Pirates agree to trade Joel Hanrahan to the Red Sox

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UPDATE, SUNDAY: The Pirates will also get right-handed reliever Mark Melancon from the Red Sox, according to Bowden. Heyman says there’s “still some discussion” about the remaining players involved so negotiations may run past Christmas.

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SATURDAY, 5:02 PM: Heyman reports that it’s a six-player deal, with four going to Pittsburgh and two going to Boston.

4:55 PM: Rob Biertempfel of the Pittsburgh Tribune-Review reports that the Pirates are sending another player to Boston along with Hanrahan. Meanwhile, Michael Sanserino of the Pittsburgh Post-Gazette hears that the Pirates will get more than two players in return.

4:32 PM: Bowden reports that the deal has been agreed upon. It’s not clear if other players are involved.

4:27 PM: Bowden hears that the Pirates will get Jerry Sands and prospect right-hander Stolmy Pimentel in the proposed deal.

Pimentel, who turns 23 in February, has a 4.37 ERA over six seasons in the minors. He posted a 4.59 ERA and 86/42 K/BB ratio over 115 2/3 innings with Double-A Portland this past season. Baseball America ranked him as the organization’s No. 6 prospect prior to the 2011 season, but his star has faded a bit since.

3:44 PM: Jim Bowden of ESPN.com and MLB Network Radio on Sirius XM reports that the Pirates would acquire Jerry Sands as part of the return for Hanrahan. CBS Sports’ Jon Heyman was the first to mention that Sands could be involved.

Sands was acquired as a player to be named later in the August blockbuster trade with the Dodgers. The 25-year-old has posted some big numbers in the minors, particularly in the Pacific Coast League over the last two seasons, but he owns a .244/.325/.376 batting line over 251 plate appearances in the big leagues. A right-handed hitter with pop, he might fit best as a platoon player at first base or in the outfield. If acquired, the Pirates would have quite the logjam.

2:05 PM: There has been speculation that prospect infielder Jose Iglesias might go to Pittsburgh in the deal, but Jon Heyman of CBS Sports hears that he’s not involved in talks.

1:31 PM: After shopping closer Joel Hanrahan for most of the winter, it appears the Pirates have finally found a match.

According to Gordon Edes of ESPN Boston, the Red Sox are moving toward acquiring Hanrahan from the Pirates. It’s not a done deal yet, as one official told Edes that there’s “still work to be done.” It’s not known who the Pirates would get in return.

Hanrahan has saved 76 games over the past two seasons and would offer some insurance for Andrew Bailey, who has been injury-prone during his career and missed most of last season following thumb surgery. The 31-year-old right-hander earned $4.1 million in 2012 and is due a big raise in arbitration this winter. He can become a free agent following the 2013 season.

If the Pirates trade Hanrahan, Jason Grilli will likely take over as closer next season. He recently signed a two-year, $6.75 million contract in order to stay with Pittsburgh.

Giancarlo Stanton will defend his Home Run Derby title

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The Marlins announced on Sunday that outfielder Giancarlo Stanton will defend his Home Run Derby title when the city of Miami host’s the All-Star Game festivities next month.

Stanton, 27, defeated Todd Frazier in the finals of last year’s Home Run Derby at Petco Park, hitting 20 home runs to Frazier’s 13. Stanton hit a total of 61 home runs in the Derby. This will be the third Home Run Derby in which Stanton has participated.

Stanton also went 1-for-3 with a solo home run to help the Marlins defeat the Cubs 4-2 on Sunday. He’s now batting .274/.357/.551 with 20 home runs and 49 RBI in 311 plate appearances.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.