The Angels announced that they obtained catcher Chris Iannetta from the Rockies for starting pitcher Tyler Chatwood. In a related move, the Rockies are close to signing Ramon Hernandez to a two-year, $6.5MM contract.
The trade provides the Angels with additional offense behind the plate and rounds out the team's offense with the kind of high-OBP hitter Dipoto expressed interest in earlier in the offseason. Iannetta posted a .238/.370/.414 line in 2011 and given his career line of .235/.357/.430 the Angels are likely expecting similar production in 2012.
Non-tender candidate Jeff Mathis is probably expendable now, whether that means the Angels trade him before the December deadline to tender arbitration eligible players contracts or cut him loose.
Chatwood, 21, posted a 4.75 ERA with 4.7 K/9, 4.5 BB/9 and a 47% ground ball rate in 142 innings as a rookie for the Angels this past season. The 2008 second round pick entered the season as the 76th ranked prospect in MLB, according to Baseball America. He has a 3.40 ERA with 7.6 K/9 and 4.9 BB/9 in parts of four minor league seasons.
The deal is Dipoto's first since being named the Angels' GM about a month ago. It's worth noting that he made the move with Dan O'Dowd, who was Dipoto's GM at the end of his playing career in Colorado. Dipoto made other significant trades as Arizona's interim GM in the summer of 2010.