The Giants have offered Edgar Renteria a contract in the "Pat Burrell range" of one year for $1MM, reports John Shea of the San Francisco Chronicle. If Renteria really does have two other options on the table, San Francisco will probably have to bump its offer up a bit, despite the mutual interest between the Giants and their 2010 World Series MVP.
As MLBTR's Ben Nicholson-Smith pointed out in the previous linked article, the Giants already have a pretty crowded infield, though Renteria could find playing time given how none of those infielders (except Freddy Sanchez) played well enough in 2010 to have firm claims on starting jobs next year. Renteria himself, of course, hit just .276/.332/.374 in 267 regular season plate appearances before catching fire in the World Series. Whereas Burrell literally took a hometown discount, Renteria could accept the smaller contract to remain with the team that has already brought him one championship ring and should contend again in 2011.