Red-hot Ted Lilly goes on trade waivers

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Ted Lilly, who has gone 5-0 with a 1.83 ERA since the Dodgers picked him up from the Cubs before the July 31 deadline, has been placed on revocable waivers, according to FOXSports.com’s Ken Rosenthal.
It’s just like the Manny Ramirez situation, in that that Dodgers would have the opportunity to get a trade done with the team awarded a claim on his services.
In this case, though, there’s no real chance that Lilly will clear waivers or even make it through the NL. Lilly has just over $2 million left on his contract, so even the long shot NL teams on the brink of contention: the Mets, Marlins and Rockies included, could put in claims before teams like the Phillies or Cardinals even have a shot.
The Dodges are just five games back in the wild card themselves, so there’s a good chance they’ll just end up holding on to him. GM Ned Colletti told USA Today’s Bob Nightengale Friday that he’s “not inclined to move anyone so long as we have a chance.”
The Dodgers should have interest in re-signing Lilly this winter anyway, and it’s possible they’ll get draft picks if he leaves, though that would require the somewhat risky move of offering him arbitration.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.