Royals have discussed trading prospect Wil Myers for James Shields or Jon Lester

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UPDATE: Rob Bradford of WEEI.com confirms that the Red Sox and Royals have talked about a possible Lester-for-Myers swap. The two clubs have also discussed scenarios that would send outfield help to Kansas City and pitching to Boston, but nothing is considered close.

8:34 PM: We heard late last week that the Royals have dangled top prospect outfielder Wil Myers in trade talks as they try to land a top starting pitcher. Now we have some more specifics.

According to Bob Dutton of the Kansas City Star, the Royals have discussed flipping Myers in deals involving Rays right-hander James Shields and Red Sox left-hander Jon Lester.

While the Royals are reluctant to deal him, it appears doing so could net either Shields or Lester, each of whom was an All-Star as recently as 2011. The problem: Both are expensive and on track to become free agents in two years.

Both deals have been discussed, but neither appears close at the moment. Other players could be involved, but the basic framework would be Myers for one of the two pitchers. At this point, all sides — the Royals, Rays and Red Sox — remain hesitant.

And rightfully so, especially from the Royals’ perspective. While general manager Dayton Moore appears determined to add a frontline starting pitcher to complement Jeremy Guthrie and Ervin Santana, trading one of the top position prospects in the game for two years of team control on Shields or Lester isn’t an ideal scenario. Not to mention that the Royals would likely have to find a way to move some salary off the books in order to acquire either of them.

Shields, who turns 31 next month, posted a 3.52 ERA and 223/58 K/BB ratio over 227 2/3 innings this past season. He’s set to make $9 million in 2013 while his contract includes a $12 million club option for 2014.

As for Lester, he’s coming off a down year where he posted a career-high 4.82 ERA and 166/68 K/BB ratio over 205 1/3 innings. The southpaw turns 29 in January and is set to make $11.625 million in 2013. His contract includes a $13 million club option for 2014, but he can void it if he is traded and finishes either first or second in the Cy Young balloting in 2013.

Report: Rangers’ deal with Seung-hwan Oh is off

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The Rangers will not sign free agent reliever Seung-hwan Oh after all. Reports from MLB.com’s TR Sullivan indicate that negotiations were brought to a halt after a physical issue was found with the pitcher. While the specifics have yet to be released, Evan Grant of the Dallas Morning News says the issue was revealed on an MRI of the right-hander’s arm.

Oh was thought to be in talks with the Rangers last week, though a deal was never officially announced by the club. The 35-year-old righty is fresh off of a two-year run with the Cardinals, during which he posted a cumulative 39 saves, 2.85 ERA, 2.1 BB/9 and 10.2 SO/9 in 139 innings. He struggled with consistency in his sophomore season, however, and finished 2017 with a disappointing 4.10 ERA and 4.44 FIP in 62 appearances for the team.

While Oh hasn’t experienced any setbacks with his arm in the majors so far, he does have a history of prior injuries during his time in KBO. He sustained a shoulder injury in 2009 and underwent surgery to remove bone spurs from his elbow in 2010. It’s possible that the Rangers saw an entirely different problem on the MRI, but clearly it was enough to give them strong reservations about inking the righty to a $2.75+ million deal. It’s still possible that another of Oh’s suitors will offer him a contract prior to Opening Day; the Giants were rumored to be interested in the veteran reliever, among other teams, though their recent acquisition of lefty reliever Tony Watson will likely take them out of the running now.