Rangers left-hander Neal Cotts has been claimed on revocable waivers by an unnamed club, reports Jon Heyman of CBS Sports (on Twitter). Cotts’ waiver period expired yesterday, according to the initial report which revealed that he was on waivers. Because teams have 48.5 hours to work out a trade from the point of a claim, it can be inferred that the Rangers will have until tomorrow afternoon to work out a trade to send Cotts to the claiming team.
The 34-year-old Cotts has been excellent once again this season, continuing a surprising resurgence after what was a three-year absence from the Major Leagues (from 2010-12). After posting a 1.11 ERA in 57 innings for Texas last season, Cotts has turned in a strong 3.48 mark with 9.6 K/9 and 3.3 BB/9 this season. Already at 54 1/3 innings pitched, Cotts is on pace to top last season’s 57 innings handily. He’s set to hit free agency at season’s end, so it makes sense for the Rangers to explore a potential trade to receive some future value before he hits the open market.
A number of contending clubs have been on the lookout for bullpen help of late, including the Dodgers, Tigers, Royals and Pirates (it seems unlikely that Cotts would’ve made it to the NL, however). Cotts is earning $2.2MM in 2014, making him a highly affordable option for the final few weeks of the season. He’s owed roughly $493K through season’s end.