Ryan Dempster will sit out the 2014 season

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Ryan Dempster posted a disappointing 4.57 ERA in 171 1/3 innings last summer for the Red Sox and did not get a postseason start, but he was still expected to open the 2014 campaign in Boston’s rotation.

That is no longer going to happen.

According to FOX Sports’ Ken Rosenthal, the veteran right-hander announced Sunday that he will not pitch this season due to “physical reasons and his desire to spend more time with his kids.”

“I don’t feel like I am capable of performing to the ability and standard that I am accustomed to,” Dempster told Rosenthal. “I feel it’s in the best interest of both the club but most importantly myself to step away from playing baseball at this time. The time is right. I’m not saying retirement but I definitely won’t be playing this season.”

Dempster signed a two-year, $26.5 million free agent contract with the Red Sox last winter. He’ll be placed on the restricted list and won’t get the $13.25 million salary that he stood to earn in 2014. With that savings, the Red Sox front office could get more active on the open market — they’re known to have some interest in re-signing shortstop Stephen Drew.

Boston’s rotation this season will likely be Jon Lester, Clay Buchholz, John Lackey, Jake Peavy, and Felix Doubront. Though it should be noted that Ubaldo Jimenez and Ervin Santana remain unsigned.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.