SAN FRANCISCO - Joe Panik spent the first half of the offseason hearing his name in trade rumors. On Friday, his winter became much more enjoyable.
Panik was one of five Giants to sign a one-year deal and avoid arbitration, joining relievers Hunter Strickland, Will Smith, Cory Gearrin and Sam Dyson. Financial details were not immediately available for all the players, but Panik got a raise to $3.45 million according to Beyond the Box Score, and Smith got $2.5 million per USA Today.
Friday's deadline gave the Giants some clarity as they continue to try and fill roster holes after a 98-loss season. Team officials said trade talks slowed in recent days as teams exchanged figures with their arbitration-eligible players. The Giants found the process to be a bit more complicated than in past years, but they now have five projected members of the Opening Day roster locked up and a better idea of exactly how much room they have under the luxury tax. Per a source, the Giants remain about $15 million under the $197 million tax line as they continue to seek one or two new outfielders.