The Rangers are working hard to get Roy Oswalt


UPDATE:  Now the Fort Worth Star-Telegrams is calling applesauce on my report.  GM Jon Dainels didn’t directly deny it, but he did say “you can probably figure this one out,” suggesting that it’s not happening.

And as I said before, there is a difference between a deal happening and one being discussed. I stand by my report that the Astros and Rangers have talked about a deal and got fairly far along in the process. I also acknowledge — as I did earlier — that making such a deal would be outrageously difficult given the Rangers’ financial constraints.

For those of you calling the whole thing into question, I had some things to say in the comments with respect to my philosophy about dealing in the trade rumors game. Short version: sometimes people are wrong, sometimes people are right. Quite often there’s no telling who was wrong and who was right (e.g an the lack of an Oswalt-to-the-Rangers trade does not debunk my report that there were talks of one).

My view is that I pass on what I hear from credible sources (and my source for the Oswalt report is credible), attempt to give enough context to the information I’ve received to where people can at least attempt to judge it on its merits and do my best not to oversell what I’m hearing, which is what I’ve done here.  Finally, if things turn out to be wrong, I try to do my best to get the right information out there, which is also what I’ve done here.

5:33 P.M:  Buster Olney tweets that he’s spoken with a highly placed Rangers source and that there’s “nothing to it.” Meaning my report.  I’ll obviously keep looking into it, but at this point we’ve certainly got to say there are conflicting reports.

4:52 P.M.: A major league source is telling me that the Rangers have been talking to the Astros about Roy Oswalt and that the teams are “getting closer” to having a deal in place.  It’s not yet clear which player(s) would be coming back from Texas to Houston, but my understanding is that the live bodies part of the deal is more or less agreed to.

But in place is not the same thing as done: the sticking point: the Rangers are trying to convince Major League Baseball — who holds the purse strings until the sale of the Rangers is complete — to allow them to take on Oswalt’s salary.

It’s also unclear — but I’m sure some of my bankruptcy expert readers could tell me — if the bankruptcy court would have to give approval for the Rangers to take on new obligations in such a deal.  On the one hand Oswalt’s salary represents a boatload of money and the Rangers are in bankruptcy. On the other hand, a bankruptcy court tends not to oversee the normal hiring and firing of employees of bankrupt companies that are otherwise going concerns.

Whether it’s just MLB or MLB+bankruptcy court signoff that is required, such a deal will take some serious begging. As everyone knows, Oswalt is owed pro-rate $15 million this year, $16 million next year and a $2 million buyout if his 2012 option — which is also worth $16 million — isn’t picked up.  Meanwhile, Major League Baseball currently has a line of credit out to the Rangers just so they can cover expenses on the team. A team that is in bankruptcy, by the way.

So yes, there are a lot of “ifs” here at the moment. But unlike the multiple reports we’ve seen in the past several days regarding where Roy Oswalt would theoretically allow himself to be traded, we know right now that there are at least two teams — the Rangers and the Astros — who would like to see him pitching in the Dallas Metroplex, complicated financial considerations willing.

Orioles have reached out to Yovani Gallardo

Yovani Gallardo
AP Photo/Tony Gutierrez

From Jon Heyman of CBS Sports comes word that the Orioles “like” free agent starter Yovani Gallardo and “have reached out to him” to gauge his interest in coming to Baltimore and what that might cost.

Gallardo rejected a one-year, $15.8 million qualifying offer from the Rangers earlier this month and so his free agency is tied to draft pick compensation, but that shouldn’t hurt his bottom line all that much.

The 29-year-old right-hander posted a solid 3.42 ERA in 184 1/3 innings (33 starts) this past season for Texas and he pitched well in his one ALDS start.

Heyman reported a few weeks ago that the Diamondbacks are interested, and the Cubs, Blue Jays, and Dodgers were tied to him just ahead of the July 31 trade deadline.

Cubs, Cardinals, Giants, Dodgers, and Red Sox all showing serious interest in David Price

AP Photo/Tim Donnelly

David Price has expressed a desire to return to Toronto, where he finished out the 2015 season, but FOX Sports’ Ken Rosenthal writes Wednesday that the Blue Jays “are not expected to be a major factor in his free agency.”

The teams that should be considered serious suitors, per Rosenthal, are the Cubs, Cardinals, Giants, Dodgers, and Red Sox — all deep-pocketed teams looking to contend in 2016. Money is apparently the issue for the Blue Jays, who are currently owned by Rogers Communications.

Price registered an outstanding 2.45 ERA, 1.076 WHIP, and 225/47 K/BB ratio in 220 1/3 innings (32 starts) this past season between the Tigers and Jays, finishing second in the American League Cy Young Award race behind Dallas Keuchel of the Astros.

The 30-year-old left-hander is probably looking for a six- or seven-year contract worth more than $25 million per season. He is represented by agent Bo McKinnis.

Marlins have begun extension talks with Dee Gordon

Dee Gordon
AP Photo/Alex Brandon

Barry Jackson of the Miami Herald wrote three weeks ago that the Marlins were probably going to explore an extension this winter with second baseman Dee Gordon. And it sounds like those talks are underway.

Via beat writer Joe Frisaro of

As a guest on MLB Network’s “Hot Stove” show Wednesday morning, Gordon confirmed his camp has been in talks with the Marlins regarding a multiyear deal. A source told that the discussions are preliminary and have just recently started.

“My agent is doing the talking,” Gordon said on the show. “They’re just keeping me in the loop. I think it’s going pretty well right now. We’ll see how that goes. I’m just playing the waiting game. We’re going to do the right thing.”

The 27-year-old carries three more seasons of salary arbitration, so there’s no real rush to get something done before next spring. Gordon carries quite a bit of leverage after posting a career-best .333/.359/.418 slash line in 145 games this past season for the Fish. He led all major leaguers in hits (205) and stolen bases (58).

Braves sign Bud Norris to one-year contract

Bud Norris

Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of says it’s worth $2.5 million, which is a huge cut from his $8.8 million salary this year.

Norris had established himself as a solid mid-rotation starter from 2009-2014, but had a brutal 2015 season split between the Orioles and Padres with a 6.72 ERA in 83 innings and a late-season move to the bullpen.

In announcing the signing the Braves referred to Norris as a starting pitcher, so joining the rotation for a rebuilding team gives him a chance to get his career back on track with an eye on hitting the open market as a free agent again next offseason. And if he fares well, the Braves could use him to add a prospect or two at the trade deadline.