Chris Schwinden

The Mets are interested in trading Mike Pelfrey

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Our own Matthew Pouliot recently suggested that the Mets should cut their losses and release Mike Pelfrey, recouping three-quarters of his $5.6875 million salary for 2012. That doesn’t appear likely to happen, but Jon Heyman of CBSSports.com passes along word that the club would like to trade him.

Pelfrey is coming off a 4.74 ERA last season and has a 14.90 ERA over his first three starts this spring, so the Mets would almost certainly have to foot most of the bill. And because the 28-year-old right-hander is projected to get a raise again this winter through the arbitration process, he’s already an obvious non-tender candidate. Similar to the John Lannan situation with the Nationals, it’s unlikely the Mets would get anything of value in return.

The other major factor here is that the Mets have very little in the way of starting pitching depth. The possible alternatives to take his place include the likes of 40-year-old Miguel Batista, Chris Schwinden or Jeremy Hefner. Pelfrey isn’t anything special, but he has averaged 196 innings over the past four seasons. There’s some value there, especially with Johan Santana still a question mark.

Dealing Pelfrey when his value is at its absolute nadir just doesn’t make a whole lot of sense, at least for the Mets. If he gets off to a hot start, I could definitely see it. But not now.