Madison Bumgarner receives qualifying offer from Giants

Madison Bumgarner has received a $17.8 million qualifying offer from the San Francisco Giants, a move that likely will decrease demand for him in the free-agent market. San Francisco's decision Monday means a team signing Bumgarner would lose at least one pick in next year's amateur draft as compensation unless a deal is struck after the draft starts in June. Compensation caused pitchers Dallas Keuchel and Craig Kimbrel to wait until after the draft to sign 2019 contracts.