Matt Diaz is returning to the Braves, as the Pirates announced they've traded him to Atlanta for a player to be named later or cash considerations. Diaz fits the Braves' desire to add a right-handed hitting bench bat, and of course they had him in the organization from 2006-10 before non-tendering him last winter.
Diaz, 33, is hitting .259/.303/.324 in 231 plate appearances for the Pirates this year while playing mostly right field. He was signed to a two-year, $4.25MM deal in December, but hasn't shown the expected power production against left-handed pitchers. David O'Brien of the Atlanta Journal-Constitution notes on Twitter that the Pirates are sending some cash to the Braves to offset Diaz's $2MM salary for 2012. The Braves might not be done dealing, hears ESPN's Buster Olney (Twitter link).
ESPN's Buster Olney first reported the trade. Photo courtesy of Icon SMI.