Royals have discussed trading prospect Wil Myers for James Shields or Jon Lester

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UPDATE: Rob Bradford of WEEI.com confirms that the Red Sox and Royals have talked about a possible Lester-for-Myers swap. The two clubs have also discussed scenarios that would send outfield help to Kansas City and pitching to Boston, but nothing is considered close.

8:34 PM: We heard late last week that the Royals have dangled top prospect outfielder Wil Myers in trade talks as they try to land a top starting pitcher. Now we have some more specifics.

According to Bob Dutton of the Kansas City Star, the Royals have discussed flipping Myers in deals involving Rays right-hander James Shields and Red Sox left-hander Jon Lester.

While the Royals are reluctant to deal him, it appears doing so could net either Shields or Lester, each of whom was an All-Star as recently as 2011. The problem: Both are expensive and on track to become free agents in two years.

Both deals have been discussed, but neither appears close at the moment. Other players could be involved, but the basic framework would be Myers for one of the two pitchers. At this point, all sides — the Royals, Rays and Red Sox — remain hesitant.

And rightfully so, especially from the Royals’ perspective. While general manager Dayton Moore appears determined to add a frontline starting pitcher to complement Jeremy Guthrie and Ervin Santana, trading one of the top position prospects in the game for two years of team control on Shields or Lester isn’t an ideal scenario. Not to mention that the Royals would likely have to find a way to move some salary off the books in order to acquire either of them.

Shields, who turns 31 next month, posted a 3.52 ERA and 223/58 K/BB ratio over 227 2/3 innings this past season. He’s set to make $9 million in 2013 while his contract includes a $12 million club option for 2014.

As for Lester, he’s coming off a down year where he posted a career-high 4.82 ERA and 166/68 K/BB ratio over 205 1/3 innings. The southpaw turns 29 in January and is set to make $11.625 million in 2013. His contract includes a $13 million club option for 2014, but he can void it if he is traded and finishes either first or second in the Cy Young balloting in 2013.

Report: Padres interested in Maikel Franco

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The Padres may have some interest in acquiring Phillies third baseman Maikel Franco, according to a recent report from Ken Rosenthal of The Athletic. It seems unlikely that the team would deal their starting third baseman with J.P. Crawford (fractured left hand) sidelined through July; to that end, however, they signed infielder Danny Espinosa as minor league depth on Friday and have reportedly been eying the Rangers’ Adrian Beltre, among other veteran options.

Franco, 25, entered Sunday batting .255/.297/.425 with nine home runs and a .721 OPS in 229 plate appearances this season. While he has yet to live up to the .280+ average, 1.9+ fWAR he posted during his rookie campaign, he’s been a solid 20+ home run producer over the last few years and shown some stability at the hot corner. He’s also under team control for the next three years and could provide some much-needed insurance behind the Padres’ current third base option, 27-year-old Christian Villanueva.

Rosenthal notes that the Phillies could strike a deal for one of San Diego’s relievers, though no one specific has been connected to the team yet — and the club probably wouldn’t be able to finesse a one-for-one deal given the quality of the Padres’ pitchers. The Phillies’ bullpen has looked downright abysmal over the last month, placing 11th-worst in the league with a collective 5.34 ERA and 0.3 fWAR. Their failure to procure a viable reliever beyond Seranthony Dominguez, Victor Arano and Edubray Ramos lends a certain urgency to any potential deal they make over the next few weeks, though the official trade deadline is still over a month away.