There may be a big three-way trade coming

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ESPN’s Jerry Crasnick is one of the most trusted reporters in the business. Here’s his latest tweet:

Arizona has been shopping Ian Kennedy to free up cash for a serious run at Jake Peavy, so a three-way trade would make things simple for them. Kennedy, a struggling 28-year-old with a couple of good seasons under his belt, makes for a nice reclamation project for the pitching-needy Halos. The White Sox would presumably get a big prospect (or two) from the Diamondbacks and a mid-level prospect (or two) from Anaheim. Right now it’s only “buzz.” If the rumor grows, we’ll pass along the updates.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.