Nationals Acquire Jonathan Papelbon

8:05pm: Barry Svrluga of the Washington Post reports (via Twitter) that the Nationals will receive $4.5MM from the Phillies in 2015, which covers all but about $400K of Papelbon’s remaining salary. Papelbon’s 2016 salary will indeed be $11MM, he adds, but $3MM of that will be deferred and paid in the 2017 season.

7:12pm: The Nationals announced on Tuesday evening that they have acquired closer Jonathan Papelbon from the Phillies in exchange for Double-A right-hander Nick Pivetta. Not only has the team acquired Papelbon, though, they also announced that they have signed him through the 2016 season. Papelbon and the Nationals have reportedly agreed to restructure the pre-existing club/vesting option on his contract, reducing the value from $13MM to $11MM in exchange for having the option immediately exercised. The Phillies also announced the move, adding that they sent cash considerations to Washington along with Papelbon.

Jonathan PapelbonAmong the roadblocks that needed to be resolved prior to finalization of a complicated trade were Papelbon’s no-trade clause, his vesting option for the 2016 season and his adamant desire to remain a closer upon a trade to a new team.

The Nationals, of course, have Drew Storen pitching exceptionally well in the ninth inning this season, but the trade was reportedly contingent upon Papelbon becoming the team’s closer. As such, Storen will slide back to the eighth inning and return to a setup role which he has handled with aplomb in the past. This season, Storen has saved 29 games and worked to a 1.73 ERA, averaging 10.9 strikeouts and just 2.2 walks per nine innings pitched.

A need for a late-inning reliever, then, might not appear to be a strong one for the Nationals, but the rest of the bullpen has been suspect. When subtracting Storen’s 36 1/3 dominant innings, the Nationals’ other relievers have combined to post a considerably less dominant 3.68 ERA.

Papelbon will unquestionably deepen the team’s bullpen, though he may not necessarily be an improvement over Storen in the ninth inning. However, his acquisition will allow Nationals manager Matt Williams more flexibility when using Storen. Williams has deployed Storen, his best reliever, in the eighth inning just once this season, and he’s never used him for more than three outs. Whether or not Storen will be available in multi-inning (or at least four- and five-out situations) remains to be seen, but the Nats will now have a pair of relievers with sub-2.00 ERAs to close out the final two innings of the game.

For all the talk about Papelbon’s diminished velocity, he remains an elite reliever. He’s pitched to a 1.87 ERA dating back to Opening Day 2014, averaging 8.7 K/9 against 2.0 BB/9 in 106 innings of relief. Though he’s now averaging just over 91 mph on his heater, Papelbon has improved his control and become a significantly more ground-ball-oriented pitcher. His 51.9 percent ground-ball rate is the highest of his career and comes in a full 13 percent above his career mark of 38.9 percent. The result of his new approach on the hill has been a 1.59 ERA that would represent the second-best mark of his career and his best since 2006, were the season to end today.

Papelbon is earning $13MM in 2015, and about $4.9MM of that sum remains through season’s end. Papelbon was just 21 games finished shy of seeing his 2016 option vest anyway, but by agreeing to the restructured deal he’s traded a bit of financial upside for financial security and the opportunity to join a winning team. While Papelbon’s option was long viewed as a detriment to his trade value and, in the end, still proved to be that, he would almost certainly have been in position to receive a much more sizable commitment on the free agent market, so there’s some value in the deal for the Nats as well.

Turning to the Phillies’ side of the deal, Baseball America ranked the 22-year-old Pivetta as the Nationals No. 10 prospect on their midseason update. Per BA, the Canadian hurler’s 6’5″ frame allows him to throw a low-90s fastball with downward plane. MLB.com’s Jonathan Mayo and Jim Callis ranked Pivetta 12th among Nats farmhands, noting that he can reach 96 mph with his heater and giving him a chance to start in the big leagues while noting that he’s somewhat of a project.

In 101 1/3 innings split between Class-A Advanced and Double-A this season, Pivetta has a 3.02 ERA with 6.9 K/9 against 3.4 BB/9. He’ll join Ben Lively, Zach Eflin, Tom Windle and Joely Rodriguez as arms acquired by the Phillies dating back to the offseason’s trades of Jimmy Rollins, Antonio Bastardo and Marlon Byrd.

