Offseason In Review: San Francisco Giants
This is the latest post of MLBTR’s annual Offseason in Review series, in which we take stock of every team’s winter dealings.
Apart from a late push in the Bryce Harper market, the Giants stuck to mostly low-profile signings and acquisitions in Farhan Zaidi’s first offseason as the club’s president of baseball operations.
Major League Signings
- Derek Holland, SP: One year, $7MM (includes $500K buyout of a $6.5MM club option for 2020)
- Drew Pomeranz, SP: One year, $1.5MM
- Pat Venditte, RP: One year, $585K
- Total spend: $9.085MM
Trades And Claims
- Acquired RP Trevor Gott from the Nationals for cash considerations
- Acquired OF Michael Reed from the Twins for OF John Andreoli and cash considerations (Andreoli was previously claimed from the Rangers during the offseason)
- Acquired C Erik Kratz from the Brewers for SS C.J. Hinojosa
- Acquired IF Breyvic Valera from the Orioles for cash considerations
- Acquired IF/OF Connor Joe from the Reds for minor league RHP Jordan Johnson and cash considerations (Joe is a Rule 5 Draft pick from the Dodgers)
- Acquired cash considerations from the Tigers for C Cameron Rupp
- Claimed C Tom Murphy from the Rockies
- Claimed OF Mike Gerber from the Tigers (later outrighted)
- Claimed RHP Merandy Gonzalez from the Marlins (later designated for assignment)
- Claimed RHP Jose Lopez from the Reds (later designated for assignment)
- Claimed RP Travis Bergen from the Blue Jays and OF Drew Ferguson from the Astros in the Rule 5 Draft (Ferguson has since been returned to Houston)
Notable Minor League Signings
- Gerardo Parra, Nick Vincent, Yangervis Solarte, Stephen Vogt, Fernando Abad, Craig Gentry, Donovan Solano, Jandel Gustave, Brandon Beachy (Cameron Maybin, Rene Rivera, and Matt Joyce also signed minors deals but were released in Spring Training.)
Notable Losses
[Giants Organizational Depth Chart | Giants Payroll Information]
Needs Addressed
Signed to a minor league deal last offseason, Derek Holland ended up being a major bargain for the Giants. After four injury-riddled and ineffective years with the Rangers and White Sox, Holland got back on track by posting a 3.57 ERA, 8.88 K/9, and 2.52 K/9 rate over 171 1/3 innings for San Francisco in 2018.
The Reds, Rangers, and Mets were all linked to Holland over the course of the winter, though the southpaw ended up returning to the Giants on a one-year deal worth $7MM in guaranteed money, plus the club holds an option for 2020 that could result in Holland earning as much as $15MM over the course of the next two seasons. There weren’t any big red flags in Holland’s peripherals from last season, so this new contract would also be well worth the Giants’ while if Holland remains healthy.

Hunter Strickland was somewhat surprisingly let go just prior to the non-tender deadline, though the Giants have been getting good results from many of their relievers this spring, leaving the club with a bit of a logjam for the Opening Day bullpen. Rule 5 Draft pick Travis Bergen has to remain on the MLB roster all season or else be offered back to Toronto, though Bergen has pitched well enough to retain his position regardless. Low-risk acquisitions Nick Vincent, Trevor Gott, Fernando Abad, or Pat Venditte could either provide depth if they remain in the organization, win jobs outright, or potentially move into roles left open should the Giants swing a late trade involving Will Smith or Tony Watson.
A change was made at backup catcher, as Nick Hundley will be replaced by pair of late-spring acquisitions. After it seemed like rookie Aramis Garcia and minor league signings Rene Rivera and Stephen Vogt would vie for the job, San Francisco changed course by adding veterans Erik Kratz and Tom Murphy. Rivera was cut loose, while Vogt and Garcia will provide additional depth in the minors. It seems like enough of a logjam that a future move seems inevitable, though the Giants want to have plenty of catching on hand as Buster Posey recovers from hip surgery. On the plus side, Posey seems to be making good progress and is on track to appear in the Opening Day lineup, though obviously the Giants will keep a close eye on their franchise player’s status.
Outfield was the Giants’ biggest need heading into the offseason, and the club ultimately brought in a number of new faces to supplement youngster Steven Duggar (who looks to play more or less every day in center field). Former Rockies/Diamondbacks outfielder Gerardo Parra will make the Opening Day roster after signing a minor league contract. The Giants essentially swapped one Rule 5 pick for another in trading for Connor Joe and letting Drew Ferguson return to the Astros. Michael Reed, Mike Gerber, and Craig Gentry are also on hand, while incumbent Mac Williamson remains in the mix for at least part-time duty in left field.
