According to Jon Heyman of CBS Sports, the San Francisco Giants made an offer to ace Tim Lincecum for at least five years and $100M+, but he rejected it. They're now reportedly focusing on a deal of one or two years for Lincecum.

Additionally, the team is reportedly optimistic about signing starter Matt Cain long-term. He's set to become a free agent after this season, but the team seems confident about signing him to a contract extension with an average annual value under $20M.