Red Sox trade John Lackey to Cardinals for Allen Craig and Joe Kelly

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Not satisfied with adding Justin Masterson to the rotation yesterday, the Cardinals have added another veteran starter by acquiring John Lackey from the Red Sox. And, much like Boston’s deal to get Yoenis Cespedes from Oakland for Jon Lester, the Red Sox have prioritized the present by getting veterans Allen Craig and Joe Kelly in exchange.

[MORE: Trade deadline tracker]

Not only has Lackey bounced back from a lost 2012 season with two consecutive solid years as a mid-rotation starter in Boston–posting a 3.55 ERA in 50 total starts since last season–he’s under contract for 2015 at the bargain price of $500,000 thanks to an odd wrinkle in his original deal with the Red Sox.

In return the Red Sox get a rotation replacement for Lackey in the 26-year-old Kelly, who has a 3.25 ERA in 38 career starts. However, his modest 6.5 strikeouts per nine innings in the National League are reason for skepticism that he’ll thrive long term, especially in the American League.

[MORE: Breaking down the Jon Lester-Yoenis Cespedes trade]

Craig had three straight excellent seasons for the Cardinals, hitting a combined .312 with an .863 OPS in 328 games from 2011-2013, but he’s collapsed this year at age 29 with a .638 OPS and has three years and $25 million left on his contract. St. Louis has stud prospect Oscar Taveras ready to replace Craig in the outfield and in the lineup.

Boston is betting on a big bounceback from Craig and Kelly’s ability to step into Lackey’s rotation spot with similar results. St. Louis is betting on Taveras developing into a star, Lackey being better than Kelly for the next one-and-a-half seasons, and Craig staying on the decline heading into his thirties. It’s a helluva interesting deal.

Jonny Venters is still pitching

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Lefty reliever Jonny Venters was among a handful of players the Rays signed to minor league contracts, Marc Topkin of the Tampa Bay Times reports.

Venters, 32, hasn’t pitched in the majors since 2012 and has logged just 27 2/3 innings in the minors in the meantime due to a continuous battle with his elbow. According to David O’Brien of the Atlanta Journal-Constitution, Venters has undergone four — four! — Tommy John surgeries.

When he was healthy, Venters was a fearsome late-game option for the Braves. He posted a 1.95 ERA with 93 strikeouts in 83 innings in 2010, and a 1.84 ERA with 96 strikeouts in 88 innings in 2011. His first-half performance in 2011 earned him a spot on the National League All-Star roster.

Venters has spent the last two years in the Rays’ system and he’ll try to make it a third.