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Giants Have A "Deal In Place" To Acquire Hunter Pence?

July 17, 2012; Los Angeles, CA, USA; Philadelphia Phillies right fielder Hunter Pence (3) at bat in the sixth inning against the Los Angeles Dodgers at Dodger Stadium. Mandatory Credit: Gary A. Vasquez-US PRESSWIRE
July 17, 2012; Los Angeles, CA, USA; Philadelphia Phillies right fielder Hunter Pence (3) at bat in the sixth inning against the Los Angeles Dodgers at Dodger Stadium. Mandatory Credit: Gary A. Vasquez-US PRESSWIRE

UPDATE Monday 1:53 AM EST: Hank Schulman of the San Francisco Chronicle throws some cold water on the report of a deal being agreed to.

UPDATE Monday 1:06 AM EST: Giants VP Bobby Evans tells Andrew Baggarly of CSN Bay Area that there's "no truth to the rumor" of a deal in place to acquire Hunter Pence. Baggarly also tweets the KPIX newsroom have confirmed to him their sports director, Dennis O'Donnell, breaking the news and not a hoax account.

Original Story: According to KPIX-TV, San Francisco's CBS affiliate, the San Francisco Giants have a "deal in place" to acquire corner outfielder Hunter Pence from the Philadelphia Phillies, but is pending ownership approval (via Andrew Baggarly of CSN Bay Area). KPIX-TV broke the Aubrey Huff deal and the managerial hiring of Bruce Bochy, among others.

The Phillies have been eager to move Pence and getting swept by the Braves this weekend was a clear signal to GM Ruben Amaro Jr to sell, sell, sell. The 29-year-old Pence is batting .268/.333/.444 in 396 plate appearances this season.

Also, it will be interesting to see the quality and quantity of prospects returning to Philly, who desperately need to improve their farm system. The one question everyone is wondering right now: did the Giants part with prized prospect Gary Brown?