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Junk swap! Rockies trade Jeremy Guthrie to Royals for Jonathan Sanchez

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Imagine two families holding garage sales across the street from one another. Sunday afternoon rolls around and all the good stuff is long gone, most of the decent stuff is sold too, and only a few beat up, worn out, and largely undesirable items remain.

Someone from the first family yells across the street to the second family and says, “Hey, I’ll give you all my leftover junk for all your leftover junk.”

After thinking about it, someone from the second family replies: “OK, whatever. We were just going to throw it all out anyway, I guess.”

In related news, Jon Morosi of FOXSports.com reports that the Rockies have traded Jeremy Guthrie and his 6.35 ERA to the Royals for Jonathan Sanchez and his 7.76 ERA.

For weeks now the Rockies have made no secret about wanting to rid themselves of Guthrie, believing he’s particularly ill-suited for Coors Field. And last week the Royals mercifully designated Sanchez for assignment after he was the worst pitcher in baseball for a dozen starts, likely only sticking with him for that long because they traded Melky Cabrera to get him this offseason.

Guthrie was a solid, durable mid-rotation starter for the Orioles as recently as last season, so it makes plenty of sense that the Royals be willing to take on his $8.2 million contract in exchange for Sanchez’s $5.6 million deal. Sanchez hasn’t been healthy and effective since 2010 and words can’t do justice to how awful he’s been this season, but from the Rockies’ point of view at least he’s the junk from across the street and once upon a time had some upside.

Report: Mark Trumbo signs three-year, $37.5 million contract with Orioles

TORONTO, ON - OCTOBER 04:  Mark Trumbo #45 of the Baltimore Orioles runs the bases after hitting a two-run home run in the fourth inning against the Toronto Blue Jays during the American League Wild Card game at Rogers Centre on October 4, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
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Update #2 (6:21 PM EST): Make that $37.5 million, per Heyman.

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Update (6:02 PM EST): The deal is for “around” $37 million with deferrals that lower the present-day value, per Jeff Passan of Yahoo Sports.

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Jon Heyman of FanRag Sports reports that free agent 1B/OF Mark Trumbo is close to a deal with the Orioles. He first reported that the two sides were back in touch earlier on Thursday afternoon. According to Ken Rosenthal of FOX Sports, the deal is expected to be for three years and under $40 million.

Trumbo’s market hasn’t developed as he expected. The slugger turned down the Orioles’ $17.2 million qualifying offer back in November. Then the Orioles reportedly made a four-year contract offer to him in December but pulled it off the table. Most recently, a report indicated that Trumbo lowered his expectations to a three-year deal in the $40-50 million range.

Trumbo, 31, led the majors with 47 homers for the Orioles this past season. He also hit a solid .256/.316/.433 with 108 RBI in 667 plate appearances. With Trumbo back in the fold and some slight offensive upgrades made, the Orioles figure to have a formidable offense in 2017.

Astros avoid arbitration with Mike Fiers

SEATTLE, WA - SEPTEMBER 17: Starting pitcher Mike Fiers #54 of the Houston Astros walks to the dugout after pitching an inning during a game against the Seattle Mariners at Safeco Field on September 17, 2016 in Seattle, Washington. The Astros won the game 2-1. (Photo by Stephen Brashear/Getty Images)
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The Astros avoided arbitration with pitcher Mike Fiers, agreeing on a $3.45 million salary for the 2017 season, per Jake Kaplan of the Houston Chronicle. The right-hander was in his first of three years of arbitration eligibility.

Fiers, 31, made 30 starts and one relief appearance for the Astros in 2016. He finished the year with a 4.48 ERA and a 134/42 K/BB ratio in 168 2/3 innings.

Fiers had a much better showing in 2015 as well as in limited action in 2014, so the Astros are hoping he rediscovers that effectiveness going forward. He’ll slot into the back of the starting rotation.