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Jake Peavy Rumors: Tuesday

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Jake Peavy returned from the DL to throw a quality start against the Braves on Saturday, which helped to quell fears about his health and also reignited speculation that Peavy could be a trade candidate.  Here's the latest on the White Sox right-hander…

  • The Indians aren't a trade match for Peavy, CBS Sports' Jon Heyman tweets.
  • The Cardinals and Red Sox "appear to be emerging as two of the potential players" for Peavy's services, Jon Heyman reports.  We recently heard that Boston was preparing to scout Peavy, though the team's interest in him or any starter is likely dependent on Clay Buchholz's injury status.  Heyman speculates that the Diamondbacks could be interested in Peavy given his relationship with GM Kevin Towers dating back to their days in the Padres organization.  It was reported last week that the D'Backs had at least discussed Peavy as a possible target.
  • Peavy told reporters (including Dan Hayes of CSN Chicago) that he kept an eye on the Matt Garza trade rumors since once Garza was moved, he could quite possibly be the next biggest pitcher available.  “Just thinking about leverage and stuff, you think Garza is probably the biggest name out there so to speak,” Peavy said. “You would think other teams would wait until that to set the market and kind of happen before. That’s my mind, my general manager mind….We’ll see how the next few days plays out.”
  • In comparing a possible Peavy trade to what the Rangers gave up to acquire Garza, Hayes hears from one source that "the Rangers were desperate and overpaid," while another source felt the Cubs got good prospects but no "slam dunk" future stars like Jurickson Profar.  If you want to weigh in on the respective trade values of Garza and Peavy, vote now in yesterday's MLBTR Poll.
  • Both Hayes and Paul Konerko note that White Sox GM Rick Hahn isn't pressured to deal Peavy or Alex Rios by the deadline as both players are under contract for 2014.  “If you don’t like what you’re getting and you know there’s no rush, then you can just wait and maybe down the road you get something else,” Konerko said. “I think everybody thinks it has to happen…But when you look at it from really what it is, it really doesn’t. It could still, but it might not be the urgency that some people think.”

Yankees, Cubs Have Talked Soriano

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6:39pm: Soriano tells reporters that the Cubs contacted his agent to tell him that the Yankees had interest, but since no deal is close, there has been no discussion of waiving his no-trade clause.  Soriano hasn't spoken directly to the Cubs front office and is "open to anything" trade-wise, though he wants to make sure he'll still be able to play every day on a potential new team (all links are to the Twitter feed of Gordon Wittenmyer of the Chicago Sun-Times).  The Yankees are the only team that has made contract with Soriano's agent, so they may be his only trade option (via Paul Sullivan of the Chicago Tribune).

1:48pm: In an interview with Mike Ferrin and Jim Duquette on MLB Network Radio (audio link), Cubs GM Jed Hoyer called reports of a deal being near "very premature." Hoyer adds that there is "nothing close at all."

The Cubs have discussed Soriano with multiple teams, and Hoyer and Epstein plan to fly to Arizona to speak with the outfielder in order to gauge his interest in the teams that have inquired about him.

10:31am: A Cubs source tells Paul Sullivan of the Chicago Tribune that the two sides are indeed negotiating a Soriano trade, but a deal is not close at this time. The conversations to this point have been closer to preliminary, according to Sullivan, though he notes that both sides appear motivated to get something worked out.

8:11am: The Cubs scouted 24-year-old Triple-A right-hander Chase Whitley over the weekend, tweets Joel Sherman of the New York Post. Whitley has a 3.52 ERA with 8.7 K/9 and 3.1 BB/9 in 38 1/3 innings this season.

Sherman adds that right-handed relief is one area where the Yankees feel they're deep in young. In addition to Whitley, they have Preston Claiborne and Shawn Kelley at the Major League level and prospects Dellin Betances, Danny Burawa and Tommy Kahnle on the way.

7:47am: The Cubs likely consulted with Soriano before engaging in serious discussions with the Yankees, writes Ken Rosenthal of FOX Sports. Rosenthal adds that Soriano recently told FOX Sports that he would accept the right deal to the right team. His article also has quotes of high praise from teammate David DeJesus and manager Dale Sveum about the 37-year-old Soriano's work ethic.

1:10am: The Yankees and Cubs are nearing a deal that would send Alfonso Soriano to the New York, according to George A. King III of the New York Post. Soriano is owed roughly $24.9MM over the remainder of his contract (roughly $6.9MM in 2013 and $18MM in 2014), and King reports that the Cubs would pick up the majority of the remaining tab in exchange for a mid-level prospect.

