They've already traded for starter James Paxton and signed free agent infielders Troy Tulowitzki and DJ Lemahieu, among other moves.
USA Today's Bob Nightengale has reported that Harper is intrigued by the idea of playing for the Giants and staying near his hometown of Las Vegas, and he noted that the race for the six-time All-Star might be down to San Francisco and the Philadelphia Phillies. However, it sounds like Nightengale thinks the Giants have the edge.
On the flip side, San Francisco is a 90-minute flight to Harper's hometown of Las Vegas, and the lovely ballpark averaged 39,000 fans previous year. The Phillies have money to spend, and most signs are pointing toward Philadelphia making Harper an offer that is close to 10 years.
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Against a backdrop of boos, he proved it with a performance as energetic as his "swearing" celebration after the first goal. He plays and that's competition and that's fair competition in my opinion".
"With the Giants moving in and all the optimism, I do believe it's a coin flip", Nightengale told KNBR.
The Giants are reportedly interested in offering Harper a massive short-term contract, while the Phillies could give him the long-term deal he's seeking.
There's also skepticism among some parties involved in the Giants-Harper conversation that San Francisco can generate the kind of offer the slugger is looking for, reports ESPN's Buster Olney.
The Yankees have had an active offseason. That could throw a wrench in San Francisco's bid to acquire Harper, as new VP of Baseball Operations Farhan Zaidi has shown little enthusiasm at the prospect of breaking the bank for one player this offseason, with so many holes on both the Giants' big-league roster, and farm system.