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Rockies Acquire Jose Contreras

Joe Cowley of The Chicago Sun Times reports that the White Sox have traded Jose Contreras to the Rockies. Mark Gonzales of The Chicago Tribune says the ChiSox are also sending cash to Colorado, and will receive righthander Brandon Hynick in return.

Contreras has put up a 5.42 ERA in 21 starts for Chicago this year, but has been particularly dreadful in August, allowing 30 runs in 24.2 IP covering six starts. He is in the final year of the three-year, $29MM extension he signed in 2006. Assuming the deal was completed before midnight ET on August 31st, Contreras is eligible for the Rockies' postseason roster.

Hynick, 24, was the Rockies 8th round pick in the 2006 draft, and has put up a 3.83 ERA in 26 starts for Colorado's Triple-A affiliate this year. He threw a perfect game earlier in July, and was rated the 22nd best prospect in the Rockies' system earlier this year by Baseball America.

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