Giants outfielder Hunter Pence says that his preference is to sign a long term contract with the club rather than test free agency, according to Jim Bowden of ESPN.com (on Twitter). Pence will be able to test the open market after the 2013 season.
The Beverly Hills Sports Council client avoided arbitration with San Francisco this winter and is earning $13.8MM in his walk year. As MLBTR's Extension Tracker shows, GM Brian Sabean has already worked out a pair of extensions this winter by agreeing to deals with Sergio Romo and Santiago Casilla.
Pence is No. 10 on Tim Dierkes' list of 2014 free agents, making him the third-highest ranked outfielder in the group behind Shin-Soo Choo and Jacoby Ellsbury.
You want a three-year deal or something, Hunter? Produce this year (and not just clubhouse speeches and dugout rallies, though they're nice).
Also, be cool with playing in LF, at least when we're at home.
Probably the better option is giving him a qualifying offer (assuming he doesn't stink again); either you get the pick (hurray!), he takes it (one more year of commitment, not bad) or you possibly kill a great deal of his market value and re-sign him at a very considerable discount (also good).