The Giants have requested unconditional release waivers on corner infielder J.D. Davis after he went unclaimed on outright waivers, tweets Alex Pavlovic of NBC Sports Bay Area. Once he clears, he’ll be a free agent.
Davis won an arbitration hearing over the Giants earlier in the offseason, which awarded him a $6.9M salary. However, under the terms of the collective bargaining agreement, that sum isn’t fully guaranteed until Opening Day. By cutting him now, the Giants could potentially only owe him 30 days of termination pay — about $1.11M. The CBA, however, explicitly states that this applies to players who have “failed to exhibit sufficient skill or competitive ability.” That hardly seems to apply to Davis, who hit .248/.325/.413 with 18 home runs during the 2023 regular season and is 6-for-15 with a pair of homers this spring (.400/.471/.800).
Under the previous collective bargaining agreement, no arbitration deals were fully guaranteed unless specifically bargained as such. The new set of rules fully guarantees the deals of players who agree to terms absent a hearing — but allows teams to move on from players who go to a hearing without being responsible for the full freight of the contract. A player released more 16 or more days before the season opener is entitled to 30 days of his prorated salary, whereas a player released with fewer than 16 days before the opener is entitled to 45 days of his prorated salary. Again, however, that’s contingent on “failure to exhibit sufficient skill or competitive ability.” Davis’ representatives at ALIGND Sports and the MLBPA ostensibly have cause to file a grievance on his behalf, claiming that his termination is not reflective of his skill (or lack thereof).
For much of the offseason, it looked as though Davis would be the Giants’ primary option at the hot corner. Matt Chapman lingered on the open market long enough that the Giants were able to scoop him up on a three-year deal at much more favorable terms than expected heading into the offseason. Chapman can opt out of that $54M deal in either of the next two offseasons, but his price tag dropped to the point where the Giants felt they couldn’t pass on the deal — even it meant moving on from a productive player in the 31-year-old Davis.
The Giants unsuccessfully attempted to trade Davis after signing Chapman, president of baseball operations Farhan Zaidi said on a call with reporters today (X link via Susan Slusser of the San Francisco Chronicle). The team placed Davis on outright waivers over the weekend, but by this point on the calendar, most clubs have used up the bulk of their offseason budgets. A $6.9M salary isn’t a notable percentage of most teams’ payrolls, but it was hefty enough at this time of the offseason that no team felt comfortable claiming it. The fact that Davis could be signed for a lesser salary upon clearing waivers and becoming a free agent surely played into the calculus for interested clubs as well.
While the 2023 season was far from Davis’ best, it was still a productive one all around. He’ll immediately become one of the most intriguing bats on the market and could land with any team looking to add some right-handed thump to its lineup. Last year’s .248/.325/.413 slash was four percent better than average, by measure of wRC+, but from 2019-22 Davis turned in a much healthier .276/.363/.457 line — about 27% better than average, per wRC+. Davis has roughly even platoon splits throughout his career.
From a defensive standpoint, an opposite trajectory has played out — at least in the eyes of Statcast. Davis has been panned as a poor defender for years at the hot corner, but Statcast graded him five outs above average in 2023. Defensive Runs Saved remained quite bearish on him (-11). Most clubs likely view Davis as a below-average defender and thus as a limited player, but there’s little doubting he’s a major league bat who can improve nearly any club’s everyday lineup — or at least its bench mix.
For the Giants, if they indeed succeed in shaving nearly $5.8M off the books in 2024, they’ll be about $10M shy of the luxury tax threshold, per RosterResouce. Whether that opens the door for any further, late additions in free agency or via the trade market remains to be seen. Zaidi has suggested that his team is likely done with significant additions, but he made similar comments after signing Jorge Soler and then went on to sign Chapman as well.
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