The Giants and Angel Pagan are close to reaching an agreement to bring Pagan back to San Francisco, reports Ken Rosenthal of FOX Sports (via Twitter).

San Francisco had been one of Pagan's strongest suitors for most of the offseason, along with the Phillies. Danny Knobler of CBS Sports tweeted earlier this afternoon that the Phils still considered the price for the 31-year-old to be too high, though Philadelphia was more likely to sign Pagan than Michael Bourn. Two days ago, ESPN.com's Buster Olney reported that the Giants were believed to be offering a four-year deal with a lower annual salary than Pagan was seeking.

Pagan enjoyed a very productive 2012 season in which he hit .288/.338/.440, slightly exceeding his career rates in each category. The center fielder ranked 11th on MLBTR's list of this winter's top 50 free agents.

Originally published on December 3rd at 2:47pm.