Ken Rosenthal of FOX Sports reported that there was a deal in the works, but both Jim Bowden and Jayson Stark of ESPN reported that there were hurdles to be cleared before a deal was struck. Barry Svrluga of the Washington Post reported (on Twitter) that a deal was close. Bowden reported that a Double-A pitcher was headed to the Phillies (Twitter links). Rosenthal reported (Twitter links) that the trade was contingent upon Papelbon becoming Washington’s closer and restructuring his option. MLB.com’s Todd Zolecki reported Pivetta’s inclusion (via Twitter). Joel Sherman of the New York Post tweeted the new terms of Papelbon’s 2016 salary.

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Nationals Designate Dan Butler For Assignment

The Nationals have designated Triple-A catcher Dan Butler for assignment in order to clear a spot on the 40-man roster for Jonathan Papelbon, tweets Mark Zuckerman of CSNWashington.com.

The Nationals picked up Butler from the Red Sox in a minor January trade that sent left-hander Danny Rosenbaum to Boston. Butler has a solid, if unspectacular track record at the Triple-A level and got a brief cup of coffee with the Sox in 2014, but he hasn’t performed up to his standards in 2015. This year, in 253 plate appearances at Syracuse, Butler is hitting just .231/.315/.312. Those numbers fall well shy of the .248/.329/.416 Triple-A batting line that he carried into the season.

Angels Designate Vinnie Pestano For Assignment

The Angels announced that they’ve designated right-hander Vinnie Pestano for assignment in order to clear a roster spot for newly acquired outfielder David Murphy.

Pestano, who was acquired from the Indians in a minor swap last August, now finds himself designated for assignment to make room for a former teammate. The 30-year-old Pestano appeared in 19 games for the Halos this season and totaled 11 2/3 innings with a 5.40 ERA.

Pestano at one point looked to be emerging as a key piece of the Indians’ bullpen, totaling 132 innings with a 2.45 ERA, 10.9 K/9 and 3.3 BB/9 from 2011-12, but he began to struggle in 2013 and fell out of the team’s plans in 2014. He’s pitched just 30 1/3 innings in the big leagues over the past two seasons.

Angels Acquire David Murphy From Indians

The Angels announced that they’ve acquired outfielder David Murphy from the Indians in exchange for infield prospect Eric Stamets. Initial news of the swap came just minutes before the Angels announced the acquisition of fellow lefty-swinging outfielder David DeJesus.

David  Murphy

Murphy, 33, is making $6MM this season and has a $500K buyout on his $7MM 2016 team option. He has slashed .296/.344/.437 with five homers in 229 plate appearances this season for the Indians, serving primarily as a platoon option in the corner outfield.

The Angels already have lefty hitters (Matt Joyce and Kole Calhoun) in the outfield corners, although Joyce has struggled this season. It stands to reason, then, that Murphy and DeJesus will provide the Angels with a pair of lefty bats to deploy in left field and at DH. Either would make a fine platoon partner for the recently acquired Shane Victorino, and they could both find themselves in the lineup versus tough righties, perhaps at the expense of young first baseman/designated hitter C.J. Cron.  Jon Heyman of CBSSports.com reported on Monday that Murphy was on the Halos’ radar.

When faced with the possibility that he could lose playing time back in January, Murphy said that he would be open to a trade.  Many months later, Murphy has been moved out of Cleveland, though his playing time didn’t dip much in 2015.

Stamets, a 23-year-old shorstop, was a sixth-round pick of the Halos in 2012. In Double-A this year, the defensive-minded Stamets has hit .248/.306/.360 with three homers in 241 plate appearances. The youngster has also swiped five bases.

Baseball America ranked Stamets as the No. 23 prospect in the Angels’ system following the 2014 season. “Stamets would be one of the top prospects in baseball if he could hit as well as he plays defense,” BA writes.

Mike DiGiovanna of the L.A. Times first reported (via Twitter) that the Angels were about to acquire Murphy. Joel Sherman of the New York Post added that an agreement was in place (Twitter link). Jon Heyman of CBSSports.com tweeted Stamets’ inclusion.

