UPDATE: Angels trade Jeff Mathis to Blue Jays for Brad Mills

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UPDATE: Mike DiGiovanna of the Los Angeles Times confirms that the deal is done.

12:10 PM: Ken Rosenthal of FOXSports.com reports that the Angels are on the verge of trading catcher Jeff Mathis to the Blue Jays for left-hander Brad Mills.

The Angels acquired Chris Iannetta from the Rockies earlier this week, which made Mathis a virtual lock to be non-tendered. The 28-year-old backstop stands to make close to $2 million in his second year of arbitration, so it’s a wonder why the Blue Jays didn’t just wait to see if he hit the free agent market. I could be wrong here, but I can’t imagine teams were falling over themselves for a .194 career hitter whose defensive contributions can be overstated at times. Anyway, he’ll serve as the backup to J.P. Arencibia next season.

Mills, who turns 27 in March, has an 8.57 ERA and 45/31 K/BB ratio over 48 1/3 innings in brief stints with the Blue Jays over the past three seasons. He has regularly posted impressive numbers in the minor leagues, but barely cracks the mid-80s with his fastball. Perhaps he’ll have a better chance to succeed in the more favorable pitching environment in Anaheim. Hey, at least Dipoto got something of value in return for someone who was going to be non-tendered. That’s a win in my book.

Report: Giants in “serious discussions” with Reds to acquire Billy Hamilton

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Zach Buchanan of the Cincinnati Enquirer reports that the Giants are engaged in “serious discussions” with the Reds to acquire center fielder Billy Hamilton. Talks are apparently advanced enough that a deal could be completed before the end of the Winter Meetings on Thursday.

It’s no secret that the Giants would like to make an upgrade in the outfield this offseason, as the club has also been linked to Red Sox center fielder Jackie Bradley, Jr. Currently, the Giants’ outfield consists of Denard Span, Hunter Pence, and Jarrett Parker.

Hamilton, 27, owns a meager .248/.298/.334 batting line across parts of five seasons in the majors with the Reds. However, he has plenty of speed, having stolen at least 56 bases in each of the last four seasons. Hamilton is also well-regarded for his defense, which would be a boon at spacious AT&T Park.

Hamilton is in his second of three years of arbitration eligibility. He’s projected to earn $5 million for this coming season. Buchanan notes that the Rangers are also interested in potentially acquiring Hamilton.