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Giants Acquire Guillermo Moscoso

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The Giants acquired pitcher Guillermo Moscoso from the Cubs in exchange for cash or a player to be named, Henry Schulman of the San Francisco Chronicle reports. Moscoso was pitching for Triple-A Iowa with the Cubs, but he will report to the Giants' big-league team and will be activated Saturday.

Moscoso had a 3.93 ERA with 9.0 K/9 and 4.5 BB/9 with Iowa. He has pitched parts of four big-league seasons, appearing with the Rangers, Athletics and Rockies. Schulman indicates that the Giants have acquired Moscoso to add another starting pitching option. Moscoso started 21 games for the A's in 2011.

NL Central Links: Soriano, Lohse, Gallardo, Grilli

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The Cubs continued their trajectory as baseball's most active team on the trade front this morning when they officially traded Alfonso Soriano and $17.7MM to the Yankees in exchange for right-hander Corey Black. The deal saves the Cubs roughly $6.8MM and brings a power arm that was selected in the fourth round of last year's draft into their system. Here's more on Soriano and the rest of the NL Central…

  • Soriano told Gordon Wittenymyer of the Chicago Sun-Times that he believes another team would've beaten the eight-year, $136MM contract he signed with the Cubs back in 2006. At least one team told Soriano's agent to give them a chance to beat any offer, but Soriano decided that he wanted the opportunity to join the storied history of the Cubs and bring a championship to Chicago.
  • While Brewers GM Doug Melvin recently turned away an inquiry on Kyle Lohse, another Brewers-connected person implied to Jon Heyman of CBS Sports that Lohse could be had for the right package of prospects.
  • Within that same piece, one GM provided a long list of reasons that Yovani Gallardo isn't drawing interest. Gallardo's velocity is down, he's owed $15MM through 2014 and he also comes with off-the-field baggage in the form of a DUI arrest earlier this season.
  • The Pirates announced today that Jason Grilli has a flexor strain in his right arm. He is not a candidate for surgery, which is good news for the Bucs, but he will still miss four to eight weeks. Jon Paul Morosi of FOX Sports tweets that the Pirates become more active in the bullpen trade market.
  • Reds general manager Walt Jocketty told MLB.com's Mark Sheldon that he has had a lot of conversations but nothing substantial. The Reds would like to add a right-handed bat but feel they can wait until Ryan Ludwick returns from the disabled list. They have a similar stance on waiting for Johnny Cueto, Sean Marshall and Jonathan Broxton.

Sherman’s Latest: Norris, Nationals, Stanton, Cubs

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Earlier today, Joel Sherman of the New York Post was the first to report that Corey Black would he headed from the Yankees to the Cubs in this morning's Alfonso Soriano trade. Here's more from Sherman (all Twitter links) on a plethora of topics as the trade deadline continues to draw nearer…

  • The Braves were already interested in Bud Norris prior to Tim Hudson's season-ending injury, and that loss has only intensified their pursuit, Sherman reports. Yesterday, Jon Paul Morosi of FOX Sports reported that the Braves were in active pursuit of Norris.
  • The Nationals are focusing their efforts on starting pitching with Taylor Jordan on an innings limit and concerns surrounding Ross Detwiler's injuries, according to Sherman.
  • Sherman tweets that the Rangers and Pirates regularly check in with the Marlins in regard to Giancarlo Stanton but are turned away each time. The decision comes straight from ownership, as Jeffrey Loria does not want to see Stanton traded.
  • The Cubs' plan this summer was to jump the starting pitching market early, before Jake Peavy and Ervin Santana were ready to be traded. Following their early trades of Scott Feldman and Matt Garza, the focus shifted to moving as much of Alfonso Soriano's contract as possible. With those goals accomplished, the Cubs will move bullpen pieces and are "definitely" listening to offers for right fielder Nate Schierholtz, Sherman reports.

Yankees Acquire Alfonso Soriano

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Alfonso Soriano is heading back to the same team with which he began his Major League career. After stops in Texas and Washington and an extended stay in Chicago, Soriano has come full circle by officially waiving his no-trade rights to approve a trade to the Yankees. Soriano The Cubs will receive minor league right-hander Corey Black in the trade, which was approved by Major League Baseball this morning and later officially announced by the Yankees.

Soriano is in the seventh season of an eight-year, $136MM contract that he signed with the Cubs in November 2006. He has roughly $6.5MM remaining on this season's $18MM salary and will earn $18MM once again in 2014. The Yankees will pay just $6.8MM of the remaining money on that contract — $1.8MM in 2013 and $5MM in 2014.

Black, 21, ranked as the Yankees' No. 25 prospect prior to the season, according to Baseball America. BA wrote that Black's fastball has touched 100 mph and sits comfortably at 95 mph. His plus athleticism allows him to repeat his release point, according to BA, and he also features an average changeup and improved slider to go along with a fringe curveball. The Yankees were developing him as a starter, though Joel Sherman of the New York Post tweeted earlier today that the Cubs view Black as a power reliever in the future. In 82 2/3 innings at High-A Tampa this season, the 2012 fourth-round pick has a 4.25 ERA with 9.6 K/9 and 4.9 BB/9.

