Athletics to sign veteran third baseman

While he was no longer a great roster fit in San Francisco, the release was clearly motivated in large part by finances. Under the collective bargaining agreement, arbitration-eligible players who settle on a contract without going to a hearing are entitled to their full salary even if they’re released. Arbitration salaries determined in a hearing — whether in favor of the player or team — are not fully guaranteed until Opening Day. By releasing Davis more than 15 days before the start of the regular season, the Giants were only responsible for 30 days termination pay. That checked in a little above $1.1M.

Davis’ deal with the A’s brings his guaranteed money for the upcoming season around $3.6M. If he hits all of his incentives, he could get to around $4.6M in earnings. The end of his Giants tenure will cost Davis a few million dollars, although he’ll at least have a clear path to everyday reps.

Oakland was likely to go into the year with either Abraham Toro or Darell Hernaiz logging the majority of their third base work. Toro is a career .211/.282/.354 hitter who spent most of last season in Triple-A with the Brewers. Hernaiz is a talented prospect, but he has yet to make his big-league debut. Even if Hernaiz hits his way to the majors this year, he could push defensive specialist Nick Allen for playing time at shortstop. The A’s grabbed Miguel Andújar off waivers from the Pirates early in the offseason. He’s still on the roster but has played mostly in the corner outfield over the past few seasons.

Davis should be a clear upgrade over that group. The 30-year-old (31 in April) has been an above-average hitter in each of the last five seasons. Last year’s .248/.325/.413 batting line was his worst rate production since he emerged in 2019. Still, he played in a career-high 144 games and connected on 18 home runs. Davis has above-average power and draws a fair number of walks. He strikes out at a higher than average rate, yet his .268/.352/.443 slash of the last five years could earn him a spot in the middle third of Mark Kotsay’s lineup.

With between five and six years of major league service, Davis will head back to free agency next offseason. The opportunity to play on an everyday basis is surely appealing as he tries to establish himself as the No. 3 third base option in a free agent class that’ll include Alex Bregman and, if he opts out, Chapman. Improving his defensive grades would be a big boost to his market value. Davis has typically rated as a fringy defender. Public metrics were split on his value last season. Defensive Runs Saved had him among the least effective third basemen at 11 runs below average in 915 2/3 innings. Statcast was a lot more impressed, rating him four runs better than par.

Davis also drew interest from the Mets this week. Joel Sherman of the New York Post tweets that he chose the A’s in part because of the guarantee that he’ll play on a regular basis. He reunites with former Giants teammates Ross Stripling, Alex Wood and Scott Alexander as veteran additions to the A’s clubhouse. As with any veteran joining a rebuilding team on a one-year deal, he’d be a clear trade candidate this summer if he’s playing at his typical level.

Oakland’s player payroll now sits around $61M, as calculated by RosterResource. That is a little above last season’s approximate $57M Opening Day mark but still sits last in MLB by a country mile. The A’s have a full 40-man roster and will need to make a corresponding move once the contract is finalized.