Hunter Pence Getty

Giants, Hunter Pence agree to five-year, $90 million extension

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UPDATE: Andrew Baggarly of CSNBayArea.com hears that Pence’s new deal will include a no-trade clause.

1:30 p.m. ET: Alex Pavlovic of the San Jose Mercury News reports that the two sides have agreed to a deal, pending a physical.

1:28 p.m. ET: FOX Sports’ Ken Rosenthal adds that it would be a five-year, $90 million deal.

1:18 p.m. ET: CBS Sports’ Jon Heyman reports that the Giants and Pence are “closing in” on a $90 million deal. The contract would carry an AAV (average annual value) of $18 million per season, topping Andre Ethier’s five-year, $85 million ($17 million AAV) extension from last year. Pence’s new deal will likely set the bar for free agent outfielders like Shin-Soo Choo and Jacoby Ellsbury this winter.

10:08 a.m. ET: Hunter Pence is poised to do quite well in free agency this winter, but it’s possible he’ll come to an agreement with the Giants before getting a chance to hit the open market.

In an unusual scene, Andrew Baggarly of CSNBayArea.com reports that Pence and Giants president Larry Baer had a long discussion in the clubhouse “within earshot of reporters” after last night’s game in which they appeared to be discussing a new contract. Baer merely said that he was congratulating Pence for winning the team’s Willie Mac Award, given annually to the team’s most inspirational player, but the impending free agent confirmed that the two sides are discussing a contract and that a deal could be imminent.

“They’re about to get back to me, seriously,” Pence said. “So we’re either really close or really far away.”

Like, close as in he could reach an agreement before everyone scatters for the winter on Sunday?

“Yeah,” Pence said. “I’ll know shortly. We’ll just say we’re talking, I guess.”

His quotes came hours after general manager Brian Sabean called re-signing Pence the first priority among the “heavy lifting” prior to the start of the free agency period. The club also hopes to retain Tim Lincecum and Javier Lopez.

Pence has enjoyed one of his best seasons this year, batting .282/.339/.481 with 26 home runs and 94 RBI over 160 games. The 30-year-old has previously said that he would pass up free agency to sign a multi-year deal with the Giants, but he’s obviously not going to come cheaply.

Report: Teams reluctant to gamble on Cliff Lee

Philadelphia Phillies starting pitcher Cliff Lee throws during the first inning of a baseball game against the Washington Nationals at Nationals Park Thursday, July 31, 2014, in Washington. (AP Photo/Alex Brandon)
AP Photo/Alex Brandon
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In Saturday’s column for the Boston Globe, Nick Cafardo suggests that free agent Cliff Lee is seeking a guaranteed major league deal between $6 and $8 million plus incentives. That is turning some otherwise interested teams away, as the lefty is still recovering from a torn flexor tendon in his left elbow. Lee hasn’t pitched since July 31, 2014.

Last month, Lee’s agent Darek Braunecker said the pitcher would need “a perfect fit” to pitch in 2016. He also noted that Lee has begun a full offseason throwing program.

In his most recent season, Lee compiled a 3.65 ERA with 72 strikeouts and 12 walks in 81 1/3 innings for the Phillies. The Phillies had signed him to a five-year, $120 million contract in December 2010 but declined a club option for the 2016 season, instead buying him out for $12.5 million.

Orioles reconsidering signing Yovani Gallardo

Yovani Gallardo
AP Photo/Tony Gutierrez
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In an article for MASN on Friday, Steve Melewski noted that the Orioles were reluctant to forfeit their first round draft pick (14th overall) in order to sign free agent starter Yovani Gallardo. The club is now reconsidering its stance and rechecking the right-handers medicals, MASN’s Roch Kubatko reports.

Gallardo, who turns 30 on February 27, posted a 3.42 ERA with 121 strikeouts and 68 walks over 184 1/3 innings for the Rangers last season. The Rangers had acquired him in a trade with the Brewers, sending Luis Sardinas, Corey Knebel, and minor leaguer Marcos Diplan to Milwaukee.

Gallardo has posted an ERA below 4.00 in six of his last seven seasons. He remains unsigned into February, however, because his strikeout rate has rapidly decreased with each year since 2012. Per FanGraphs, that rate was 23.7 percent in 2012, then went to 18.6 percent, 17.9 percent, and 15.3 percent progressively. Some of that may have to do with diminishing fastball velocity, as Gallardo’s 90.4 MPH average marked a career low among his eight full seasons with at least 100 innings pitched.

The Orioles lost starter Wei-Yin Chen, who signed with the Marlins, and the back end of their rotation is highly speculative with Kevin Gausman, Mike Wright, Odrisamer Despaigne, and Tyler Wilson. Adding a veteran like Gallardo, even if he is apparently declining, may be stabilizing.

Freddy Garcia is calling it a career

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Elsa/Getty Images North America
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MLB.com’s Jesse Sanchez passes along word from the Dominican Republic that right-hander Freddy Garcia will hang up his cleats for good after Sunday’s Caribbean Series championship game.

Garcia will start that game for the Tigres de Aragua out of Venezuela. He’s taking on Mexico’s Venados de Mazatlan.

“Venezuelan fans are expecting something good from Freddy and so is everybody,” said Tigres de Aragua manager Eddie Perez, who also serves as the bullpen coach for the Atlanta Braves. “Knowing that it’s his last game is going to make it very special. We all hope he pitches a really good game so he can retire in a good way and bring the title for Venezuela. Everybody who is rooting for Venezuela expects him to do well.”

Garcia’s last major league game was in the 2013 postseason. The 39-year-0ld will finish with a 4.15 ERA, 1.30 WHIP, and 6.4 K/9 in 2,264 career regular-season innings. He had a 3.26 ERA in 11 playoff starts, winning a World Series title with the White Sox in 2005.

Video: 2016 will be a season to remember

Carlos+Correa+Houston+Astros+v+Arizona+Diamondbacks+Ctyu5RiU3SWl
Christian Petersen/Getty Images North America
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MLB.com put together this very cool video montage reviewing the 2015 season and setting us up for what should be a wild 2016. Young stars, veterans chasing milestones, unpredictable divisional races.

It’s so close to spring training. Let’s do this.