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01/20/11 1:40 PM EST

Giants knock Lopez off arbitration-eligible list

Torres only remaining one, as reliever signs one-year deal

SAN FRANCISCO -- The Giants continued to trim their formerly long list of salary arbitration-eligible players Thursday by agreeing to a one-year deal with left-hander Javier Lopez.

Of the eight Giants who were eligible for arbitration as the offseason began, only outfielder Andres Torres' situation remains unresolved. Giants vice president of baseball operations Bobby Evans expressed optimism earlier this week about being able to sign Torres, who filed a $2.6 million proposal on a one-year contract Tuesday. The Giants' bid was $1.8 million.

An industry source said that Lopez will receive a salary close to the midpoint of the proposals he and the Giants exchanged. Lopez filed for $2.875 million; the Giants countered with $2 million. The midpoint between the figures is $2,437,500, up from the $775,000 Lopez earned in 2010.

Lopez finished 4-2 with a 2.34 ERA in 77 appearances last year for Pittsburgh and San Francisco. Lopez held left-handed batters to a .162 batting average (16-for-99) overall, including .111 (5-for-45) after joining the Giants, who obtained him on July 31 shortly before the non-waiver Trade Deadline. In the postseason, left-handed batters went 1-for-13 with six strikeouts against Lopez.

Other arbitration-eligible Giants who have signed are outfielder Cody Ross ($6.3 million), left-hander Jonathan Sanchez ($3.7 million), right-hander Ramon Ramirez ($1.65 million), right-hander Santiago Casilla ($1.3 million) and infielder Mike Fontenot ($1.05 million). Right-hander Chris Ray, also arbitration-eligible, was not tendered a contract.

Chris Haft is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.