Giants extend $15.3 million qualifying offer to Sandoval

Just a few days after winning their third World Series in five years, the champion Giants got down to the business of offseason baseball.

Free-agent third baseman Pablo Sandoval, who solidified his résumé as a top postseason performer during the Giants' run, received the $15.3 million qualifying offer from San Francisco on Monday. That means “Panda” has seven days to accept the offer, which would keep the 2012 World Series MVP under contract with the Giants for next season. If Sandoval — who set a major-league record with 26 his this postseason — rejects the offer, the Giants are guaranteed draft-pick compensation if he signs elsewhere.

Sandoval made $8.25 million in 2014, the final year of a three-year contract. The Giants already have about $127 million in guaranteed contracts for 2015.

All 22 players in the two years under this system have rejected the offer.

Four other Giants did not receive the offer by Monday's deadline: starting pitchers Jake Peavy and Ryan Vogelsong, reliever Sergio Romo and outfielder-first baseman Michael Morse. Peavy was not eligible for the offer since he was traded during the season.

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