Rangers place Scott Feldman (and his contract) on waivers

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Ken Rosenthal of FOXSports.com reports that the Rangers have placed injured right-hander Scott Feldman on outright waivers, which means he’s available to any team willing to claim the remainder of his contract.

However, in addition to being on the disabled list following knee surgery that has kept him out of action since last season Feldman is also owed about $2 million for the rest of this year and $6.5 million for 2012, with a $9.25 million option or $600,000 buyout for 2013.

In other words, odds are he’ll pass through waivers unclaimed and the Rangers can then remove him from the 40-man roster while keeping him in the organization beyond his rehab assignment. They’d probably be thrilled if one of the other 29 teams felt like assuming the $9 million or so he’s still owed, of course, but it’s a long shot even with various contenders in the market for rotation help.

Feldman got the contract extension after winning 17 games in 2009, but even then his 4.08 ERA and 113/65 K/BB ratio in 190 innings made the Rangers’ long-term commitment a questionable one.

Padres acquire Phil Hughes from Twins

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Twins right-hander Phil Hughes is headed to the Padres, according to announcements from both teams on Sunday. The Padres will also receive the 74th overall draft pick and cash considerations from the Twins, who are getting minor league catcher Janigson Villalobos in return. Minnesota is expected to absorb $7.5 million of Hughes’ $22 million contract; per MLB.com’s Mark Feinsand, they’ll take on his remaining salary for the 2018 season and pay an additional $5.7 million in 2019.

Hughes, 31, is far from the 16-win, sub-4.00 ERA hurler the Twins enjoyed in 2014. He hasn’t pitched more than 60 innings in any season since 2015, due in part to multiple bouts of back stiffness and shoulder surgeries. He was designated for assignment last week after missing significant time with a left oblique strain and delivering a 6.75 ERA, 3.8 BB/9 and 6.0 SO/9 through his first 12 innings of 2018.

Villalobos, meanwhile, will provide the Twins with some depth as he continues to work his way through the minor league system. The 21-year-old backstop recently completed a circuit with the Padres’ rookie-level affiliate in the Arizona League, slashing .275/.367/.388 with eight extra bases and a .755 OPS in 98 PA.

The real get for the Padres isn’t Hughes (even with much of his salary already accounted for), but the Competitive Balance B selection in next week’s amateur draft. As MLB.com’s AJ Cassavell points out, the club lost their second-round pick after inking Eric Hosmer to a massive eight-year, $144 million deal back in February.