Free agent centerfielder Angel Pagan, one of the Phillies' top targets after they missed out on B.J. Upton, has reached an agreement to re-sign with the Giants, according to CBS Sports.
The deal is for four years and $40 million, per Yahoo! Sports.
It was always believed that the Giants would make a strong push to keep Pagan and Marco Scutaro, two players that sparked the top of their lineup during a World Series run. Pagan gave San Francisco the speed threat in the leadoff spot it lacked in recent seasons and GM Brian Sabean was intent on keeping that threat by the bay.
With the Pagan chip off the table, the Phillies are left with even fewer free-agent options to fill their centerfield hole. Michael Bourn will still be on the market, but there are indications that the Phillies would rather spend that type of money on a bat with power. Bourn figures to make close to what Upton found with Atlanta (five years, $75 million), and the Phillies aren't thrilled by the price requests on the Scott Boras client.
Shane Victorino will be another choice, but he has a whole host of suitors and has reportedly been offered several three-year deals and even a four-year deal. The Phillies aren't expected to go out and top others' offers to bring back the talented but frustrating player they traded in July.
And then there's Josh Hamilton, a player who will surely be at the center of talks this week in Nashville at the Winter Meetings, a player who may require at least a five-year deal and a player who isn't a true long-term fit in center.
At this point, it might be time for some creativity. Peter Bourjos is not a true trade option, as the Angels plan to start him every day in 2013. Dexter Fowler ... maybe, but the Rockies' asking price has long been high on him and they reportedly asked the Braves for Mike Minor in a deal.
Suddenly, a market flush with centerfielders has turned into one that doesn't leave Ruben Amaro with too many correct, viable solutions.