Ray (hamstring) will not opt out of the final two years of his contract with the Giants, Jeff Passan of ESPN.com reports.
Ray (hamstring) threw another bullpen session Saturday and remains hopeful to return from the 15-day injured list to make one start before the end of the season, MLB.com reports.
Ray (hamstring) is scheduled to throw 50-to-60 pitches in a bullpen session Wednesday, Shayna Rubin of the San Francisco Chronicle reports.
Ray (hamstring) is expected to throw a three-inning simulated game Saturday, MLB.com reports.
The Giants placed Ray on the 15-day injured list Tuesday with a left hamstring strain, Alex Pavlovic of NBC Sports Bay Area reports.
Ray (undisclosed) exited Sunday's contest against the Mariners due to left hamstring tightness, Maria I. Guardado of MLB.com reports.
Ray (undisclosed) was forced to exit Sunday's contest in the fourth inning with an apparent injury, Daniel Kramer of MLB.com reports.
Ray (3-2) got the win over the White Sox on Tuesday, allowing one run on three hits while striking out nine over 6.2 innings.
Ray (2-2) took the loss against Atlanta on Wednesday, allowing five runs on one hit and three walks over two-thirds of an inning while striking out two. He also beaned two batters.
Ray (2-1) picked up the win Sunday against the Reds, allowing two earned runs on three hits and one walk while striking out nine in five innings.