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 378 plate appearances for the Cubs this season, Soriano is batting .256/.286/.471 with 17 home runs.

Soriano, of course, would have to waive the same no-trade clause that he enacted a year ago when the Cubs attempted to trade him to the Giants. Cubs president Theo Epstein and GM Jed Hoyer have been exceptionally busy of late, with the Cubs trading Matt Garza to the Rangers earlier today. They also traded Scott Hairston to the Nationals and Scott Feldman to the Orioles earlier this month.

Relief Market Rumors: K-Rod, Wilson, Duensing, Coke

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With just over a week to the trade deadline, there's still been only one significant move for a reliever — Boston's acquisition of Matt Thornton. Plenty of teams are on the lookout for bullpen help, however, including the Tigers, Red Sox, Braves, Diamondbacks and more. With a potential Jason Grilli injury last night, more bullpen rumors could begin to circulate. Here are the latest relief rumblings from around the baseball world…

  • The Red Sox, Dodgers and Tigers are all keeping close tabs on Francisco Rodriguez, according to ESPN's Jerry Crasnick. The Sox and Dodgers, in particular, were said by Crasnick to have scouts "all over" Rodriguez this week. Detroit, meanwhile, isn't as interested as it once was due to the strong recent performance of Joaquin Benoit and Drew Smyly (Twitter links).
  • Former closer Brian Wilson threw for Giants pitching coach Dave Righetti and bullpen catcher Billy Hayes yesterday, according to Andrew Baggarly of CSNBayArea.com. The session was a personal favor to Wilson and not an indicator that a deal is coming, Baggarly writes. However, Wilson looked nearly Major League ready, and Baggarly feels that the willingness to afford Wilson this favor suggests that any ill will between the two sides following Wilson's offseason non-tender has subsided.
  • The Braves continue to search for left-handed relief help, tweets Jim Bowden of ESPN and MLB Network Radio, who lists Oliver Perez, Mike Dunn, Glen Perkins, Scott Downs and James Russell as potential targets. Bowden notes that Perkins is unlikely, likely because of the numerous reports that the Twins won't move their closer.
  • While the Twins aren't interested in moving Perkins, David O'Brien of the Atlanta Journal-Constitution reports that the Braves may have interest in another Minnesota lefty who may be available — Brian Duensing (Twitter link). Duensing has two years of team control remaining and will be arbitration-eligible for the second time this offseason.
  • One more note from Crasnick, who tweets that the Braves also checked in on Phil Coke in their quest for lefty relief help, but nothing came of the talks with the Tigers. Coke has had a brutal season because of overexposure against right-handed hitters, but he's held lefties to a .231/.271/.346 batting line.
  • For more on the relief trade market, check out my examinations of the market for left-handed relievers and the market for right-handed relievers. Also, for all fantasy players out there, be sure to follow @closernews on Twitter to keep up to speed with closer injuries, performance, usage and more.

Rangers Acquire Matt Garza

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9:05pm: Gordon Wittenmyer of the Chicago Sun-Times reports (via Twitter) that the Cubs can select right-hander Neil Ramirez as the PTBNL in the deal. However, if the Cubs select Ramirez, they will not receive a second PTBNL. Otherwise, they can select two other pitchers from the agreed upon list of names.

6:20pm: The Rangers aren't afraid to make splashes and add pitching help if they feel they have a shot at the World Series. In 2010, it was Cliff Lee. In 2011, it was Mike Adams and Koji Uehara. In 2012, it was Ryan Dempster. This season, it's Matt Garza. The Rangers and Cubs have officially announced a trade that will send Garza to Texas for third baseman Mike Olt, right-hander Justin Grimm, right-hander C.J. Edwards and at least one player to be named later, although Rangers GM Jon Daniels noted that the Cubs can also receive a second PTBNL depending on who they select as the first. The Cubs will be choosing the PTBNL(s) from a list entirely composed of pitchers, GM Jed Hoyer said Monday.Garza

Garza, 29, has been tremendous for the Cubs in limited action this season. Though he began the year on the disabled list, he's shown little signs of rust since being activated on May 21. In 71 innings, Garza has pitched to a 3.17 ERA with 7.9 K/9 and 2.5 BB/9. He will join the front of a loaded Rangers rotation that also features Derek Holland and Yu Darvish, who is set to return from the DL tonight. Garza is a free agent at season's end and therefore cannot be tied to draft pick compensation, meaning that he is strictly a rental for the Rangers, barring a long-term extension. He currently ranks fifth on Tim Dierkes' Free Agent Power Rankings.

