Ankiel, 31, missed over two months with a quad strain this year, but will bring a much-needed .261/.317/.467 batting line to Atlanta's outfield. He is still owed just over $1MM for the remainder of the season, and there's a $6MM mutual option for his services next year that could instead be bought out for $500K.
The 34-year-old Farnsworth is back for a second stint with the Braves, and has pitched to a 2.42 ERA with 7.3 K/9 and 2.4 BB/9 in 44.2 innings this year. He is owed $1.64MM through the end of the season, and Atlanta could buy out his $5.25MM option for next season for $500K.
Chavez, 26, was acquired in the Rafael Soriano trade during the offseason. He had not performed as expected, with a 5.89 ERA and 7.1 K/9 in 36.2 innings this year. Blanco, 26, is a career .252/.361/.309 hitter in 633 big league plate appearances with experience in all three outfield spots. Both he and Chavez are under team control for another four seasons.
Collins, 20, was acquired in the Yunel Escobar-Alex Gonzalez trade earlier this month. He has struck out 15.4 Double-A batters per nine innings this year, and boasts a 2.35 ERA in his minor league career.
Mike Axisa contributed to this post.