Derek Lowe traded to the Indians

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We weren’t expecting that.

Jon Heyman reports that the Braves have traded Derek Lowe to the Cleveland Indians. Buster Olney says that the Braves will eat $10 million of the $15 million left on Lowe’s contract and that the Indians will send back “second tier” player(s) in return. UPDATE: The player going from Cleveland to Atlanta is left handed reliever Chris Jones. No, I dunno either.

Lowe had a horrendous 2011 season, going 9-17 with a 5.05 ERA and a WHIP of 1.508, though there is some suggestion that he was a touch better than that record and ERA would lead you to believe. Still, he’s not been good and he’s in a downward trajectory, as a good late run in 2010 helped salvage what, to that point, had been an equally suspect season.

It would appear that the best thing Lowe has going for him right now is durability, in that he’s made at least 32 starts a year for a solid decade. Which, while not nothing, is not much to pin one’s hopes on. Lowe will turn 39 on June 1st, after all, so you can’t really count on him having too many more bounceback seasons, can you?

That said, for the Indians, a $5 million gamble is not a terrible one. For the Braves, not having Derek Lowe throw actual pitches in baseball games and saving $5 million is pretty OK under the circumstances too.  So, while it’s too much to call this “win-win” we can probably call it “not-lose-not-lose.”

Report: Red Sox sign J.D. Martinez

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Update (5:16 PM ET): ESPN’s Pedro Gomez is reporting that the deal is final.

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Jon Heyman of FanRag Sports reports that the Red Sox and outfielder J.D. Martinez are close to a deal. He takes care to note that the deal is not done yet and the details are not known yet.

Martinez, 30, entered the offseason as the top free agent hitter. Last season, between the Tigers and Diamondbacks, he hit a lusty .303/.376/.690 with 45 home runs and 104 RBI in 489 plate appearances. He missed the first 33 games of the season with a sprained right foot; one wonders what his numbers might’ve been like if he hadn’t been injured.

The Red Sox were the team most strongly linked to Martinez throughout the offseason, despite the relatively slow-moving market. Martinez said he wants to play in the outfield and the Red Sox are currently spoken for at all three positions with Andrew Benintendi, Jackie Bradley, and Mookie Betts. Hanley Ramirez is also penciled in at DH. Should the Martinez deal become official, the Red Sox may try to trade Bradley and move Benintendi to center field. If Martinez is willing to concede his outfield wishes, the Red Sox could slot him in at DH and move Ramirez to first base.

The AL East is shaping up to be a familiar two-horse race between the Red Sox and Yankees. The addition of Martinez, in a way, answers the Yankees’ addition of Giancarlo Stanton.