6:51pm: Colorado and St. Louis seem to be on the verge of a major trade centering on star Colorado third baseman Nolan Arenado, but it’s not yet clear whether the deal will go through as early as Monday night. The swap still hasn’t been submitted for approval to the union and the league office, according to USA Today’s Bob Nightengale, who adds that “it will take at least another day, if not longer” to become official. On the other hand, though, Patrick Saunders of the Denver Post tweets that all parties could sign off on it sometime tonight.
Regardless of whether this trade takes place Monday, it does appear it’s going to happen. According to Jim Bowden of The Athletic, the Rockies and Cardinals had “intense moments” during negotiations this past weekend, but the blockbuster is still likely to go through by Tuesday. Furthermore, Derrick Goold of the St. Louis Post-Dispatch notes that the Cardinals are optimistic the transaction will occur.
Because of the complicated financial hoops the teams have to jump through to complete this trade (Colorado is set to absorb $50MM of Arenado’s remaining money, some of which will be in deferrals), it remains unclear whom the Rockies will receive in return for the longtime face of their franchise. But Arenado – who has a no-trade clause – seems eager to head to St. Louis, as he has given his written consent for a trade to the Cardinals, Tim Brown of Yahoo Sports reports. Arenado is in line to receive an extra year and another $15MM tacked on to the six seasons and $199MM on his Colorado contract if the Cards do acquire him.