12:39 p.m. ET: San Francisco is still trying to trade Andres Torres, but ESPN's Buster Olney reports that other teams don't expect the Giants to tender him a contract if those efforts don't succeed.
12:36 p.m. ET: The San Francisco Giants are trying to shed some of their payroll this winter, and that has them looking to deal infielder Jeff Keppinger, outfielder Andres Torres and reliever Ramon Ramirez, according to Danny Knobler of CBS Sports. There were previous rumors that the team would try to deal lefty reliever Jeremy Affeldt, too, but Knobler says that the Giants plan to keep him around.
At this point, the three players they're trying to trade don't have obvious places on the team. The Giants have Freddy Sanchez at second base and don't appear to be willing to use Keppinger regularly at shortstop. Torres saw his value to the team drop significantly when they acquired Melky Cabrera to replace him as the team's primary center fielder. And while Ramirez is coming off a very strong year, the Giants have depth in an already expensive bullpen and probably don't want to throw that much change at guys that aren't pitching more than a few innings in each game.