Reports that a trade was on the horizon first surfaced yesterday after Soriano was pulled from the Cubs' lineup. Manager Dale Sveum confirmed to reporters shortly after that a trade sending the longtime Cub to New York was "99 percent" complete.

The Yankees have been in the market for upgrades to their offense for quite some time, and while Soriano's OBP leaves something to be desired, he certainly still has power. Perhaps more important is the fact that he is of particular benefit against left-handed pitching. Soriano is hitting lefties at a .273/.310/.496 clip thus far in 2013, which will be a significant boost to a Yankees club that has batted just .234/.306/.338 against opposing southpaws.

The Cubs have been far and away the most active seller in baseball at this point, having traded Scott Feldman, Scott Hairston and Matt Garza prior to this deal. They're expected to continue their aggressive sale through the trade deadline next Wednesday.

Paul Sullivan of the Chicago Tribune was the first to report (via Twitter) that Soriano had been pulled from the lineup and a trade was on the verge. USA Today's Bob Nightengale first reported that the deal was finished, pending MLB approval, and the Cubs would receive a Class-A pitcher. ESPN's Buster Olney broke the news regarding the exchange of cash (on Twitter), and Jim Bowden of ESPN and MLB Network Radio first reported that MLB had approved the deal (Twitter link). Joel Sherman of the New York Post was the first to report that Black was the prospect Chicago would receive for Soriano (via Twitter).

Photo courtesy of USA Today Sports Images.

Yankees Close To Acquiring Alfonso Soriano

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11:55pm: Soriano is taking a red-eye flight to New York, tweets Sullivan, though no deal has been announced yet.

8:58pm: Major League Baseball still needs to process the paperwork and the exchange of cash in the deal, tweets Carrie Muskat of MLB.com. Jon Heyman of CBS Sports reports that the deal isn't likely to happen tonight, as it's still pending Bud Selig's approval. The Cubs, according to Heyman, will pay more than half of the remaining money on Soriano's contract (Twitter links).

8:05pm: USA Today's Bob Nightengale tweets that the two sides have agreed on which pitching prospect will be going to the Cubs, and a deal has nearly been finalized.

6:56pm: ESPN's Buster Olney reports that the Cubs are likely to receive a lower-tier pitching prospect for Soriano and that they will eat the majority of the money remaining on Soriano's contract. The two sides are waiting for the formal waiving of Soriano's no-trade clause (Twitter links).

6:33pm: Alfonso Soriano has been scratched from the Cubs' lineup tonight because he is close to being traded to the Yankees, Cubs manager Dale Sveum confirmed to Paul Sullivan of the Chicago Tribune (Twitter link). Sullivan adds that Sveum referred to the trade as "99 percent done."

Reports of a Soriano deal between the Yankees and Cubs first surfaced earlier this week, but general manager Jed Hoyer shot them down, calling them "premature." This time, however, Cubs president Theo Epstein has told Sveum that a deal is nearly complete, as noted by MLB.com's Carrie Muskat (on Twitter). Soriano, who can refuse any trade due to a full no-trade clause (he's also a 10-and-5 player at this point), confirmed yesterday that he would be open to joining the Yankees.

Soriano, 37, would be joining the team with which he broke into the Major Leagues back in 1999. The Dominican native played with the Bombers from 1999-2003 before being traded to the Rangers along with Joaquin Arias for Alex Rodriguez. In 383 plate appearances for the Cubs this season, Soriano is batting .254/.287/.467 with 17 home runs.

NL Central Links: Braun, Gallardo, Soriano, Cards

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Ryan Braun has yet to address the public regarding his 65-game suspension for his involvement with Tony Bosch's Biogenesis clinic, but he issued a statement through the Brewers' PR department today explaining that he is not legally able to speak on the topic while MLB's investigation still ongoing (Tom Haudricourt of the Milwaukee Journal-Sentinel reporting). Braun says he will speak when he is legally allowed to do so. Here's more on the NL Central…

Schierholtz, Rios Top Pirates’ Wish List

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9:28am: White Sox executive vice president Kenny Williams "has been spotted in Altoona," home of the Pirates' Double-A club, notes Mark Gonzales of the Chicago Tribune.

6:58am: Chicago right fielders Nate Schierholtz and Alex Rios top the Pirates' wish list, writes Bruce Levine of ESPNChicago.  The Bucs "have been watching Schierholtz for more than a month," notes Levine.

Right field is an obvious need for the 60-39 Pirates, who have been using Travis Snider, Jose Tabata, and Garrett Jones there and have gotten an aggregate .228/.291/.360 line.  Schierholtz, 29, signed a one-year, $2.25MM deal with the Cubs in December after being non-tendered by the Phillies.  At .277/.334/.521 with a career-high five RBIs last night, he's having an excellent campaign.  Arbitration eligibility for 2014 is a big plus, though for some GMs Schierholtz has yet to shake the reputation of a platoon bat given his continued lack of playing time and struggles against left-handed pitching.