Yangervis Solarte hasn’t appeared in a big league game as an outfielder since 2014, though the former Blue Jays utilityman has been working out in left field during Spring Training with an eye towards improving his versatility. Between Solarte, Joe, and Alen Hanson, the Giants have several players with experience at multiple positions — potentially bumping Pablo Sandoval out of the mix.
Questions Remaining
Of course, the Giants could have made a much more newsworthy outfield upgrade had they landed Harper. The team was something of an eleventh-hour entry into “Harper’s Bazaar,” though San Francisco ended up being Harper’s apparent second choice before the star free agent signed a (temporarily) record-setting 13-year, $330MM deal with the Phillies. The Giants’ reported offer of 12 years and $310MM fell shy, though the team would’ve had to top the $350MM mark to truly outbid the Phillies due to California’s higher tax rate.
It goes without saying that signing Harper would’ve changed not only the trajectory of this Giants offseason, but also the team’s outlook for the next several years. With Harper in the fold, the Giants would have indicated a full-fledged push towards contending while many of their highest-salaried players (Bumgarner through this season, Samardzija and Mark Melancon through 2020, and then Posey, Brandon Belt, Brandon Crawford, Johnny Cueto, and Evan Longoria through 2021) are still with the team. Along those same lines, the Giants also had interest in signing Yusei Kikuchi before the Japanese left-hander joined the Mariners.
Without Harper or Kikuchi, however, San Francisco left the offseason still straddling the middle ground between contending and fully rebuilding. The club has to this point resisted overtures from rival teams and held on to Bumgarner, Watson, and Smith; yet the Giants also took a very modest approach to adding to their roster. They weren’t going to deal any prospects from an already-thin farm system, and they settled for inexpensive free agent and trade additions after missing out on Kikuchi and Harper.
Joe Panik‘s status is perhaps indicative of the Giants’ overall stance this offseason. The team kept Panik in the fold rather than non-tendering him following an injury-shortened and replacement-level season, at a one-year, $3.8MM deal to avoid arbitration. At the same time, however, San Francisco also looked into signing second baseman DJ LeMahieu while checking the trade market to see what could be obtained for Panik. As it turned out, the Giants didn’t get that upgrade, and will instead go into the season with a known quantity in Panik who the club hopes will rebound.
A case can be made that Zaidi may be waiting to see how things shake out; come mid-season, he may have some new trade avenues or even the makings of a contending core. After all, Posey, Belt, Bumgarner, Samardzija, Crawford, and Melancon were all limited by injuries in 2018 — better health from even a few of those names would likely make a difference in the standings. A full teardown wasn’t really possible this winter anyway since so many of those same players have limited trade value, due to their down years, health histories, hefty contracts, no-trade clauses, or all of the above.
On the other hand, it’s also unrealistic to imagine that all of those veterans will enjoy bounce-back years. With so many big contracts already verging on albatross territory for the team, one can’t entirely blame Zaidi for eschewing the type of expensive acquisitions that have backfired on the Giants in recent years. Signing a Harper or a Kikuchi is one thing, though settling for a lower-tier free agent as a stopgap isn’t the type of move that would fuel a bigger jump up the standings.
If San Francisco isn’t contending by midseason, it wouldn’t be a surprise to see the club shift into a more definitive sell mode, at the very least on pending free agents like Bumgarner or Smith. It also wouldn’t be a shock to see the Giants explore being both buyers and sellers at the deadline — moving some short-term assets while taking on an expensive longer-term asset that could help them in 2020 or beyond. If the Giants were willing to spend $310MM on Harper, they’re clearly open to exceeding the luxury tax threshold again in order to land premium talent.
Should 2019 end up being the last hurrah for this group of Giants stars before a rebuild, it’s perhaps fitting longtime manager Bruce Bochy will retire when the year is out. The three-time World Series champion will manage a 25th season before stepping out of the dugout and starting his inevitable path to Cooperstown.
2019 Season Outlook
Frankly, there’s still a few days for the roster to change, which could shift the outlook. Regardless, an awful lot would have to go right for the Giants to go from 89 losses in 2018 to a playoff contender in 2019. In a very competitive National League, the Giants could themselves battling to stay out of last place in their division, rather than challenging the Dodgers for NL West supremacy.
How would you grade the Giants’ offseason moves? (Link for app users.)
How Would You Grade The Giants' Offseason?
