The Royals trade Wil Myers and Jake Odorizzi to Tampa Bay for James Shields and Wade Davis

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UPDATE: Yes, this is much bigger. The Royals have made an official announcement:

My first take was that this was a “big, big gamble.” Now that we know we know that the Royals have thrown in Jake Odorizzi, it goes from “gamble” to “malpractice.”

Odorizzi pitched two games in Kansas City in 2012, but his work on the farm has been quite nice. In 145 total innings across Double and Triple-A in 2012, Odorizzi posted a 3.03 ERA and 135/50 K/BB ratio. And he’s just 22.

To sum up: the Royals gave up a top slugging prospect and a guy who figures to be a number three starter — each of whom are under team control for six years — for a veteran starter who is under team control for two years max, and a swingman who, one would assume, the Royals want to start again.

I think it’s quite possible that this trade makes the Royals better in the short term and, likewise, may make the Rays worse in the short term. But it’s not going to make the Royals good enough to seriously contend in that short term and really kills them in the long term.

Not liking this deal from the Royals perspective. Not liking it at all.

11:12 PM: This is just breaking and we don’t have all the details yet, but Mark Topkin of the Tampa Bay Times is reporting that the Rays have traded James Shields and Wade Davis to the Kansas City Royals for outfield prospect Wil Myers.  Jerry Crasnick of ESPN, however, is reporting that there is more to this deal than just those three players and it may involve several more players.

Not that it isn’t large already. Any trade involving Myers, who is one of the top prospects in all of baseball, is a big deal. Myers, who turns 22 on Monday, hit .314/.387/.600 with 37 homers and 109 RBI between Double- and Triple-A last season. He strikes out a lot, but is one of the stronger power prospects to come around in a long time.

Shields needs no introduction. He’s a seven-year veteran who went 15-10 this past season with a 3.52 ERA. While never a Cy Young caliber pitcher, he has tossed over 200 innings a year — sometimes a lot more than 200 in a year — every season since 2007.  Davis was once a starter but was moved to the pen last year and it did him wonders: 70 and a third innings in 54 appearances in which he posted a 2.43 ERA and struck out 11.1 batters per nine innings. He seems a way better bet as a reliever than being turned back into a starter, if Kansas City has that in mind.

Overall, though, this is a big, big gamble for the Royals. They are sending away a truly elite power prospect who has yet to log a day of major league service time for two veteran pitchers, neither of which is a real game-changer for them, even if it does make their pitching more respectable. It strikes me, though, that adding Will Myers to the lineup would do more to improve the Royals’ outlook than adding a reliever and a number two starter.

Brandon McCarthy wins final spot in Dodgers’ rotation

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We learned on Monday that Hyun-Jin Ryu won one of the final two spots in the Dodgers’ starting rotation. Brandon McCarthy has won the other, Bill Plunkett of the Orange County Register reports. Alex Wood was McCarthy’s competitor for the spot.

McCarthy, 33, posted a 4.85 ERA across four appearances spanning 13 innings this spring, yielding seven earned runs on 14 hits and a walk with seven strikeouts. Wood, a southpaw, gave up five earned runs in six innings against the Reds on Tuesday, which might have factored into the decision.

Last season, McCarthy made nine starts and one relief appearance, posting a 4.95 ERA with a 44/26 K/BB ratio in 40 innings. In the event McCarthy falters, the club has Wood as well as Julio Urias and the injured Scott Kazmir as potential replacements.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.