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Angels Designate Jeremy McBryde For Assignment

The Angels have designated right-hander Jeremy McBryde for assignment, tweets Bill Shaikin of the L.A. Times. Presumably, the move was made to clear space for the David DeJesus, whose acquisition has officially been announced by the Angels. (The Angels are also said to be in agreement on a trade to acquire David Murphy, though there’s been no team announcement regarding that move just yet.)

The 28-year-old McBryde signed a big league deal with the Angels over the winter despite never having pitched an inning in the Major Leagues. Though he entered the season with a strong track record at Triple-A, McBryde has struggled in 2015, posting a 5.63 ERA in 46 1/3 inning. McBryde is averaging a solid 8.5 K/9 against a less-spectacular 3.7 BB/9. His problems at the Triple-A level stem largely from a .362 batting average on balls in play that is significantly higher than his usual levels.

Angels Acquire David DeJesus

The Angels have acquired David DeJesus from the Rays just minutes after finalizing a deal to acquire David Murphy from the Indians, tweets Joel Sherman of the New York Post. Sherman had first tweeted that DeJesus was on the verge of being dealt, and Yahoo’s Tim Brown tweeted that the Angels were on the receiving end. The Rays have since announced that DeJesus has been traded to the Halos for right-hander Eduar Lopez.

David DeJesus

In DeJesus, the Angels have acquired a second veteran bat that handles right-handed pitching well but is limited to a platoon role. DeJesus has seen just nine plate appearances against lefties this year, but he’s been solid versus righties, hitting .263/.331/.384. For his career, DeJesus has slashed .285/.362/.441 when holding the platoon advantage.

In Lopez, the Rays have acquired a young right-hander that ranked 22nd among Angels prospects entering the 2015 campaign, per Baseball America. The 20-year-old Dominican hurler has spent the season in the Rookie-level Pioneer League, where he has posted a 4.32 ERA with a 33-to-16 K/BB ratio in eight starts (33 1/3 innings).

DeJesus is earning $5MM in 2015 and has a 2016 club option for the same rate that comes with a $1MM buyout. Of his 2015 salary, approximately $1.91MM remains. Coupled with the buyout, the Rays will save about $2.9MM on this deal. The trade will also create more at-bats in the season’s final months for John Jaso, whose return has limited DeJesus’ role with the club.

While Murphy and DeJesus have somewhat redundant skill sets, the Angels could use either at designated hitter on days when facing a right-handed pitcher. That calls into question Matt Joyce‘s role with the team, as the free-agent-to-be and longtime platoon slugger has failed to produce anything close to his career norms in his lone season with the Angels. Joyce is currently on the 7-day disabled list, so there’s no need to take immediate action with his roster spot, but the presence of Murphy, DeJesus, Shane Victorino, Mike Trout and Kole Calhoun in the outfield plus C.J. Cron and Albert Pujols as first base/DH options seems to leave Joyce without much of a role on the club.

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Royals Designate Joe Blanton For Assignment

The Royals announced that they’ve designated right-hander Joe Blanton for assignment in order to clear a roster spot for the newly acquired Johnny Cueto.

Blanton made a nice comeback to the Majors this season after spending the 2014 season away from the game. He’s pitched quite well overall for the Royals, working to a 3.89 ERA with 8.6 K/9, 1.5 BB/9 and a 48.4 percent ground-ball rate in 41 2/3 innings split between the rotation and the bullpen. Blanton’s 90.8 mph average fastball is the fastest of his career, though one can imagine that’s partly attributable to the fact that 11 of his 15 appearances have come in a relief role.

Nonetheless, Blanton looks much improved over the form he showed in his first and only season with the Angels. After signing a two-year, $16MM contract with Anaheim, Blanton quickly declined, posting a 6.04 ERA in 132 2/3 innings, due largely to a colossal spike in his homer-to-flyball rate. Prior to that deal, Blanton had been a solid back-end starter with the Athletics and Phillies. From 2005-12, Blanton averaged 178 innings per season with a 4.37 ERA, 6.4 K/9 and 2.1 BB/9.

