October 31, 2012; San Francisco, CA, USA; San Francisco Giants center fielder Angel Pagan salutes the crowd during the World Series victory parade at Market Street. The Giants defeated the Detroit Tigers in a four-game sweep to win the 2012 World Series. Mandatory Credit: Ed Szczepanski-USA TODAY Sports

Angel Pagan Re-Signs With San Francisco Giants For 4 Years, $40 Million

According to Ken Rosenthal of FOX Sports, free agent outfielder Angel Pagan and the San Francisco Giants are close to coming to terms on a new deal that will keep Pagan in orange and black for the foreseeable future:

Sources: Pagan close to re-signing with #SFGiants.

Pagan, who’s drawn heavy interest from about 10-12 teams waited for a market to be set, which it was when the Atlanta Braves inked B.J. Upton to a deal last week.

Update - According to Jon Heyman, the two sides have come to an agreement.

The deal is reportedly worth $40 million dollars over four years – a coup for the Giants, given the market set from the aforementioned Upton. We’ll have more on the deal later.

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