SF Giants avoid arbitration with trio of players by agreeing to terms on 2024 salaries

The SF Giants entered the offseason with six arbitration-eligible players. They agreed to terms with Mike Yastrzemski and Austin Slater in November. On Thursday, they settled on salaries for three of the four remaining arbitration-eligible players, including LaMonte Wade Jr., Tyler Rogers, and Thairo Estrada.

SF Giants avoid arbitration with trio of players by agreeing to terms on 2024 salaries

Typically, arbitration-eligible players go through two steps in the offseason. The first step is when a team decides to tender a player a contract. That occurs in November and ensures that the player will be on the roster in the following season unless a roster move happens.

The second step is to come to terms on a salary. That usually happens in January. Teams and players exchange salary figures and usually come to an agreement at some sort of midpoint. However, if they cannot, then they would go to arbitration where a third-party determines the salary. It is a bit more complicated than that, but that is the basic framework.

For the Giants, they received cost certainty from Rogers, Wade Jr., and Estrada. According to Susan Slusser of the San Francisco Chronicle, the Giants locked up Estrada and Wade Jr. for $4.7 million and $3.5 million. Estrada had a projected salary of $4.8 million and came in slightly below that, whereas Wade Jr. had a projected salary of $3.3 million and earned a small bump above that.

Estrada was one of the Giants' more reliable position players in 2023, slashing .271/.315/416 (101 wRC+) with 14 home runs in 530 plate appearances. He was one of the best defensive second basemen in baseball as he was worth +20 Outs Above Average. Wade Jr. posted strong overall numbers as he registered a .256/.373/.417 line (122 wRC+) with 17 home runs in 519 plate appearances.

On the other hand, a source told Around the Foghorn that Rogers and the Giants settled for $3.2 million. The veteran reliever had a projected salary of $3.2 million and came in right at that mark. It was another strong year for Rogers as he tallied a 3.04 ERA in 68 appearances in 2023.

As of right now, J.D. Davis is the only Giants player with an unsettled arbitration case. This could mean that he and the Giants will go through arbitration. He has a projected salary of $6.8 million.