-
D 38% (1,625)
-
C 30% (1,285)
-
F 21% (915)
-
B 8% (360)
-
A 2% (77)
Total votes: 4,262
Photo courtesy of USA Today Sports Images
Giants Designate Merandy Gonzalez For Assignment
The Giants announced that they’ve designated right-hander Merandy Gonzalez for assignment. His spot on the 40-man roster will go to catcher Tom Murphy, whose previously reported waiver claim has now been formally announced by the team. San Francisco claimed Gonzalez off waivers from the Marlins back at the beginning of March.
Gonzalez, 23, made his MLB debut with the Marlins in 2018 having been previously acquired in the trade that sent AJ Ramos from Miami to the Mets. In his first 22 innings of MLB work, Gonzalez struggled to the tune of a 5.73 ERA as he allowed 31 hits with a 19-to-8 K/BB ratio. That debut came on the heels of a pedestrian season in Double-A, where he logged a 4.32 ERA over the life of 14 starts (73 innings) with unsightly averages of 5.8 strikeouts and 4.1 walks per nine innings pitched.
Gonzalez, who averaged 93.7 mph on his fastball in last season’s debut, made one scoreless appearance with a strikeout with the Giants before being optioned to Triple-A. The Giants will now have a week to trade him or try to pass him throughout outright waivers themselves, as the Marlins failed to do earlier in the month. If he does clear waivers this time around, he’d remain with the organization as a depth piece in the upper minors.
Giants Claim Tom Murphy From Rockies
The Giants have claimed catcher Tom Murphy off waivers from the Rockies, Jon Heyman of MLB Network reports (via Twitter). Colorado reportedly placed the 27-year-old Murphy, who is out of minor league options, on waivers over the weekend.
The move to acquire Murphy comes just one day after San Francisco acquired another out-of-options catcher, Erik Kratz, in a trade with the Brewers. That now gives the organization three catchers to carry on the 25-man roster to start the season, as Murphy and Kratz will join Buster Posey on the Opening Day roster. As Alex Pavlovic of NBC Sports Bay Area recently wrote, skipper Bruce Bochy did acknowledge that the organization had considered carrying three catchers to begin the year, although at the time, the thinking was that said statement applied to young catcher Aramis Garcia. With Murphy now in the organization, Garcia seems ticketed for Triple-A to open the season.
In placing Murphy on waivers, the Rockies seemingly prioritized catcher defense over Murphy, who arguably has greater offensive potential than in-house options Tony Wolters and Chris Iannetta. (The decision was surely also influenced in part by the $4.8MM still owed to Iannetta.) Murphy showed some of that promise early in his limited MLB experience, hitting .266/.341/.608 through his first 88 MLB plate appearances in 2015-16. Since that time, he’s logged an additional 122 PAs and mustered only a .188/.221/.325 batting line, although that paltry sample of data doesn’t reveal much.
Murphy, a former Top 100 prospect in the eyes of Baseball America, maintained a potent bat in Triple-A last season when he posted a .901 OPS in 264 PAs that is a near-mirror image of his composite .902 OPS from parts of four seasons at the top minor league level. Murphy has been about average at catching base thieves throughout his Major League and minor league tenure, and Baseball Prospectus has valued his pitch-framing and pitch-blocking skills similarly.
NL West Notes: Holland, Kratz, Giants, Garcia, Shaw
The latest from the NL West…
- The Diamondbacks will use Greg Holland as their closer, Torey Lovullo told reporters (including the Arizona Republic’s Nick Piecoro) today. The veteran reliever didn’t exactly impress during Spring Training, posting a 12.27 ERA over 3 2/3 IP, yet Lovullo said the D’Backs made their decision based in part on Holland’s past closing experience. Also, with Holland at closer, it frees Arizona to use Archie Bradley and Yoshihisa Hirano either as setup men or perhaps in other high-leverge situations earlier in games. Holland is trying for a rebound year following a 2018 that saw him get off a rough start with the Cardinals, before somewhat righting the ship in the Nationals’ bullpen down the stretch. He signed a one-year, $3.25MM contract with the D’Backs this winter, and Holland can more than double that total with $3.5MM available in incentives.
- The newly-acquired Erik Kratz will be the Giants‘ backup catcher, manager Bruce Bochy told NBC Sports’ Alex Pavlovic and other media. This doesn’t necessarily mean that rookie Aramis Garcia will be sent down to Triple-A, as Bochy said the club is still thinking about carrying three catchers early in the year to account for Buster Posey‘s recovery from hip surgery last summer. As Pavlovic notes, however, keeping Garcia would create a bit of a roster crunch if the Giants stick with their plan of carrying 13 pitchers.
