White Sox Acquire Alex Rios

According to the New York Times' Tyler Kepner (via Twitter), the White Sox have acquired Alex Rios from the Blue Jays. It's a straight waiver claim, so the Blue Jays will receive nothing in return. Says Jays GM J.P. Ricciardi:

"This allows us to get out from under a contract and do more to address our club."

Check out Ken Fidlin's article from the Toronto Sun for more Ricciardi quotes on the move.

The 28-year-old Rios is due roughly $60MM more on the seven-year contract he signed last April, which will take him through the 2014 season with a club option for 2015. Rios is hitting .264/.317/.424 in 479 plate appearances for the Jays this season. With the Jake Peavy acquisition already in the books, that means White Sox owner Jerry Reinsdorf has taken on more than $100MM in future contracts for the Sox.

To lose Rios' fat contract is a major relief for the re-building Blue Jays, while the Sox add a relatively stable long-term piece to their outfield. This could also potentially spell the end for Jermaine Dye as a member of the Sox, as he has a mutual option after this season and it's not clear how he'd fit into the picture.  If he is retained, Rios could potentially play center field.