Levine quotes Cubs president Theo Epstein saying, "I think it is fair to say we have some players who can help other clubs.  That would especially be true for players who are not under contract control next season."   As you might expect, that's an indication that the team is more inclined to move its impending free agents, such as closer Kevin Gregg, as opposed to someone like Schierholtz.

The Pirates' interest in Rios has been previously noted.  He's on the radar of the Rangers, Royals, and Red Sox as well.

Rangers Targeting Rios, Pence, Morales

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11:10pm: The Rangers are not currently pursuing De Aza, Morosi tweets.

7:17pm: The Rangers have also set their sights on Giants right fielder Hunter Pence, and Mariners designated hitter Kendrys Morales to fill a need for a right-handed bat, baseball sources tell Jeff Wilson of the Star-Telegram.  Unlike Rios, Pence and Morales are only signed through the remainder of this season.  It's also worth noting that while the White Sox are sure to be sellers, that's not the case with San Francisco or Seattle.

4:01pm: Jon Paul Morosi of FOX Sports tweets that the Rangers are also interested in Alejandro De Aza. The 29-year-old De Aza is hitting .275/.332/.437 with 12 homers and 11 steals. He is controlled through the 2015 season and will be arbitration-eligible for the second time this offseason after earning $2.08MM in 2013.

3:54pm: Not content to solely add Matt Garza to their roster, the Rangers are now in active discussions with the White Sox regarding Alex Rios, according to MLB.com's T.R. Sullivan.

Since the Garza trade, reports have indicated that the Rangers are in the market to add another hitter (Todd Wills of ESPNDallas.com reporting). Rios is of particular interest to the Rangers because of their fear that Nelson Cruz could receive a suspension similar to the one Ryan Braun received on Monday. Rios would also provide GM Jon Daniels with a solution to right field in 2014, should Cruz sign elsewhere as a free agent.

Rios, 32, is batting .278/.333/.442 with 12 homers and 21 stolen bases on the season to go along with solid defense in right field. He's capable of playing center in a pinch (he hasn't played there regularly since 2011) and is earning $12.5MM in both 2013 and 2014. His contract also contains a club option for $13.5MM with a $1MM buyout. He's also drawn interest from the Red Sox and the Pirates, among other teams.

Quick Hits: Hudson, Axford, DeJesus, Downs

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It's time for MLB to push the trade deadline from July 31st to a later date, opines Dave Cameron of Fangraphs.  Cameron argues that with an expanded postseason, many teams are still holding out hope around this time of year that they are still in it and therefore they aren't selling.  A new deadline would certainly take some getting used to, but the date has shifted over time.  As you ponder Cameron's suggestion, here are some links from around the league…

  • Braves pitcher Tim Hudson fractured his ankle against the Mets tonight as he was covering first base and the club announced that he will need to undergo season-ending ankle surgery.  Before Hudson's injury, Danny Knobler of CBSSports.com noted that Atlanta had some interest in acquiring another starter.
  • The Brewers have shipped off Francisco Rodriguez, but Danny Knobler of CBS Sports tweets that plenty of teams are still interested in their remaining bullpen arms such as John Axford and Mike Gonzalez. The Dodgers are among the interested parties, according to Knobler.
  • Cubs outfielder David DeJesus is returning just in time to be showcased for the deadline, but club president Theo Epstein doesn't think he's going anywhere, writes Paul Sullivan of the Chicago Tribune.  However, he won't make any guarantees.  "Does that make him untouchable?" Epstein said. "No, no one is untouchable, but we'll sit and weigh out the options as to what's best for the Cubs. Just because you may listen on somebody doesn’t mean you don’t appreciate everything he brings to the organization."
  • Peter Gammons of the MLB Network reports that the Angels are receiving calls on lefty Scott Downs, who is a free agent at season's end (Twitter link). A deal is unlikely to happen, however, Gammons adds.
  • One league executive told Jayson Stark of ESPN.com (via Twitter) that he has "no doubt" that the Phillies are buyers after talking to them.

Steve Adams contributed to this post.

Knobler On Rios, Royals, Braves, Rangers

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Here’s a look at the latest trade rumblings from Danny Knobler of CBSSports.com..

  • We know that the Rangers have interest in Alex Rios, but the Royals also like the White Sox outfielder, Knobler writes.  The Royals have been talked about more as sellers and we know that they’re willing to discuss Ervin Santana, but KC has also been looking to add under-control players who could fill their needs in right field or at second base.  It’s not clear how much the division rivals have talked, however.  
  • The Braves need their hitting to improve, but they’re scouring the market for bullpen help, writes Knobler.  The main focus has been on finding a left-handed reliever, but they’ve also looked at right-handed bullpen help and even at starting pitchers.  Left-handers like the Brewers’ Mike Gonzalez and James Russell of the Cubs would make sense for them.  Marlins lefty Mike Dunn has also been mentioned by some teams, but the Braves have been told he won’t be traded.
  • In addition to Rios, the Rangers also have their eye on the Mets’ Marlon Byrd (Twitter link).  Last week it was said that the Mets need to be “overwhelmed” to trade Byrd.
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