The Padres have acquired Kyle Phillips from the Blue Jays in exchange for a player to be named later, according to Jordan Bastian of MLB.com (via Twitter). The move represents a homecoming for Phillips, who was born in San Diego.
The 26-year-old broke into the major leagues for the first time last year, compiling five hits in 18 late-season plate appearances for Toronto. Over the course of nine minor league seasons with three different organizations, Phillips has a slash line of .265/.333/.381. Though he came through the minors as a catcher, he has spent most of his time this year at third base, hitting .258/.310/.333 in 71 plate appearances for the Jays' Triple-A affiliate in Las Vegas.
Richard Griffin of the Toronto Star points out (via Twitter) that Phillips was stuck behind a slew of players on the Jays' catcher and corner infield depth charts.
Makes sense. Can somebody explain how player to be named later works? What if they offer a long line of players the jays don’t value as highly? Or the jays could hold out forever for a player much better than phillips. Is there a deadline involved for completing the trade?
When setting up a “player to be named later” Teams often postpone the final terms of a trade
1) to better assess what positions their team needs to fill and
2) to better judge the other team’s talent before closing the deal.
When setting up a “player to be named later” transaction, the teams generally agree on a list of five to 10 players from which the final selection will be made. Players to be named are rarely of star caliber.
Two rules govern player-to-be-named-later transactions. The deal must close within six months and the player must change leagues (which is why most players to be named later are minor leaguers).
Maybe that will help…
Teams often postpone the final terms of a trade
1) to better assess what positions their team needs to fill and
2) to better judge the other team’s talent before closing the deal.
When setting up a “player to be named later” transaction, the teams generally agree on a list of five to 10 players from which the final selection will be made. Players to be named are rarely of star caliber.
Two rules govern player-to-be-named-later transactions. The deal must close within six months and the player must change leagues (which is why most players to be named later are minor leaguers).
Maybe that will help…