Red Sox Claim Jean Machi From Giants

The Red Sox announced that they have claimed right-handed reliever Jean Machi off waivers from the Giants. In order to clear room on the 40-man roster, right-hander Clay Buchholz has been transferred from the 15-day DL to the 60-day DL, meaning he can’t be activated until at least Sept. 9 (h/t: Tim Britton of the Providence Journal, on Twitter).

The 33-year-old Machi had a somewhat surprising breakout season in San Francisco’s bullpen in 2013, and over the ’13-’14 seasons he totaled a 2.49 ERA with 7.7 K/9 against 2.3 BB/9 in 119 1/3 innings of relief. However, he’s struggled a good deal in 2015, with an ERA of 5.14 in addition to K/9 and BB/9 rates that have taken significant steps backwards. He’s also missed about three weeks due to a groin strain.

On the plus side for Machi, his velocity (92.6 mph) is still about the same as it was in previous seasons. His ground-ball rate, while down a bit, is still an above-average 49.6 percent. The Red Sox will hope that the strong 119 1/3 innings he displayed from 2013-14 are more indicative of his talent level than the 35 poor innings he’s delivered in 2015. Machi figures to be a Super Two player this winter, as he’ll finish the year with two years, 154 days of big league service if he remains on Boston’s big league roster all year. The Sox will have the ability to control him through the 2019 season if he can rediscover the successful form he showed in recent seasons.

Royals Acquire Ben Zobrist

The Royals have officially acquired Athletics utilityman Ben Zobrist, as first reported by Ken Rosenthal of FOX Sports (via Twitter). Young hurlers Aaron Brooks and Sean Manaea are the two pieces heading back to the A’s, as Jon Heyman of CBSSports.com (via Twitter) and Jerry Crasnick of ESPN.com (Twitter link) were first to report. Kansas City will also pick up over $2MM, which covers a large piece of Zobrist’s remaining salary, Jeff Passan of Yahoo Sports tweets.

Jul 26, 2015; San Francisco, CA, USA; Oakland Athletics left fielder Ben Zobrist (18) crosses home plate after an rbi single by third baseman Brett Lawrie (not pictured) during the fourth inning against the San Francisco Giants at AT&T Park. Mandatory Credit: Ed Szczepanski-USA TODAY SportsThe deal delivers the second major rental piece heading to Kansas City this summer, as the club already picked up Johnny Cueto from the Reds. After dealing a trio of young arms to get Cueto, and now agreeing to send out two more to add Zobrist, Kansas City is firmly committed to winning this year. The club surprised the baseball world with its World Series run last year, narrowly missing out on a championship, and obviously decided that the time to win was the present after a strong first half in 2015.

[RELATED: Royals GM Dayton Moore Talks Ben Zobrist Trade]

In Zobrist, the Royals have added a uniquely valuable asset who can help the team in several ways. Star outfielder Alex Gordon is still working back from a significant groin strain, creating a need in left field. And the club has received less-than-sterling results from Omar Infante at second. Presumably, Zobrist will move between those positions — as he has for much of his career — depending upon needs and matchups.

Zobrist was perhaps the most hotly pursued player in the league this year, as he looked to be a strong fit for multiple contenders and is only owed the balance of a $7.5MM salary this season. At 34 years of age and set to hit the market after the season, he’s a pure win-now rental.

Despite playing half of his game’s in Oakland’s cavernous ballpark, Zobrist has increased his power output after a down 2014 in that department. He’s also rebounded nicely after getting out of the gate slowly and dealing with injuries. All told, Zobrist owns a .268/.354/.447 slash over 271 turns at bat on the year, with six home runs. Those figures land right at his career mark of .264/.354/.430, so Kansas City will feel comfortable that they are still likely to receive typically strong work at the plate.

There are some additional concerns on the defensive side of the ledger, however. Zobrist has shuttled between the corner outfield and infield this year, as usual, but has been rated as a negative contributor in both positions by advanced metrics. But the Royals will surely feel comfortable utilizing him in either role the rest of the way, based upon his past record as a highly-regarded fielder.

