Reports from Jeff Passan of Yahoo! Sports and Jon Heyman of MLB Network, Lincecum is nearing a Major League deal with the Angels. This comes following a recent showcase where scouts saw "The Freak" have his fastball upwards of 92 miles per hour, all while sporting olive board shorts and a Team-USA soccer jersey. The club has not confirmed any signing.
Lincecum, 31, is coming off hip surgery from the prior season, his best in a four year span that saw a 4.68 ERA and 1.402 WHIP. Over those four years, Lincecum was able to throw a pair of no-hitters, both against the Padres.
With elbow injuries to the Angels' ace, Garrett Richards, and number two starter, Andrew Heaney, the rotation saw a sore site. Hector Santiago, an All-Star from last season, was the new ace; Jered Weaver can hardly get his fastball above the low to mid 80's; Nick Tropeano is one year removed from his rookie campaign; Matt Shoemaker is having a worst career season (9.12 ERA); Jhoulys Chacin was added in a trade; and any signs beyond that being found in a dearth of Triple-A depth.
The addition of Lincecum will at least add a Major League caliber arm to the rotation, but won't come with immediate signs forward. Lincecum has not thrown a competitive pitch since June 27, 2015 - or 323 days from this article being published. He'll likely spend time with Triple-A Salt Lake, rehabbing his arm to get his pitch count up.
Lincecum did express desire to be in a rotation as opposed to bullpen, which may have been involved in his final decision making process. Two other teams - San Francisco Giants and Chicago White Sox - were of notable interest in Lincecum, but did not offer a spot in the rotation for his future.