- Bryan Shaw‘s first season with the Rockies was a tough one, as the veteran reliever struggled to a 5.93 ERA over 54 2/3 innings. This led to an offseason devoted to correcting Shaw’s mechanics, The Athletic’s Nick Groke writes (subscription required), which included discovering and correcting a flaw in the right-hander’s delivery, as well as a new strengthening program to keep Shaw’s shoulder in good condition. While Shaw got off to a rough start in Spring Training as these changes took hold, he can begun to show better form in recent outings. The Rockies are sorely in need of a bounce-back year from Shaw (not to mention Jake McGee and Mike Dunn) in order to reinforce a bullpen that lost Adam Ottavino to free agency.
Giants Designate Jose Lopez
The Giants have designated right-hander Jose Lopez for assignment, Andrew Baggarly of The Athletic tweets. His roster spot will go to catcher Erik Kratz, whom the Giants acquired from the Brewers on Sunday.
It was a short stay on the Giants’ 40-man roster for Lopez, a 25-year-old who joined the team via waivers from the Reds on Feb. 12. As MLBTR’s Steve Adams wrote at the time: “A year ago, Lopez was considered to be one of the more promising pitching prospects in Cincinnati’s system. The righty was fresh off a 2.57 ERA with 8.8 K/9, 3.0 BB/9 and a 44 percent ground-ball rate in 147 innings between Class-A Advanced and Double-A and was added to the Reds’ 40-man roster in order to protect him from the Rule 5 Draft. In 2018, however, Lopez turned in a 4.47 ERA with 7.5 K/9, 2.6 BB/9, 1.21 HR/9 and a diminished 29.1 percent ground-ball rate in 141 innings at the Triple-A level.”
Lopez struggled during 3 1/3 spring frames as a member of the Giants, with whom he yielded five earned runs on seven hits and three walks, with three strikeouts. Despite his difficulties dating back to last year, it’s possible Lopez will once again fail to clear waivers, as he has a pair of minor league options remaining.
Giants Acquire Erik Kratz
10:02am: Kratz is indeed going to San Francisco for Hinojosa, per an announcement from the Brewers.
9:40am: The Brewers will acquire shortstop C.J. Hinojosa from the Giants, Robert Murray and Andrew Baggarly of The Athletic report. Milwaukee may send veteran catcher Erik Kratz to San Francisco, Murray and Baggarly suggest.
Hinojosa had been with the Giants since they took him in Round 11 of the 2015 draft. He spent the majority of 2016-18 at the Double-A level, where he owns a .259/.321/.345 line in 951 plate appearances. The 24-year-old offered roughly league-average minors production across 283 PAs last season in a return from a late-2017 Achilles tear; however, he also missed 50 games after testing positive for a drug of abuse for the second time.
As recently as last May, Hinojosa ranked as the Giants’ 16th-best prospect, per FanGraphs’ Eric Longenhagen, who wrote that the ex-Texas Longhorn “projects as a utility man trending upward with contact skills.” In return for him, the Giants are landing the well-traveled Kratz, an out-of-options 38-year-old who has appeared in the majors in each season since 2010. He’d immediately replace catcher Rene Rivera, whom the Giants released Saturday, and would join Aramis Garcia and Stephen Vogt as another potential backup to Buster Posey.
While Kratz is a plus defender who quickly became a respected figure in Milwaukee after it acquired him from the Yankees last May, a lack of offensive upside helped seal his fate with the Brewers. Kratz is just a .211/.258/.363 hitter across 858 major league PAs. The Brewers have two far better offensive backstops in Yasmani Grandal and Manny Pina.
Giants Acquire Michael Reed From Twins
Per Dan Hayes of the Athletic, the Giants have acquired OF Michael Reed from Minnesota for OF John Andreoli and cash. Per Kerry Crowley of the Mercury News, lefty Steven Okert was designated for assignment to make room on the 40-man.
Reed, 26, was in camp with the Twins after an outstanding AAA performance in the Atlanta system last year. A career .269/.382/.395 hitter in the minors, Reed took it up a notch last season, slashing a ridiculous .363/.459/.539 in 229 plate appearances for AAA-Gwinnett. Scouts were never too bullish on the longtime Brewer – his highest ever rank in the Milwaukee system per Baseball America was 14th, following the 2014 season – but the recent performance has been too enticing to ignore.
Incredibly, Reed may slot in as the San Francisco’s top projected outfielder for the upcoming season – Steamer, at least, seems to agree. The Giants may not, but the righty-swinging Reed should see plenty of time at each outfield position in ’19, which he may well begin by serving as the weak-side platoon option in center field for lefty Steven Duggar.
