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Hoffman Re-Ups With Padres

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The Padres brought back Trevor Hoffman today, getting their customary home-town discount.  The deal will pay Hoffman $6.75MM annually and the option on the third year is based on games finished.

There’s nothing wrong with this move, considering the price.  Back in late October, Hoffman’s agent was talking about $10MM a year.  Hoffman is still a dominant reliever across his 50-60 innings, although Scott Linebrink could easily handle the 9th inning.  The poor guy won’t be a free agent until after the 2007 season, at which point he could get Kyle Farnsworth money.

Brian Giles Re-Signs With Padres

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The Unofficial MLB Blog is reporting that Brian Giles has re-signed with the Padres.  The news came via KGTV-10 in San Diego, according to the blog.  The deal is said to be for just three years and $30MM with a $6MM option for 2009.  Looks like it wasn’t all about the money for Giles.

Unofficial MLB is the only published report of the signing at this point, and I have known them to be reliable in the past.  I’ll get you more info when I have it.

Update: Ted Leitner and Lee "Hacksaw" Hamilton are also reporting the signing in San Diego.  Apparently Kevin Towers sent an apology to Giles’s agent yesterday and a deal was struck quickly.

Thanks to John and Dave

Mike Cameron Deal To Be Completed Today

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Several sources are telling me that Mike Cameron will be traded to the Padres today for Akinori Otsuka.  As I mentioned earlier, Xavier Nady could also be included in the deal.

MetsBlog now says Buster Olney is reporting that this is a done deal.  Olney has yet to provide any names coming from the Padres in his ESPN Rumor Central post.

Update: Gotham Baseball has the scoop on this one, telling us that the trade is indeed for Akinori Otsuka.  According to editor-in-chief Mike McGann, financial concerns with Otsuka’s contract are the main hangup.

Thanks to Brian B.

Cameron For Nady Rumor Has Legs

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A new Ken Rosenthal column was just posted over at Fox Sports.  Some interesting nuggets in there, including a few that confirm rumors we reported on earlier.

The rumored Mike Cameron for Xavier Nady swap we mentioned on Sunday may have legs.  Rosenthal adds that the Mets could spin Nady into a Manny Ramirez package if they don’t want to platoon him with Mike Jacobs.  Nady could make sense for the Red Sox, a team with question marks at third and second base.

Cameron could also end up in Baltimore or Arizona according to Rosenthal.

The column mentions some interest coming from the Braves on Trevor Hoffman.  I don’t buy this matchup, considering Hoffman’s outlandish demands.  The Braves don’t seem like the types to give three years or $27MM to a closer.

Rosenthal also adds some info to the Julio Lugo to the Braves rumor.  We confirmed before that the Braves would need more than Lugo to part with Andy Marte.  Rosenthal suggests Johnny Estrada and another prospect as a more reasonable package going to the D-Rays.

Thanks to Brian B.

   

Mets To Swap Cameron For Nady

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Over at RotoAuthority, I did an in-depth breakdown of the rumored Manny Ramirez trade.  The conclusion?  Even a trade of just Lastings Milledge and Mike Cameron for Manny Ramirez would be damaging to the Mets by 2007.  If the Mets add Yusmeiro Petit or Aaron Heilman to the mix, they get killed in the deal.

But now we have a new trade rumor that puts a wrinkle in the proposed Manny deal.  Word is that Mike Cameron for Xavier Nady is close to a done deal. 

Nady’s versatility is helpful, but he won’t match Cameron’s value in 2006.  Cameron’s not a star player in my book, but then again, you know you’ve made it when people start impersonating you to score painkillers.  Cameron plays a solid center field, and can still add 6 wins to a team at age 33.  Nady is 27 and is still several years away from free agency.  The Mets are hoping he can approximate his production from Triple A Portland in 2004: .330/.391/.629 in 74 games.  Nady did slug .615 in June of ’05, so the potential is intriguing.

More interesting than the Cameron for Nady trade itself is the related fallout.  Consider:

The Red Sox would have one less option to replace Johnny Damon, and it becomes more likely that they bite the bullet and offer him a four-year deal.

The Mets back away from Carlos Delgado, Paul Konerko, and other available first basemen.  They begin the year with some combination of Mike Jacobs and Xavier Nady at the position.

A new group of players would have to be assembled to entice the Red Sox to surrender Ramirez.  Rest assured that if Lastings Milledge is involved, the Red Sox will still be listening.   

Thanks to Ryan from Berkeley

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