Kansas City has certainly paid a considerable price to add Zobrist, after doing the same to bring in Cueto. Manaea came into the year rated the club’s third overall prospect by Baseball America, just behind the since-dealt Brandon Finnegan, and landed on many top-100 lists. He’s generally shown well since his draft position fell owing to a hip injury, leading to surgery, which allowed K.C. to grab him with an above-slot deal. Manaea earned a promotion to Double-A this season, but has struggled in two outings at that level. All said, he’s missed some time and thrown 31 2/3 total minor league frames on the year, posting a 3.69 ERA with 11.1 K/9 against 3.1 BB/9. There’s plenty of upside to dream on, but he’ll have a lot to show in Oakland.

Brooks, meanwhile, is a 25-year-old righty who has seen brief MLB action in each of the last two seasons. He’s spent most of his time in those campaigns at Triple-A, however, posting a cumulative 3.81 ERA with 6.9 K/9 against 1.7 BB/9 over 245 2/3 innings. Brooks seems like more of a depth add than the more variable, headlining Manaea.

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Blue Jays Acquire Troy Tulowitzki, LaTroy Hawkins From Rockies For Jose Reyes And Pitching Prospects

The Blue Jays have officially struck a stunning deal to acquire Rockies shortstop Troy Tulowitzki and veteran reliever LaTroy Hawkins in exchange for Jose Reyes and a trio of minor league pitchers. Promising young righties Jeff HoffmanMiguel Castro, and Jesus Tinoco make up the key components of Colorado’s return. Needless to say, the move constitutes one of the most stunning deadline deals in recent memory.

Tulowitzki will pick up a $2MM assignment bonus and a full no-trade clause by virtue of being dealt. No money is changing hands other than the differences in the contracts, but the financial component of the deal was certainly significant.

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Both of the primary pieces in this deal are playing under significant contracts. Tulowitzki is owed $20MM annually this season and from 2016-19, before a $14MM payday in 2020 and a $15MM club option ($4MM buyout) in the following campaign. Reyes, meanwhile, is on the books for $22MM annually from 2015-17, and comes with a $22MM club option that also includes a $4MM buyout. All said, then, Reyes is guaranteed $50MM less in total following the present season (before tacking on the additional $2MM assignment bonus and the remainder of Hawkins’ $2.25MM salary).

Tulowitzki, 30, has long been one of the game’s best overall players. And he is as closely associated with his franchise as is any other player. There has been near-constant speculation as to whether Colorado owner Dick Monfort would consider parting with his club’s superstar, but it appears that a series of disappointing seasons has finally brought matters to a resolution.

While the long-time Rockies franchise face has been quite good this year, he hasn’t played quite to his own lofty standards. Over 346 plate appearances, he’s registered a .305/.353/.478 slash. With the effects of Coors Field factored in, that’s good for a 111 wRC+. His defense has rated out more as good than excellent. The net is that he’s racked up 1.4 fWAR and 1.9 rWAR on the year. Through this approximate point last season (375 plate appearances), Tulo had already compiled 5.3 fWAR and 5.5 rWAR.

Of course, the biggest question with his long-term value lies in the arbitrary stopping point just noted. Tulowitzki never again took the field in Colorado after mid-July, as he ultimately underwent hip surgery. Since becoming a full-time regular in 2007, Tulo has averaged just 114 games a season.

With the first major move of his tenure, GM Jeff Bridich opened an array of questions about the team’s intentions over the coming days (and beyond). It remains to be seen whether Colorado has intentions of plugging Reyes into its lineup or, instead, moving him to a third club to add other young pieces.

Colorado does not have a deal in place currently to move Reyes elsewhere, Joel Sherman of the New York Post tweets. But a move seems quite plausible. The Rockies have highly-regarded shortstop prospect Trevor Story playing well at Triple-A, and just used the third overall pick in last month’s draft to select top-rated high schooler Brendan Rodgers, though he’s obviously a ways from the big leagues.

Then, there’s the matter of Carlos Gonzalez, long considered the twin-bill feature alongside Tulo at Coors Field. He’s rebounded from a long rough stretch to enhance his value, and a move to shed his remaining obligations while adding young talent now seems more plausible than ever. Having parted with Tulowitzki and Hawkins, Gonzalez and other veteran assets (such as reliever John Axford) could conceivably change hands.