Olt, 24, entered the season as the No. 22 prospect in baseball according to both Baseball America and MLB.com's Jonathan Mayo, while ESPN's Keith Law ranked him 71st. Olt batted .288/.398/.579 at Double-A Frisco last season and made his Major League debut with the Rangers. He's battled vision problems in 2013, however, which could be the reason his production has tumbled to .218/.318/.438 at Triple-A Round Rock. Prior to the season, BA praised his plus raw power and advanced hitting approach, calling him "a threat to go deep anytime he steps to the plate." BA, Law and Mayo all agree that he's a plus defender at third though Law questions whether or not he will make enough contact to hit at the big league level with any consistency.

Grimm, also 24, has made 17 starts for the Rangers this season but posted an ugly 6.37 ERA in 17 starts. However, Grimm posted a 3.93 ERA through his first nine starts, and advanced metrics like FIP (4.79), xFIP (4.25) and SIERA (4.34) all suggest that his ERA should be substantially lower. Prior to the season, BA ranked Grimm fifth among Rangers prospects, calling him a potential mid-rotation starter. He's averaged 91.4 mph on his heater this season, also mixing in a 12-to-6 curveball and a changeup.

Edwards, 21, ranked as Texas' No. 14 prospect prior to the season, according to BA, whose scouting report notes that the South Carolina native fell to the 48th round of the draft and signed for just $50K because he didn't pitch in any high-profile showcases prior to the 2011 draft. Edwards' stock has skyrocketed in 2013, as he's pitched to a pristine 1.83 ERA with 11.8 K/9 and 3.3 BB/9 in 93 1/3 innings for Class A Hickory.

Ken Rosenthal of FOX Sports first reported that the two sides were nearing a new deal for Garza (Twitter link). Jeff Passan of Yahoo Sports was the first to break that a deal had been reached, and he also was the first to report Olt's inclusion (Twitter links). Rosenthal tweeted that Edwards and a third player would be going to the Cubs, and Passan reported that the package included Grimm and a PTBNL (on Twitter). Anthony Andro of FOX Sports Southwest reported that the Cubs could receive one or two PTBNLs, depending on who they selected as the first (on Twitter).

Photo courtesy of USA Today Sports Images.

Reactions To The Matt Garza Trade

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Earlier this afternoon, the Rangers acquired Matt Garza from the Cubs in exchange for Mike Olt, C.J. Edwards, Justin Grimm and at least one player to be named later (the Cubs could also receive two PTBNLs, depending on who they select as the first from a list of pitchers). Here are some quotes from both general managers, reactions from scouts and media members, as well as some more details surrounding the initial trade that fell apart last Friday…

  • The Athletics made a late push for Garza, which is what caused the Rangers to up their offer at the last minute, according to Jeff Passan of Yahoo Sports (on Twitter).
  • For Cubs fans who would like more info on what they received for Garza, Baseball America's Matt Eddy provides scouting info on Olt, Edwards and Grimm.
  • The Cubs had to accept Grimm instead of second baseman Rougned Odor when the Rangers raised questions about Garza's elbow, tweets Evan Grant of the Dallas Morning News.
  • The Cubs tried to acquire Olt at the deadline last year, GM Jed Hoyer told reporters (including the Daily Herald's Bruce Miles).
  • The Rangers felt that Garza was the best pitcher available on the market, GM Jon Daniels told reporters, including Scott Miller of CBS Sports. Miller's piece is loaded with quotes from Daniels, who feels that the addition of Garza may give the Rangers as strong of a pitching staff they've ever had.
  • The Rangers overpaid to get Garza, but all teams do so in order to acquire the top rental on the market, writes Richard Durrett of ESPNDallas.com. Durrett adds that the Rangers needed to make this move and it's a worthwhile gamble given their minor league depth.
  • In an Insider-only piece, ESPN's Keith Law writes that both sides did well in the trade, as Garza could represent a two WAR upgrade over Grimm through the end of the season, and the Cubs received a nice package of players in return. Olt and Edwards alone would've been a good return, in Law's opinion, making the addition of Grimm and at least one PTBNL even better.
  • Garza never should have been a Cub, opines Jon Greenberg of ESPNChicago.com. He writes that the acquisition of Garza was a poorly timed win-now move by former GM Jim Hendry that was made when the team wasn't in a position to win. Dealing Garza for a strong package from Texas was the right move, adds Greenberg, who notes that better days are ahead for Cubs fans.
  • With Garza off the market, trade talks for Bud Norris will likely now heat up, writes MLB.com's Brian McTaggart. Astros GM Jeff Luhnow told McTaggart that the Garza trade may "start a series of different types of talks."

