Mat Latos

Padres net a huge haul from Reds in return for Mat Latos


The Padres weren’t looking to trade their 24-year-old ace, but there’s simply no way that they could turn this down.

Cincinnati sent 1B/OF Yonder Alonso, C Yasmani Grandal, RHP Edinson Volquez and RHP Brad Boxberger to San Diego for RHP Mat Latos in a trade announced Saturday.

In return, the Reds get one of the game’s most promising young pitchers to head a rotation also set to include Johnny Cueto, Bronson Arroyo, Homer Bailey and either Mike Leake, Aroldis Chapman or Travis Wood. Latos is 27-29 with a 3.37 ERA in since debuting with the Padres in 2009. He’ll make close to the minimum next year and he’s four years away from free agency, making him a very valuable property.

Still, this looks like a pretty classic overpay from a frustrated GM in Walt Jocketty. The Reds’ plans had been stifled all winter to date. Now Jocketty has resorted to using the Reds’ two-best trade chips, their still tantalizing reclamation project and one of the game’s best relief prospects, all in the same deal.

Alonso, the seventh overall selection in the 2008 draft, excelled in his time in the majors last season, batting .330/.398/.545 in 88 at-bats. His minor league numbers were more good than great, so he’s probably not a future All-Star. However, he projects as a nice regular at first base and the Padres will have him under control for six years. What that means for fellow top prospect Anthony Rizzo still has to be figured out. Alonso could be stashed in left field at some point or maybe he gets traded again. For now, he’ll probably start at first, with Rizzo returning to Triple-A.

Grandal, the 12th overall pick in the 2010 draft, is one of the game’s top five catching prospects, but he was blocked by an even better one in Cincinnati in Devin Mesoraco. He hit .296/.410/.510 in 206 at-bats in high-A and .301/.360/.474 in 156 at-bats in Double-A last season. He also projects as an above average defender. He’s going to need a year in Triple-A, but his arrival makes Nick Hundley expendable in San Diego.

Volquez, 28, went 17-6 with a 3.21 ERA for the Reds in 2008 before undergoing Tommy John surgery in 2009 and getting hit with a 50-game PED suspension during his rehab. Things seemed fine after he returned in 2010, but he struggled mightily last season, going 5-7 with a 5.71 ERA and 65 walks in 108 2/3 innings. Volquez still has his old velocity, so the upside is there if he can start throwing more strikes. He’ll make about $1.8 million next year and he’s under control through 2013, so he still qualifies as a pretty nice pickup.

Boxberger is the lesser name in the deal, but he was looking like a potential closer of the future for the Reds. The 2009 supplemental first-round pick had a 2.03 ERA and a 93/28 K/BB ratio in 62 inings between Double- and Triple-A last season. Boxberger throws 92-95 mph and has a surprisingly good changeup to go along with his slider. He could win a spot in the Padres bullpen next spring and become one of the team’s top relievers quickly.

So, the Reds got their impact player, and that counts for something in an NL Central that’s looking pretty winnable with Albert Pujols and Prince Fielder departing. Latos is no Petco creation — he has a lifetime ERA of 3.57 on the road — and he still has the potential to take his game up a notch. It’s just that the cost was huge, and while the Reds didn’t give up anyone they looked at as a key player for 2011, they certainly hindered their ability to make future trades by giving up four quality properties here. Score one for the Padres. When teams say they’re not going to trade a player unless their bowled over, this is precisely the kind of deal they have in the back of their minds.

Orioles have reached out to Yovani Gallardo

Yovani Gallardo
AP Photo/Tony Gutierrez
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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.