4:00pm: Sanchez has a July 1 opt-out date if he's not on the Major League roster, according to Chris Cotillo of CLNS Radio (on Twitter). Mark Saxon of ESPN Los Angeles confirms the report (Twitter link).

2:17pm: The Dodgers will sign Jonathan Sanchez to a minor league deal, according to Pedro Gomez of ESPN (on Twitter). The contract is pending a physical, and Sanchez is likely to report to Triple-A Albquerque. Sanchez is represented by the McNamara Baseball Group.

The 30-year-old Sanchez began the year with the Pirates, but his Pittsburgh tenure didn't last long. He was designated for assignment and subsequently released following a six-game suspension for throwing at Cardinals first baseman Allen Craig. He posted a ghastly 11.85 ERA in his five appearances with the Buccos.

Sanchez was a staple in the Giants rotation from 2009-11 when he totaled 458 innings of 3.75 ERA ball and averaged 9.5 strikeouts per nine innings. He's always struggled with his command, and it's really gotten away from him since the beginning of last season. In his past 78 1/3 innings, Sanchez has walked 69 batters and fanned 68. His ERA in that time is a sky-high 8.73.