UDPATE: Cubs and Reds “close” to trade involving Sean Marshall and Travis Wood

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UPDATE: Bruce Levine of ESPNChicago reports that the deal is “close” and that the Cubs would receive two minor-leaguers along with Wood.

10:29 PM ET: The Reds landed Mat Latos in a blockbuster deal over the weekend, but they aren’t done on the trade front.

Ken Rosenthal on FOXSports.com reports that they are currently discussing a deal with the Cubs for left-hander Sean Marshall. Chicago is said to be eyeing left-hander Travis Wood, a pitcher who intrigued team president Theo Epstein when he was general manager of the Red Sox last season. It’s not known what other players might be in the deal.

Marshall has emerged as one of the best relievers in the game over the past two seasons, posting a quality 2.45 ERA and 169/42 K/BB ratio over 150 1/3 innings while handling righties and lefties with nearly equal aplomb. The 29-year-old left-hander is due $3.1 million next season before hitting free agency.

Wood had a disappointing 4.84 ERA in 18 starts and four relief appearances at the major league level this past season, but showed plenty of promise when he posted a 3.51 ERA and 86/26 K/BB ratio over 102 2/3 innings as a rookie in 2010. The 24-year-old southpaw doesn’t throw all that hard and profiles as a fly ball pitcher, but this is a pretty good time to attempt to buy low.

Dodgers acquire Manny Machado from Orioles for five minor leaguers

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The Orioles and Dodgers are expected to finally complete involving SS/3B Manny Machado, ESPN’s Jerry Crasnick reports. The Orioles will receive five prospects from the Dodgers: Yusniel Diaz, Dean Kremer, Zach Pop, Rylan Bannon, and Breyvic Valera.

Machado, 26, is in the final year of his contract, so this is currently a rental for the first-place Dodgers. Machado ended the first half batting .315/.387/.575 with 24 home runs, 65 RBI, 48 runs scored, and eight stolen bases in 413 plate appearances. In Los Angeles, he will handle shortstop, allowing Chris Taylor to move over to second base.

MLB Pipeline rated Diaz as the Dodgers’ No. 4 prospect and No. 84 across baseball. Kremer was No. 27 in the Dodgers’ system and Bannon was No. 28.

Diaz, 21, is considered the centerpiece of the trade. The outfielder hit .314/.428/.477 with 20 extra-base hits, 30 RBI, and 36 runs scored in 264 plate appearances at Double-A Tulsa this season.

Kremer, 22, was selected by the Dodgers in the 14th round of the 2016 draft. He spent most of his season with High-A Rancho Cucamonga before earning a promotion to Tulsa earlier this month. Overall, in 17 starts, the right-hander posted a 3.03 ERA with a 125/29 K/BB ratio in 86 innings.

Pop, 21, was selected by the Dodgers in the seventh round of the 2017 draft. He has spent his season between Rancho Cucamonga and Single-A Great Lakes. Overall, he compiled a 1.04 ERA with 47 strikeouts and 13 walks in 43 1/3 innings of relief.

Bannon, 22, was selected by the Dodgers in the eighth round of the 2017 draft. With Rancho Cucamonga this season, the infielder batted .296/.402/.559 with 20 home runs and 61 RBI in 403 PA.

Valera, 26, has appeared in 20 games at the major league level for the Dodgers this season, batting a meager .172 with a .445 OPS in 34 PA. Valera has versatility, having played second base, third base, and corner outfield this year while also having experience in center field, shortstop, and first base.