According to several reports, the Giants and Hunter Pence have reached a deal on a new contract to keep the would-be free agent outfielder in San Francisco.
Jon Heyman reported that the deal could be worth $90 million dollars over five years – an average annual value of $18 million per season, topping Andre Ethier‘s five-year, $85 million extension from last year.
This deal will likely set the bar for a free agent like Shin-Soo Choo this winter, Heyman says. (Hi Sandy)
Pence, 30, acknowledged last night that negotiations were gaining traction, and that the Giants were close to getting back to him with a serious offer.
The righthanded slugger is wrapping up a tremendous 2013 campaign in which he hit .282/.339/.481 with 26 homers, 90 runs, 94 RBI and 22 stolen bases.