Red Sox Notes: Rodriguez, Papelbon, Peavy, Ranaudo

With yesterday's unfortunate news on reliever Andrew Bailey and extension talks surrounding second bagger Dustin Pedroia, things are getting interesting in Boston as the trade deadline nears. Here's the latest:

• Brewers reliever Francisco Rodriguez could make sense for the Red Sox, ESPN's Buster Olney opines on Twitter. When MLBTR's Tim Dierkes first listed preliminary relief trade candidates earlier in the year, Rodriguez had yet to appear for the Brewers after signing in mid-April. More recently, however, MLBTR's Steve Adams noted and explored Rodriguez's emergence on the trade market for righty pen pieces.
• If he is even made available by the Phillies, former Red Sox closer Jonathan Papelbon shouldn't be considered by Boston, according to Bill Chuck of BaseballAnalytics.org. As Chuck explains, Papelbon's ERA and WHIP are masking significant declines in the velocity and effectiveness of Papelbon's fastball, making his $13MM annual salary over 2014-15 an unwise investment.
• Boston is sending a scout to the White Sox game today, presumably to take a look at starter Jake Peavy, Olney reports via Twitter. As noted earlier today, Peavy will make his first outing since going on the DL this afternoon in an inter-league matchup against the Braves.
• If the Sox do look to make a big splash on the trade market, pitcing prospect Anthony Ranaudo is one piece that it could consider moving, write WEEI.com's Alex Speier and Katie Morrison. While Ranaudo's value was down after being shut down last year, he has been overpowering (if inconsistent) at times this year in Double-A. The 23-year-old sports a 2.87 ERA with 9.1 K/9 and 3.2 BB/9. Given the organization's upper-level minor league starting pitching depth, say Speier and Morrison, Ranaudo is a candidate to be dealt.
• Looking at the overall pitching needs of the Red Sox in light of the loss of Bailey and uncertainty surrounding injured starter Clay Buchholz, Speier says (in another piece) that the team's recent trade history shows that it is unlikely to act rashly. Of course, as Speier's breakdown shows, the failure to shore up the roster has left the team shorthanded at times over the post-season push.
• Indeed, while the Red Sox may feel pressure to go out and find a replacement for Bailey, the team's management and ownership appear to be in unison in not wanting to mortgage the future to do so, writes Sean McAdam of CSNNE.com. While McAdam notes that the organization could feel pressure to make a post-season drive at all costs, he quotes a source as saying that ownership "trust[s]" and is "on the same page" with the baseball operations team. GM Ben Cherington said that he is determined to attack this season's trade deadline "in a way that makes us better but doesn't alter our long-term course."