J.D. Davis released by San Francisco Giants after beating team in arbitration

Third baseman J.D. Davis was released by the San Francisco Giants on Monday after beating the team last month in salary arbitration and will get just over $1.1 million in termination pay rather than a $6.9 million salary. Davis was awarded the salary by a three-person panel rather than the team's $6.55 million offer. Under baseball's collective bargaining agreement, negotiated contracts for arbitration-eligible players are guaranteed, while salaries decided by an arbitration panel are not.