Masterson, the Tribe's opening day starter, earns $3.825MM in 2012 after avoiding arbitration this past offseason. Masterson is controlled through the 2014 season and has pitched to a 4.47 ERA with a 6.9 K/9, 3.8 BB/9 and a 56.4 percent ground-ball rate that is tied for sixth-best in the Majors. Masterson's control has taken a significant downturn this season, as evidenced by the rising walk rate (2.7 BB/9 in 2011) and his AL-worst 11 wild pitches.
Knobler reports that both the Reds and Rangers had scouts present to watch Masterson's start against the Twins in Minneapolis yesterday, though he wasn't particularly impressive. He allowed eight earned runs to the Twins over 5 2/3 innings on seven hits, two walks a and a hit batter.
The Indians are also open to trading Shin-Soo Choo for the right price, and both the Pirates and Reds appear to be interested at the moment. There have been rumors over the past few weeks that they could deal Chris Perez as well, but Knobler calls it "doubtful" that Perez will be traded.