Central Notes: Royals, Konerko, Gregg, Pirates

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Baseball's central divisions have four clear sellers in the Cubs, Brewers, White Sox, and Twins.  At seven games out, the Royals are on the bubble.  The team sees "a winning record as an important secondary goal even if they don’t reach postseason," according to Bob Dutton of the Kansas City Star, so they may stand pat.  Meanwhile, the Tigers, Indians, Cardinals, Pirates, and Reds are the five central division buyers.   Links from both divisions…

  • In a Q&A mailbag, a reader asks Dutton how hot the seat is under Royals GM Dayton Moore.  Dutton writes that despite fan criticism for the team's longtime decision maker, there's nothing to suggest his job is actually in jeopardy.  Elsewhere in the mailbag, Dutton notes that there is no indication the team is shopping starter Ervin Santana, and that he does not expect the team to reduce payroll next year.
  • "We ought to know and be right on the first couple of picks. But it's those middle-round guys that your scouts push and say, 'We need to get this guy,' who make your organization," Royals senior advisor to the GM Mike Arbuckle told ESPN's Jerry Crasnick in regard to former 10th round draft pick Greg Holland, now the team's All-Star closer.
  • "Trying to think like another team, usually the guys who are traded are going better than I am," White Sox first baseman Paul Konerko told Phil Rogers of the Chicago Tribune on his minor league rehab assignment in the Southern League.  Konerko, 37, is battling a back injury in the last year of his contract with the White Sox.
  • Cubs closer Kevin Gregg is on the trading block alongside starter Matt Garza, and Gregg seems ready to jump to a contender.  "Garza’s a headline piece, but I think that in the baseball world, people are looking for relievers.  I hope I’m on that list," Gregg told Gordon Wittenmyer of the Chicago Sun-Times recently.  The 35-year-old has enjoyed an improbable rise back to prominence and the Cubs' closer job, though he has a 7.36 ERA over the last month.
  • Speaking to Tom Singer of MLB.com, Pirates GM Neal Huntington explained that his strong farm system gives him the confidence to make trades without depleting it.  Huntington didn't rule out rental players, saying, "We've never gone in with a premeditated view on rentals, whether we want or don't want them.  We've gone into the Deadline to impact that year's club as best we could. Now, while it does not make a ton of sense for us to give up an elite prospect for a two-month rental, you've always got to have the majority of attention on today."

Zach Links contributed to this post.

Quick Hits: Soriano, Nationals, Angels, K-Rod

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Alfonso Soriano of the Cubs is on the Yankees' radar as a possible trade target, Gordon Wittenmyer of the Chicago Sun-Times reports. If any deal were to take place, though, it might not happen in July, since the $25MM remaining on Soriano's contract means he's sure to pass through waivers in August. Soriano has a full no-trade clause, but says he will consider a trade to a contending team. Wittenmyer writes that the Yankees view another Cubs outfielder, Nate Schierholtz, as more of a platoon type.

  • The Nationals shouldn't be buyers at the trade deadline, the Washington Post's Thomas Boswell writes. The Nats are now 48-50, and are now seven games back of the Braves in the NL East, as well as seven games back of the Reds for the second Wild Card. Boswell points out that their chance of making the playoffs is less than 20 percent, and for a team in that position, the value of a rental player like Matt Garza or Ervin Santana is questionable. Boswell argues that even if the Nats acquire a player who is also under contract for 2014, like Jake Peavy or Yovani Gallardo, they need to do so mostly because those players can help next year, not because they can help down the stretch this season.
  • The Angels are now ten games back of the Athletics in the AL West, and it looks like they should sell at the trade deadline, FOX Sports' Jon Morosi tweets. (Note that Morosi isn't predicting the Angels will sell, only saying that they should.) If the Angels were to sell, Erick Aybar and Scott Downs are two players they could trade, Morosi writes. Aybar is in the first year of a four-year, $35MM deal, and he's hitting .287/.305/.388 as the Angels' starting shortstop. Downs, who is in the last year of a three-year, $15MM contract, has a 1.32 ERA, albeit with a more pedestrian 6.9 K/9 and 3.3 BB/9.
  • The Dodgers have heavily scouted Brewers reliever Francisco Rodriguez recently, Danny Knobler of CBS Sports reports. Milwaukee also has two other veteran relievers in Mike Gonzalez and John Axford, and Knobler notes that the Tigers and Red Sox have also been scouting the Brewers. Still, the Brewers might opt not to trade any of their relievers before the deadline.
  • The Yankees have signed left-handed pitcher Artur Strzalka, Mike Axisa of River Ave Blues notes (via Baseball America's Matt Eddy). Strzalka is the first born-and-raised Polish player ever to sign with a Major League team. As Axisa notes, one likely purpose of this signing is to help the Yankees establish themselves as bidders for talent in a new part of the world.

