12:52pm: The Giants have now announced the move, adding that Tim Hudson has been placed on the 15-day disabled list, with Jake Peavy being activated to fill his roster spot.
12:42pm: The Giants will announce today that they have designated first baseman/outfielder Travis Ishikawa for assignment and selected the contract of outfielder Ryan Lollis, a source tells Andrew Baggarly of the San Jose Mercury News (Twitter link).
The 31-year-old Ishikawa was only recently brought up from Triple-A. He’s 0-for-5 with a walk in six plate appearances this season but has played a much more prominent role with the Giants in previous years. Last year, he batted .274/.333/.397 in 81 plate appearances with the Giants down the stretch and hit quite well for the team in the NLCS.
Originally a 21st-round pick of the Giants in 2002, Ishikawa bounced around the league a bit after parting ways with the team in 2010, only to return to the organization last season. The Giants elected to keep him around via the arbitration process, signing him to a one-year, $1.1MM contract, although he’s spent much of the season at Triple-A Sacramento. In parts of six seasons with the Giants, Ishikawa is a .264/.327/.396 hitter in 752 plate appearances.
The 28-year-old Lollis will be making his big league debut when he comes to the Giants. A 37th-round pick of the team back in 2009, he’s batting a hefty .358/.431/.500 across three minor league levels this season.