3:45pm: Vasquez tells CSNBayArea.com's Andrew Baggarly the Giants made a three-year offer in the $40MM range on Friday, which was rejected out of hand. Vasquez will remain in Arizona through the Giants' season-opening series against the Diamondbacks and is open to continuing negotiations, but he doubted anything will happen before Opening Day. "I don’t think in 24 hours they’ll jump from three years to five or six," Vasquez said. "But I know for sure that after the All-Star break, if nothing happens, then it’s on to free agency."

2:36pm: Pablo Sandoval's agent, Gustavo Vasquez, told the Giants on Saturday his client wants at least five years and no less than the $90MM the club gave Hunter Pence in his extension last September, reports Henry Schulman of the San Francico Chronicle. As a result, the Giants do not expect to come to terms on an extension before Opening Day. Schulman writes Sandoval's camp is still formulating a strategy as how to approach talks from here: negotiate in-season or opt for free agency, if they can’t strike a deal before Opening Day.

"I don’t know anything about it," Sandoval said about the extension discussions. "I’m focused on baseball. I leave all that to my agent."

President and CEO Larry Baer has indicated in the past there's the entire season to work out a deal with Sandoval. GM Brian Sabean had said he would be open to a contract extension based on what the 27-year-old looked like in Spring Training because of all the work he did over the winter to get into shape. Sandoval, who has battled weight and conditioning issues throughout his career, spent time on the disabled list last year for a foot strain, but still managed his highest games played total (141) since 2010. Kung Fu Panda hit .278/.341/.417 with 14 home runs in 584 plate appearances in 2013, but with the lowest isolated power mark of his career.