The Giants announced today that they have placed second baseman Joe Panik on unconditional relief waivers. He had been designated for assignment recently.
This was the likely outcome of the situation once Panik hit DFA limbo. He’d have had the right to elect free agency had he been outrighted. It seems most likely that Panik will end up on the open market. A claiming team would have to take on the remainder of his $3.8MM salary. Instead, they can wait and pay him only for a pro-rated portion of the league minimum salary.
Either way, Panik will be eligible for arbitration one final time in the 2020 season. It’s unlikely he’ll be tendered, but perhaps that’s still possible if he catches on elsewhere and turns things around down the stretch.