Andreoli, 28, was brought in with a host of others to compete for a spot in the wide-open SF outfield, though his minor-league track record doesn’t glow nearly as brightly as Reed’s. The righty did put up an impressive .397 OBP at the AAA level last season, albeit in the much more hitter-friendly confines of the Pacific Coast League.
Okert, 27, has been decent in limited action for the Giants over the last three seasons, and had a banner (3.30 FIP, 12.22 K/9 vs. 2.27 BB/9) AAA season in 2018. Righties have always given the southpaw trouble, but he should have no issue latching on with a new franchise in the coming days.
Orioles, Giants Swap Mike Yastrzemski, Tyler Herb
Per team releases, the Orioles and Giants have swung a minor deal, with righty Tyler Herb headed to Baltimore and outfielder Mike Yastrzemski going to San Francisco.
Yastrzemski, 28, is the grandson of Hall-of-Famer Carl Yastrzemski. He’s made a six-year lap through the Oriole farm, with early highs eventually offset by upper-minors woes. His 2018 season was arguably his best, at least at the AAA level, with the lefty slashing a solid .265/.359/.441 in 374 plate appearances for Norfolk. He’ll provide depth at all three outfield spots for a Giants club starving for warm bodies at each of them.
Herb, 27 next month, began his professional career with Seattle before being sent south as the player to be named later in the Chris Heston deal. 2018 was a struggle for Herb: 13 starts made up his first AAA taste, and it quickly went sour, with the righty posting a 5.35 ERA/5.05 FIP in 70 2/3 innings for Sacramento. Herb has always had issue missing bats, though his repertoire could safely be counted on to induce a high number of grounders. It didn’t last season, though, as the righty posted a career-low 38.1% grounder rate.
Braves Acquire Matt Joyce
Per Kerry Crowley of the San Jose Mercury News, the Braves have acquired outfielder Matt Joyce from the Giants for cash considerations. It’ll be the third team this week for the 34-year-old Joyce, who was released Tuesday by Cleveland after the team informed him he wouldn’t crack the Opening Day roster.
Joyce enjoyed a late-career renaissance in 2016 with Pittsburgh, slashing .242/.403/.463 (136 wRC+), and again the following season in Oakland, where his 2.7 fWAR was a career best. He fell back to earth last season, though, posting an 89 wRC+ and just 0.2 fWAR in a 246 plate appearances, the vast majority of which came against right-handed pitching.
The lefty-swinging Joyce has long exhibited one of the game’s most pronounced left/right splits, slashing a career .250/.351/.451 (121 wRC+) against righties, versus just .184/.267/.306 (61 wRC+) against same-side arms. Despite the down year in ’18, Joyce’s 35% hard-hit rate was one of the highest of his career, and he maintained his always-robust walk rates, checking in at 14.2% to end the season.
He’ll serve as an ideal corner-outfield depth piece for Atlanta, and perhaps even an upgrade over incumbent Nick Markakis in right field (Steamer projects the two at an identical 102 wRC+). Despite trading for the plummeting Adam Duvall late last season, Atlanta was decidedly light on experienced corner options, so the Joyce signing seems a savvy one indeed.
Giants Release Rene Rivera
The Giants have released catcher Rene Rivera from his minor league contract, as reported by several members of the Giants beat (including NBC Sports Bay Area’s Alex Pavlovic).
Rivera and Stephen Vogt were the two veterans brought into the Giants’ camp on minor league deals to compete with Aramis Garcia for the backup role behind Buster Posey. Since Posey is recovering from hip surgery that cut his 2018 campaign short, the general consensus was that San Francisco might look for a catcher that could handle more playing time should Posey need more rest days. Instead, with Posey making good progress this spring, it seems like the Giants are comfortable using the rookie Garcia as the primary backup, as Vogt has already been assigned to Triple-A to begin the season. (Cameron Rupp was also in the Giants’ camp earlier this spring, though he has since been traded to the Tigers.)
This left Rivera as the odd man out. Unless he re-signs with the Giants on a fresh minor league deal, Rivera will now look elsewhere as he looks to embark on his 11th Major League season. Long known for his excellent framing and prowess at throwing out baserunners, Rivera has also posted decent numbers at the plate over the last two seasons — a .247/.297/.428 slash line and 14 homers over 328 PA with the Mets, Cubs, Braves, and Angels. Given his defensive reputation, Rivera seems like a good candidate to catch on with another team as clubs figure out their catching situations at the end of Spring Training.
