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.

Yankees trade Sonny Gray to the Reds

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The deal was much talked about all weekend and now the deal is done: The Cincinnati Reds gave acquired starter Sonny Gray and lefty Reiver Sanmartin from the Yankees in exchange for second base prospect Shed Long and a 2019 competitive balance pick.

The key to making the deal happen: Gray agreeing to a a three-year, $30.5 million contract extension. The Reds will likewise hold a $12 million club option for 2023. The deal had been struck and a window granted through close of business today to get Gray to agree to the extension and, obviously, he has.

The Reds will get a pitcher coming off of a bad season in which he posted a disappointing 4.90 ERA in 23 starts and seven relief appearances. He was hammered particularly hard in Yankee Stadium but pitched better on the road. Great American Ballpark is not a great pitcher’s park itself but any change of scenery would be nice for Gray, who had become much unwanted and unloved in New York. In Cincinnati he has the assurance of a spot in the rotation and, even better for him, he will be reunited with his college pitching coach, Derek Johnson, who joined new manager David Bell’s Reds staff earlier this offseason. If he bounces back even a little bit, the Reds will have a useful starter at a below market price for four years. If he doesn’t, well, they haven’t exactly gone bankrupt taking the chance.

The Reds will also get Reiver Sanmartin, 22, who started in the Rangers system before being traded to the Yankees. He’s a soft-tosser who figures to be a reliever if he makes the big leagues. He played at four different levels last season, with one game at Double-A and the rest below that, posting a composite 2.80 ERA in 10 starts and 13 overall appearances while striking out 7.8 batters per nine.

The Yankees will get Shed Long, who is ranked as the Reds’ seventh best prospect. The 23-year old second baseman hit .261/.353/.412 at Double-A in 2018 and has hit very close to that overall line for his entire six-year minor league career. He strikes out a bit and may not stick at second base long term, shifting to a corner outfield slot perhaps, but he’s a legitimate prospect.

The Reds get another starter with some upside. The Yankees get rid of a problem and gain a prospect and a draft pick. Sonny Gray gets some job and financial security at a time when it is not at all clear what his future holds. Not a bad baseball trade.

UPDATE: Welp, the Yankees don’t have a prospect anymore. They just traded long to the Mariners for outfielder Josh Stowers. Stowers was a second-round pick in last year’s draft. He’s 21 and batted .260/.380/.410 with five homers and 20 steals over 58 games in Short-Season ball in 2018. He’s ranked by MLB.com as the Mariners’ No. 10 prospect, but now he’s New York bound.