Ted Lilly

Ted Lilly

UPDATE: Giants unable to reach deal with Ted Lilly

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UPDATE, 6:25 p.m. ET: Chris Cotillo of MLB Daily Dish says the deal has been called off because the two sides could not come to an agreement on a designated callup date. Lilly remains a free agent.

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3:45 p.m. ET: Andrew Baggarly of CSNBayArea.com reports that the Giants are nearing a minor-league contract with Ted Lilly, who was released by the Dodgers over the weekend.

Los Angeles is paying the remainder of his $12 million salary for this season, so it would be a low-cost flier for San Francisco and the 37-year-old Lilly is expected to pitch at Triple-A if/when the deal is finalized.

Lilly hasn’t been healthy since 2011, but with the Giants currently choosing between Barry Zito and Ryan Vogelsong for the final spot in their rotation Lilly could certainly get a look down the stretch.

Dodgers officially release Ted Lilly

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Dylan Hernandez of the Los Angeles Times reports that the Dodgers have officially released left-hander Ted Lilly, who was designated for assignment on July 25 and passed through waivers unclaimed.

Lilly posted a 5.09 ERA and 1.61 WHIP in 23 innings (five starts) this season for Los Angeles, striking out 18 batters but issuing 10 walks. He’s been bothered most of the summer by chronic neck discomfort.

The 37-year-old southpaw is now a free agent and can sign with any team for the major league minimum. He is healthy at the moment and figures to draw interest given the lack of financial commitment required. The Dodgers still owe him whatever remains on his $13 million salary for 2013.

Dodgers designate left-hander Ted Lilly for assignment

Ted Lilly
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The Dodgers announced this evening that they have designated left-hander Ted Lilly for assignment in order to clear a spot for utility player Elian Herrera on the active roster.

Lilly was just activated from the disabled list yesterday after missing the most of the past two months with a chronic neck condition. However, Dodgers manager Don Mattingly told Pedro Moura of the Orange County Register that they ultimately didn’t see him as a fit out of the bullpen.

Lilly, who was originally drafted by the Dodgers in 1996, returned to the organization via trade from the Cubs in July of 2010 and was eventually retained on a three-year, $33 million contract. While he had a 3.97 ERA in 33 starts with the Dodgers in 2011, he has been limited to just 13 starts over the past two seasons. The 37-year-old is a near-lock to pass through waivers unclaimed, as no team will want to take on his salary, but he should draw interest once he can sign elsewhere for the major league minimum.