The San Francisco Giants have informed Madison Bumgarner and his representatives that they are ready to begin discussions on a new contract.

Bumgarner previously signed a six-year, $35.56 million deal through 2017 that includes $12 million club options for the 2018 and 2019 seasons.

"We want to make sure Madison is here for the long haul," Bobby Evans said. "We'll certainly be available when they're ready to talk. We continue to exchange volleys. We're ready when they're ready. I've even talked to Madison. We're very clear."