Matt Garza Rumors: Sunday

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Yesterday, Jon Heyman of CBSSports.com heard that a deal that would send Matt Garza from the Cubs to the Rangers could still go "either way".  Today, it's a different story.  Here's the latest on Chicago's prized right-hander:

  • A Major League source tells Nick Cafardo of the Boston Globe the Red Sox's interest level in Garza is deepening (Twitter link). This comes in the wake of the news Clay Buchholz will seek a second opinion from Dr. James Andrews tomorrow. Manager John Farrell, as quoted by WEEI.com's Alex Speier on Twitter, explained the purpose of the visit is for "verification and clarification to get some peace of mind."
  • Gordon Wittenmyer of the Chicago Sun-Times (free registration required) calls the Pirates "the team du jour" after GM Neal Huntington's comments earlier today and adds the Orioles, who are scouting the Cubs on their current road trip, are viewed as sleepers for Garza. 

Earlier Updates

  • The Cubs have worked to draw competing offers into the Garza bidding in order to create alternatives to Texas, tweets ESPN's Buster Olney. 
  • Cubs manager Dale Sveum told reporters, including the Chicago Sun-Times' Gordon Wittenmyer (Twitter link), Garza will "100 percent" make his start tomorrow against the Diamondbacks.
  • The Cubs would prefer to deal Garza before his scheduled start tomorrow against Arizona, sources tell Jon Paul Morosi of FOX Sports (via Twitter).
  • The Rangers and Cubs were set back in talks to the point where the Rangers are now viewed as only one of many teams now in the mix for Garza, Heyman writes.  For now it seems that Texas and Chicago made no progress in overcoming the snag that derailed their swap on Friday night, though the Rangers aren't out of it.  The deal that fell apart included a package of Rangers prospects, with third baseman Mike Olt and pitchers C.J. Edwards and Neil Ramirez thought to have been on the table.

Edward Creech contributed to this post.

Rangers, Cubs Nearing New Deal For Garza

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Last Friday's Matt Garza trade talks between the Rangers and Cubs fell apart due to concerns following the exchange of medical reports. However, Ken Rosethal of FOX Sports reports that Garza is unlikely to make his start for the Cubs tonight because a new trade between the two sides is near (Twitter link).

ESPN's Jerry Crasnick chimes in as well, noting that trade talks between the two sides are indeed back on, and an official from another team interested in Garza said the Rangers are "making a big push" to acquire him (Twitter links).

Reports last week mentioned third baseman Mike Olt and right-handers Neil Ramirez and C.J. Edwards as possible pieces heading from Texas to Chicago in the deal. It's unclear which prospect's medical reports triggered a red flag, however. The Cubs are said to have a slight preference for pitching prospects rather than position players in any Garza trade.

This post was originally published on July 22 at 3:54pm CT.

AL Central Notes: Peavy, White Sox, K-Rod

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Here's the latest out of the AL central…

  • The White Sox's Jake Peavy may be the top name on the trade market now that he's returned from the DL, Jon Heyman of CBSSports.com says. Up until now, most of the market's attention seems to have been on another Chicago hurler, the Cubs' Matt Garza, but a survey of GMs and assistant GMs favored Peavy, Heyman writes. Executives say they like Peavy's extra year of club control – allowing a club to extend a qualifying offer, which won't be an option for the team that acquires Garza – and overall appeared to be "pretty enamored" of the Chicago righty.  "Peavy has been better than Garza except for lately and he has done it in a hitter's park in the American League," an NL GM said. "Garza's better for 2013, but I think Peavy has more overall value." 
  • Scouts from the Blue Jays, the Red Sox, the Yankees, the Orioles and the Diamondbacks were on hand for the White Sox's matchup with the Braves today, FOXSports.com's Ken Rosenthal tweets. However, not all were there to watch Peavy, who started for the White Sox and went six innings, striking out three and walking none. Rosenthal says Yankees scouts were in attendance merely as a part of the team's normal coverage, while the Diamondbacks aren't in on the righty.
  • The Tigers hope to be the team that ends up with the Brewers' Francisco Rodriguez when the trade deadline passes, ESPN's Buster Olney reports (Twitter link).  K-Rod appears to make the most sense for Detroit and Boston, Olney tweets, as he has experience in the ninth inning but can pitch in any role and any market. 
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