Regardless whether Reyes is ticketed for another destination, he offers his own blend of upside and downside. At age 32, he’s fallen back to a .285/.322/.385 slash line and is no longer the outstanding defender he was early in his career. Still, he’s a solidly above-average regular in a position of some scarcity (at least, in terms of established veterans) around the league. This becomes the second time that his contract — originally signed with the Marlins — has changed hands, and it may not be long until it moves again.

As for the young pieces, the 22-year-old Hoffman fell to the Jays in last year’s draft after undergoing Tommy John surgery. That he was still taken ninth overall speaks to his talent, of course, and he’s already moved to the Double-A level with Toronto. Having cracked many top-100 leaguewide prospect rankings before the season, the high-upside right-hander shot up to 33rd on Baseball America’s mid-season list after showing his old stuff with a new UCL. He’s said to have a big fastball, excellent curve, and promising change. Over 67 2/3 innings, mostly at High-A, Hoffman has worked to a 2.93 ERA with 6.1 K/9 against 2.3 BB/9.

Castro, 20, has a more projection-dependent future outlook. He opened the year in the big league pen after finishing off 2014 at High-A. The righty struggled somewhat in that cameo, but still pitched beyond his years and has shown a live arm. He entered the year rated the #9 prospect in the Jays organization by Baseball America, which noted his lofty upside and need to develop reliable secondary offerings to factor as a long-term MLB starter. Kiley McDaniel of Fangraphs had him in the sixth slot this spring. With his quick ascent, Castro has moved to the fourth position on BA’s list and number five on MLB.com’s latest ranking.

Finally, Tinoco has enhanced his stock by working to a 3.54 ERA over 81 1/3 innings at the Class A level this year, striking out 7.5 and walking 2.4 batters per nine. Even before that promising showing, he landed 16th on the pre-season Blue Jays prospect list of Kiley McDaniel of Fangraphs. Tinoco can run his fastball up into the upper nineties and has two promising secondary offerings with good feel on the mound, per McDaniel, who indicates that the youngster has a good deal of upside.

As eye-opening as the transaction was for the Rockies, it’s arguably just as shocking — for different reasons — from the Jays’ perspective. Toronto has struggled with pitching all year, but has a highly productive lineup. Reyes was earning big money to play shortstop, and the rest of the infield was filled with productivity, including recent major trade acquisition Josh Donaldson — who rates as the game’s best third baseman — and first baseman/DH Edwin Encarnacion. (Notably, those sluggers, outfielder Jose Bautista, and numerous other key contributors are all right-handed hitters, as is Tulowitzki.)

Toronto will add a reliever to its mix in Hawkins, but he’s more of a sturdy presence than a shut-down arm. The 42-year-old owns a 3.63 ERA with 8.1 K/9 against 1.6 BB/9 over 22 1/3 innings on the year. It’s hard to believe at his age, but he’s compiled a 3.11 earned run average over 237 2/3 frames dating back to 2011.

Despite the fact that the Jays dealt away two promising young arms, it seems likely that the seemingly all-in club will use additional pieces to add a starter. But with one out-of-nowhere move now completed, it remains to be seen whether something even more creative could go down.

Blue Jays GM Alex Anthopoulos has pulled off his share of stunners over the years, with the deal that brought Reyes to Toronto ranking high among them. But after dealing for Donaldson, signing Russell Martin, and now adding one of the game’s best-known stars in Tulowitzki, Anthopoulos and his club are fully committed to win now in a manner not previously seen.

Ken Rosenthal of FOX Sports first reported the deal (links to Twitter). Jon Heyman of CBSSports.com was first to report that no money would be exchanged (Twitter links) and that three minor leaguers were in the deal. Bob Elliott of the Toronto Sun first noted Hoffman’s likely inclusion, via Twitter, with Thomas Harding of MLB.com tweeting that he would in fact be in the deal. Jon Morosi of FOX Sports was first to suggest that Castro was likely going to Colorado, on Twitter, with Heyman tweeting that he was a part of the package. Heyman tweeted Tinoco’s involvement. Rosenthal noted on Twitter that Tulowitzki would receive an assignment bonus and no-trade protection by virtue of being dealt.

Photo courtesy of USA Today Sports Images.

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