Joe Nathan has been a member of the Twins’ bullpen since Minnesota traded for him late in 2003, but he’d consider moving on under the right circumstances. He told Phil Mackey of 1500 ESPN Twin Cities that he’d look at possible deals on a case by case basis.
"It's something I would consider," Nathan said, explaining that he’s intrigued by the possibility of pitching in a playoff race. "It's not something I would rule out."
Nathan, 36, has ten and five rights, so he can block any trade. He has a 4.79 ERA with 7.8 K/9 and 3.0 BB/9 in 35 2/3 innings since returning from 2010 Tommy John surgery. The four-time All-Star earns $11.25MM this year and the Twins have a $12.5MM option for his services in 2012 ($2MM buyout).
Given that over $4MM remains on Nathan's contract including the buyout, it seems likely that he would clear waivers if he hasn't already. He doesn't currently project as a ranked free agent, so draft pick compensation doesn't figure to be a factor for the Twins.