Sep. 15, 2012; Phoenix, AZ, USA; San Francisco Giants outfielder Angel Pagan (16) during the game against the Arizona Diamondbacks at Chase Field. Mandatory Credit: Jennifer Stewart-USA TODAY Sports

The San Francisco Giants have re-signed free agent outfielder Angel Pagan to a four-year, $40 million deal, according to several reports. The deal is pending a physical.

After a breakout season in 2012 when he hit .288 with eight home runs and 15 triples in his first season with the Giants, Pagan has been one of the most sought-after commodities on the free agent market.

The Phillies and Mets were interested in signing Pagan, but in the end it was the defending champion Giants that beat both of them out, handing him a huge pay day.

This solidifies the center field position for the Giants in the long term, as well as the lead-off spot. The Giants’ main focus now will be bringing back second baseman Marco Scutaro, who is also a free agent.

Stay tuned to Golden Gate Sports for updates on the Winter Meetings.