Royals acquire Jason Frasor from Rangers

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The last-place Rangers have started to sell off veterans, trading reliever Jason Frasor to the Royals for minor leaguer Spencer Patton.

Frasor has a lengthy track record as a solid setup man with a sub-3.70 ERA in five of the past six years, including a 3.34 ERA and 30/14 K/BB ratio in 30 innings this season at age 36. He’s owed around $750,000 for the remainder of this season as part of a cheap one-year deal.

Patton is a 26-year-old Triple-A reliever, so there isn’t a whole lot of upside to be had, but he does have 60 strikeouts in 47 innings this season and 303 strikeouts in 225 innings as a pro. He could potentially step into Frasor’s old role in the Rangers’ bullpen and give Texas some value in 2015 and beyond.

Expect the Rangers to shop left-hander Neal Cotts next, as he’s another impending free agent reliever who could help contenders down the stretch.

The deadline is 8 PM ET Monday for Shohei Ohtani situation to be resolved

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Last Thursday, we learned that the MLBPA was challenging the Nippon Professional Baseball posting system, delaying Japanese superstar Shohei Ohtani’s move to Major League Baseball. The latest collective bargaining agreement removed a lot of the incentive for players to come to the U.S. by capping pay. Ohtani, for example, can only receive a signing bonus between $300,000 and $3.53 million while his team — the Nippon Ham Fighters — would receive $20 million for posting him.

Jon Morosi reports that the deadline for this issue to be resolved is 8 PM ET on Monday evening. He notes that key NPB officials have worked through the night in Japan to try to reach a resolution. It is possible that even if no agreement is reached, the deadline could be pushed further back.

Ohtani, 23, has become a heralded hitter and pitcher in Japan. At the plate over his five-year career, he has compiled a .286/.358/.500 triple-slash line with 48 home runs and 166 RBI in 1,170 plate appearances. On the mound, he has a 2.52 ERA with a 624/200 K/BB ratio across 543 innings.