9:13pm: Texas wants a “substantial package” to move Soria, report T.R. Sullivan and Grace Raynor of MLB.com. The asking price is believed to be two or three prospects.
1:51pm: The Rangers are receiving trade interest in a number of their bullpen arms, according to multiple reports. MLB.com’s T.R. Sullivan reports that the team is listening on right-hander Jason Frasor and lefty Neal Cotts, and both have generated some interest. Meanwhile, Ken Rosenthal and Jon Paul Morosi of FOX Sports report that the Angels, Blue Jays and Tigers have been in contact with the Rangers about closer Joakim Soria (Twitter link).
As Sullivan points out, both Frasor and Cotts are free agents at season’s end. While Frasor has scuffled of late, yielding five runs over his past 3 1/3 innings, he still boasts a solid 3.38 ERA with 9.2 K/9, 4.0 BB/9 and a 47 percent ground-ball rate. The 36-year-old is earning a highly affordable $1.75MM this season, meaning that he’s owed about $765K through season’s end.
Cotts, 34, reemerged in the Majors last season after an absence of four years and put his injury woes behind him with an electric 1.11 ERA in 57 innings for Texas. He’s taken a step back in 2014 but has a solid 3.55 ERA with 45 strikeouts against 15 walks in 38 innings. However, after dominating opposing lefties in 2013, he’s surrendered a .281/.328/.456 batting line against same-handed hitters in 2014. It shouldn’t come as a total shock, as Cotts does have a reverse-platoon split for his career, but certainly not one this pronounced. Cotts is earning $2.2MM this season, meaning he has roughly $962K remaining on his deal.
As for Soria, the Tigers and Angels come as no surprise, as both have dealt with significant bullpen issues in 2014. However, the Blue Jays are a bit of a surprise club to see listed here. In another series of tweets, Rosenthal adds that while the club does like Soria, the team is also toying with the idea of promoting top prospect Aaron Sanchez to work out of the bullpen this season. Fellow top prospect Daniel Norris could even join him eventually, Rosenthal adds, making for a situation that would resemble the dynamic pairing of Trevor Rosenthal and Carlos Martinez with the Cardinals last year.
Soria is in the midst of one of perhaps his finest season. In his second year back from Tommy John, the 30-year-old has a 2.76 ERA with a whopping 12.3 K/9 and a minuscule 1.2 BB/9 in 29 1/3 innings. Sabermetric ERA estimators such as FIP (0.80), xFIP (1.93) and SIERA (1.58) all feel that he’s doing the best work of his career. Though he has a higher salary at $5.5MM, Soria unquestionably will come with the highest asking price in a trade. He has an affordable $7MM club option on his contract for 2015, and the Rangers do have eyes on contending next season, when they hope to have better luck on the injury front.