The Giants have placed third baseman J.D. Davis on waivers, FanSided’s Robert Murray writes (via X). The move comes just a week after San Francisco signed Matt Chapman, which seemed to make Davis an odd man out in the team’s corner infield picture.
With Chapman now at third base, Jorge Soler at DH, and LaMonte Wade Jr. and Wilmer Flores slated as a platoon tandem at first base, there wasn’t much room for Davis to find everyday playing time, making him something of an overqualified bench piece. Chapman’s contract came after months of speculation that he would eventually land in San Francisco to re-unite with his former manager Bob Melvin, so really, trade rumors have been surrounding Davis for much of the offseason.
The waiver-wire move indicates that a trade couldn’t be found, yet that doesn’t mean that there isn’t interest in Davis’ services. It could be that rival clubs weren’t willing to meet whatever asking price Giants president of baseball operations Farhan Zaidi was seeking, and were content to wait and see if Davis would just end up available to be claimed. By that same logic, it seems possible that Davis might also clear waivers entirely if no team wants to assume the $6.9MM salary he is owed for the 2024 season, after an arbitration panel ruled in Davis’ favor at a hearing last month.
The fact that Davis went to a hearing provides an interesting wrinkle to his salary situation, as per the terms of the current Collective Bargaining Agreement. Salaries for arbitration-eligible players are not fully guaranteed until they make the Opening Day roster, or (as noted by Alex Pavlovic of NBC Sports Bay Area) unless they agree to a salary without going to a hearing — your standard “team and player have avoided arbitration” situation.
However, in going to a hearing, Davis could be subject to the CBA clause stating that San Francisco can part ways with him for a prorated portion of his $6.9MM salary. That prorated sum will be 30 days’ worth of termination pay if Davis is released earlier than 16 days prior to the start of the Giants’ season (their first game is on March 28), and 45 days’ worth of pay if he is released after that 16-day checkpoint. Davis might well have grounds for a grievance if the Giants try this tactic, as he has been tearing it up at the plate in Spring Training, and could therefore argue that he isn’t being released “for failure to exhibit sufficient skill or competitive ability,” as detailed in the CBA wording.
Barring a potential grievance, the Giants would save roughly $5.793MM by releasing Davis before the 16-day threshold. It isn’t an insignificant sum, especially for a team that is approaching luxury tax status. RosterResource projects the Giants for a tax number of just under $231.3MM, leaving the club with only a little breathing room before hitting the $237MM tax line. Given how the Giants have pursued several high-salaried stars in recent years, paying the tax altogether probably isn’t seen as a huge barrier for ownership or the front office, yet naturally the team would ideally like to pay as little tax as possible. San Francisco could potentially still be adding another big salary to the ledger before Opening Day, as the Giants remain linked to top starters Blake Snell and Jordan Montgomery on the rumor mill.
Davis hit .248/.325/.413 with 18 homers over 546 plate appearances with San Francisco in 2023, as hot starts and finishes to the season bookended a pretty severe slump over the summer months. The offensive production translated to a 104 wRC+, which is drop from the 118 wRC+ Davis posted over his first six MLB seasons with the Astros, Mets, and Giants.
While Davis’ bat has long been pretty solid, he has been something of a man without a defensive position. The public metrics give him decent grades over 287 2/3 innings as a first baseman, though Davis’ work at third base has generally been considered subpar. His 2023 performance drew at least mixed reviews, as Outs Above Average (+5) and UZR/150 (+0.8) had a positive view of his third base glovework, while the Defensive Runs Saved (-11) metric was much less impressed.
On paper, the Cubs, Brewers, Blue Jays, Rays, Nationals, Rangers, Guardians, Mariners, White Sox, Athletics, and Padres are teams that all have clear or hypothetical needs at either corner infield position or at DH, so any could potentially fit as Davis’ next landing spot. Even a relatively modest $6.9MM salary could provide an obstacle in some of these situations, and the presence of such other free agents (such as J.D. Martinez, Brandon Belt, or Evan Longoria) who could fill at least one of Davis’ positions might further complicate his market.