The A's released Jason Giambi, according to Joel Sherman of the New York Post. Before the season, the A's signed the 38-year-old slugger to a one-year deal with a club option for a second year. It pays Giambi a base salary of $4MM this year and gave the A's the option of a $1.25MM buyout or a $6.5MM salary in 2010.
Giambi hit .193/.332/.364 in 83 games back with the A's. He hit 11 homers and drew 50 walks, but didn't approach last year's production. Giambi's incentives would have kicked in with about 200 more plate appearances, but he's on the DL for now so he's not approaching that mark.