The Diamondbacks acquired second baseman Aaron Hill and shortstop John McDonald from the Blue Jays for Kelly Johnson, tweets John Gambadoro Sports 620 KTAR. Both teams confirmed the trade in a press release.
Johnson, a favorite of Jays GM Alex Anthopoulos, has slumped to .209/.287/.412 in 481 plate appearances this year. He has $1.16MM remaining on his contract and projects as a high Type B in the National League. He's probably still at least a B in the AL, which has to be Toronto's motivation in acquiring the impending free agent.
Hill, 29, has been worse than Johnson at .225/.270/.313 in 429 plate appearances. His $8MM club option is expected to be declined after the season, at which point he'd be a Type B free agent. I'm not sure what Anthopoulos gets out of the swap. Maybe he thinks Johnson will be a Type A and will decline arbitration, or maybe he's just more inclined to offer arbitration to Johnson than Hill. Or, maybe he hopes to extend Johnson cheaply. Hill has about $990K remaining on his contract. McDonald, a defensive whiz, has about $300K remaining, so the money is pretty close.
From Arizona's point of view, McDonald can pitch in at shortstop with Willie Bloomquist, since Stephen Drew is out for the season. As for liking Hill over Johnson, perhaps GM Kevin Towers feels a change of scenery will help, or he prefers Hill's defense.