Rangers Acquire Matt Garza

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 Oltright-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

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

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

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

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

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

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. 

Nationals Notes: Detwiler, Peavy, Rizzo

Nationals starter Ross Detwiler's lingering lower back strain could lead the Nats to acquire a starting pitcher before the deadline, according to Adam Kilgore of The Washington Post, who says some rival executives have expected the team to try to acquire a starter since Detwiler hit the DL early this month. The White Sox's Jake Peavy could be a potential target, some close to the club say, as the righty is under control beyond 2013 and GM Mike Rizzo tends to avoid trading prospects for only a few months of a player's services.  Some more Saturday evening Nationals links:

  • Johnson confirmed that the club isn't interested in a rental, tweets Mark Zuckerman of CSNWashington.com (link). Rizzo also adds that he plans to monitor Detwiler's progress for awhile longer before deciding on whether the Nats need to make a move. “If Detwiler is healthy, that helps me make any and all decisions we have to make," he said. 
  • Rizzo has no plans to acquire a replacement for struggling left-handed bench bat Chad Tracy via trade, Kilgore Tweets"Tracy is a good left-handed pinch hitter," Rizzo said. "Theres no doubt about that."
  • In an article for MASNSports.com, Dan Kolko suggests that Rizzo should try to put together a deal for a left-handed version of Scott Hairston, whom the Nats acquired from the Cubs earlier this month. Tracy's .149/.187/.276 line represents a significant drop from his production in 2012, when he hit .269/.343/.441 off the bench and provided the team with several big hits. "I'm a veteran guy, I've been through it before," Tracy said of his struggles. "I should be able to make the adjustment and I just haven't done it."

Rosenthal On Rios, Johnson, D’Backs, Reds

Ken Rosenthal of FOX Sports has posted his latest edition of Full Count.  Here's a look at the highlights..

  • It'll be interesting to see what the White Sox get for Alex Rios if they decide to deal him.  Position players are usually easier to move in the winter and clubs view his deal differently.  He earns $12.5MM per season through 2014 with a $13.5MM club option for 2015.  On one hand, that's a reasonable price tag for someone who hits 20 homers, gets 20 steals, and can play outstanding defense.  On the other, as recently as 2011, he had a .613 OPS.  For the White Sox to make a worthwhile deal, they may have to throw in prospects and cash.
  • It was amusing to hear that the Blue Jays weren't interested in trading Josh Johnson since his value has plummeted anyway.  The best move for Toronto is to keep him, hope he has a strong second half, and make him a qualifying offer after the season.  That would either net the Blue Jays a compensatory pick or another year of Johnson at less than $14MM.
  • The Diamondbacks aren't jumping after Matt Garza, Jake Peavy, or even Bud Norris.  What they want is a younger starter that they can control long term, ideally someone like the White Sox's Chris Sale or the Cubs' Jeff Samardzija.  There's no evidence that either player is available in any way, but Samardzija in particular would fit the tough demeanor that Arizona wants out of their starters.  Another option is to promote Archie Bradley, but first they want to see how Brandon McCarthy and Trevor Cahill come back from their injuries.
  • The Reds are one of the teams that have inquired about the Phillies' Michael Young, but they remain in a difficult spot.  Three of their most important pitchers, Jonathan Broxton, Johnny Cueto, and Sean Marshall, remain on the DL.  They're getting below average production out of third base and left field and both prospect depth and payroll flexibility are issues.  A healthy Ryan Ludwick would help matters as well, but he hasn't played the entire season and he relies on timing more than most.

Matt Garza Rumors: Saturday

Yesterday evening, the Cubs and Rangers backed down from a trade that would have sent starter Matt Garza to Texas. (Click here to see where things ended up last night.) Initial reports this morning have provided little in the way of new developments, but are nevertheless worth keeping an eye on. The latest:

  • The deal was held up because the Cubs had some questions about one of the players they were getting in return, writes T.R. Sullivan of MLB.com.  Major League sources say the questions weren’t major but “fair” concerns and the two sides are still considering alternative ways to make the deal.  There's no word on which player brought about a red flag but Sullivan notes that Mike Olt was been dealing with some vision issues earlier in the season and pitcher Neil Ramirez, who has also been mentioned, has been working through minor shoulder issues. 
  • A deal between the Cubs and Rangers "could still go either way," according to CBSSports.com's Jon Heyman (via Twitter). The teams are holding out hopes of accomplishing something while remaining free to explore scenarios with other clubs. The Rangers are still pursuing Garza, confirms MLB.com's T.R. Sullivan. A source tells Sullivan that the deal remains "possible" but has "no timetable" at present.

Zach Links contributed to this post.

Show all