Pagan has dealt with numerous issues in both knees all season, but said his left knee is "fine" and it's the right one that has been giving him issues of late. Pagan has gutted it out thus far, sitting a game or two every week or so, but admitted it was time to shut it down.
"I think I could benefit from a little time off," said Pagan, who was hitting .258 with 26 RBIs in 102 games.
Pagan's lack of mobility has been evident in the field, and his inability to generate power has led to a homerless streak of 172 games, dating back to May 2, 2014.
"If you don't have your legs, the only thing you have is your hands," Pagan said. "You lose a lot of your power, but you can still get your base hits. ... I'm not able to hit homers because I have no legs."
Perez, who appeared in 61 games for the Giants in 2014, joins San Francisco for the first time this season. The 28-year-old was hitting .265 with seven home runs and 37 RBIs in 83 games for the River Cats in 2015.