SAN FRANCISCO, Calif. (KRON) — Brandon Belt is staying in the Bay.

The veteran first baseman is accepting the $18.4 million qualifying offer from the San Francisco Giants, according to MLB Network’s Mark Feinsand.

The Giants extended the one-year qualifying offer to Belt on Sunday.

Players who received a qualifying offer have until 2 p.m. Wednesday to accept or reject the offer.

Check back for updates.