Rangers Acquire Pudge From Astros

9:55pm: According to T.R. Sullivan of MLB.com, the Astros will receive a third player in the deal if the Rangers make the playoffs. Sullivan confirms that Vallejo is believed to be the second player and must clear trade waivers.

8:15pm: Jason Grodsky of MLB.com is reporting that the Astros are receiving two players to be named along with Nevarez.

4:07pm: MLB.com's Brian McTaggart reports that the Astros will acquire infielder Jose Vallejo along with Matt Nevarez. Both players are 22.

2:10pm: Pat Lackey of AOL FanHouse hears that minor league reliever Matt Nevarez will head to the Astros along with another player.

1:22pm: Jeff Wilson of the Dallas Morning News reports that the Rangers are responsible for a pro-rated portion of Pudge's $1.5MM contract, which includes $1.5MM in incentives.

1:16pm: Jon Heyman of SI.com hears that the Rangers are giving up two mid-level prospects to acquire Rodriguez.

12:47pm: MLB.com's Noah Coslov reports that the Rangers acquired Pudge for a player to be named later.

12:18pm: The Rangers are close to re-acquiring Ivan Rodriguez, according to MLB.com's T.R. Sullivan. Sullivan says the Astros would obtain two mid-tier prospects for Rodriguez, who starred with the Rangers from 1991-2002. The Rangers have told Rodriguez that he will back Taylor Teagarden up and Pudge understands the arrangement,

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