Rangers Acquire Jorge Cantu

After months of rumors and speculation, the Marlins finally traded Jorge Cantu. They sent him to the Rangers for AA righties Evan Reed and Omar Poveda in a deal that became official this evening. The Marlins will pay $600K of the $2.2MM remaining on Cantu's salary.

Cantu, 28, is hitting .259/.308/.408 this season with ten homers. The 28-year-old becomes a free agent after the season and has said he would like to sign with the Marlins. At this point, the club is considering multi-year deals for some of Cantu's former teammates.

Reed, 24, has a 1.76 ERA as a reliever in the upper minors this year. He has posted 7.9 K/9 and 2.9 BB/9 across two levels so far in 2010.

Poveda is now on the disabled list, recovering from Tommy John surgery, but Baseball America ranked him 20th among Rangers prospects entering the season. BA explained then that Poveda "profiles as a back-of-the-rotation starter."

Clark Spencer of the Miami Herald, Ken Rosenthal of FOX Sports and Joel Sherman of the New York Post contributed to the story as it broke.

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