According to the San Francisco Chronicle's John Shea on Twitter, the San Francisco Giants will reportedly not attempt to re-sign either Carlos Beltran or Cody Ross, leaving them both out on the open market without their former team bidding on them.
@JohnSheaHey
John Shea Giants out on Beltran and riss
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(We know what you meant John. )
Shea tweeted this quote from Sabean on the matter:
"Simply put, with Ross, we could never get on the same page. And Beltran, we knew it was going to be a stretch."
Sabean would also mention that re-signing Beltran would have "weakened them in other areas" and that they never got "deep into it" with his camp with negotiations. Both Beltran and Ross should garner some decent action out on the market (obviously Beltran will get more) though it hasn't sparked up just yet. I'd expect both of them to take a little while before they land somewhere else.
For more on the Giants, head over to McCovey Chronicles.