Fake trade: James Shields to Cincinnati for Yonder Alonso

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(The following is not a done deal or even a valid rumor and should not be treated as such.)

Reds acquire RHP James Shields and RHP Kyle Farnsworth from the Rays for first baseman Yonder Alonso and catcher Yasmani Grandal.

Courtesy of Yahoo’s Tim Brown comes the rumor that the Reds have started shopping top prospect Yonder Alonso in their hunt for a closer or a No. 2 starter. He lists Tampa Bay as one of the teams that GM Walt Jocketty has talked to.

The Rays have six major league starters. Neither Wade Davis nor Jeff Niemann is worth Alonso alone, while Matt Moore, David Price, Jeremy Hellickson and Shields all appear to be too valuable to trade straight up for Alonso. That’s where Grandal comes in. The 2010 first-round pick is one of the game’s top five catching prospects, but he has an even better young catcher ahead of him in Devin Mesoraco. The Reds still aren’t going to be in any hurry to give him up, but it would make some sense to part with both of their blocked youngsters for a big-time starter like Shields.

Why it works for the Rays: Moore could very well turn into one of the AL’s best starters next year, giving Tampa Bay one of the game’s top rotations even without Shields in the fold. Alonso immediately steps into the vacancy at first base left by Casey Kotchman’s departure. He probably won’t turn into an All-Star at such a loaded position, but he shouldn’t be too far off with his strong bat. Grandal isn’t quite ready yet, but he’ll likely be ready to overtake John Jaso in 2013.

I have the Rays giving up Farnsworth, too. While he was an excellent closer last season, it’s hardly a given that he’ll keep it up and the Rays should be able to replace him easily in a deep relief market.

Why it works for the Reds: It’s painful giving up 12 years of Alonso and Grandal for three of Shields and one of Farnsworth, but they don’t have a lot of use for either youngster right now and it’d be quite a blow to trade one of the game’s best players in Votto to make room for Alonso. The trade certainly has the potential to make the Reds a whole lot better if Shields and Farnsworth come close to duplicating their 2011 success. Also, the money isn’t bad at all. The Reds would get their ace and their closer for a combined $10.8 million in 2012, which should still leave them with some financial flexibility going forward. Shields’ contract is also reasonable beyond that: there are team options worth $9 million-$10 million for 2013 and $12 million-$14 million in 2014.

Why it won’t happen: One factor the Reds would have to be awfully nervous about: while Shields and Farnsworth combined for a 2.70 ERA in 307 innings last season, they came in at 4.74 in 268 innings during 2010. The Reds might want to hold out for Shields for Alonso straight up.

Report: Mets have discussed a Matt Harvey trade with at least two teams

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Kristie Ackert of the New York Daily News reports that the Mets have discussed a trade involving starter Matt Harvey with at least two teams. Apparently, the Mets were even willing to move Harvey for a reliever.

The Mets tendered Harvey a contract on December 1. He’s entering his third and final year of arbitration eligibility and will likely see a slight bump from last season’s salary of $5.125 million. As a result, there was some thought going into late November that the Mets would non-tender Harvey.

Harvey, 28, made 18 starts and one relief appearance last year and had horrendous results. He put up a 6.70 ERA with a 67/47 K/BB ratio in 92 2/3 innings. Between his performance, his impending free agency, and his injury history, the Mets aren’t likely to get much back in return for Harvey. Even expecting a reliever in return may be too lofty.

Along with bullpen help, the Mets also need help at second base, first base, and the outfield. They don’t have many resources with which to address those needs. Ackert described the Mets’ resources as “a very limited stash of prospects” and “limited payroll space.”