Dodgers, Marlins, Braves trade involving Mat Latos “simply being held up by paperwork”

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UPDATE, 10:24 PM ET: According to MLB.com’s Joe Frisaro, the three pitching prospects headed to the Marlins are Jeff Brigham, Victor Araujo, and Kevin Guzman.

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9:45 PM ET: Jeff Passan of Yahoo Sports has the updated outline …

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8:53 PM ET: Los Angeles is also getting top Braves prospect Jose Peraza, tweets Mark Bowman of MLB.com. This is a massive, complicated trade.

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8:47 PM ET: That starter heading from Atlanta to Los Angeles would be left-hander Alex Wood, according to Rosenthal and Morosi. And the Dodgers would also get current Braves closer Jim Johnson. In return, they’d receive Morse and a compensation pick.

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8:44 PM ET: Joel Sherman of the New York Post is hearing the Braves will send a young starting pitcher to the Dodgers. Sherman says it would be someone who could slot into the Los Angeles starting rotation right now.

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8:22 PM ET: That third team is the Braves, per Rosenthal. They wouldn’t be a fit at all for Morse. This trade may look completely different than some earlier reportings after all is said and done.

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8:20 PM ET: According to FOX Sports’ Ken Rosenthal, there is indeed a third team involved. Which probably has something to do with Morse. Still some moving parts here, but it does sound close.

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7:28 PM ET: Bob Nightengale of USA Today says the deal is simply being held up by paperwork. Sounds like we’ll be hearing something official soon.

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5:21 PM ET: Not so fast, my friends. Clark Spencer of the Miami Herald reports that the trade sending Mat Latos and Michael Morse to the Dodgers “could be falling apart.” He says that Latos and Morse are still in the Marlins’ clubhouse. Marlins manager Dan Jennings said this afternoon that he hadn’t heard about the trade being close. It’s been reported this afternoon that the Dodgers are trying to flip Morse to a third team, so that could be the holdup. It’s also possible, perhaps, that David Price being made available is making the Dodgers rethink. But we can’t know, really. Stay tuned. Fasten your seatbelts. Etc.

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11:51 AM ET: In the market for starting pitching help and always willing to take on some unwanted salary to get a deal done, the Dodgers have acquired right-hander Mat Latos, first baseman/outfielder Michael Morse, and a competitive balance draft pick from the Marlins for three minor leaguers.

Latos is the guy in this deal the Dodgers wanted. After a rough start to the season he’s turned things around with a 2.96 ERA and 43/9 K/BB ratio in his last seven starts. Latos has durability issues and seems to rub people the wrong way wherever he goes, but he’s a 27-year-old starter with a 3.43 career ERA and immediately upgrades the Dodgers’ rotation behind aces Clayton Kershaw and Zack Greinke.

Morse is a potentially valuable player too, but the Dodgers have an All-Star first baseman in Adrian Gonzalez and a crowded outfield already, so his inclusion in the deal is mostly about the Marlins wanting to shed his $8 million salary for 2016. Morse signed a two-year, $16 million deal with Miami this offseason, but has hit just .214 with a .592 OPS in 52 games at age 33.

The value of the draft pick heading the Dodgers’ way shouldn’t be overlooked, because it’s basically a late first-round pick in the top 40 overall. A first-round pick going from a rebuilding team to a contending team doesn’t make a whole lot of sense, but then again it is the Marlins and the Dodgers are happy to buy something valuable that was handed out in the name of “competitive balance.”

No word yet on the three minor leaguers headed to the Marlins.

There is a “one million percent” chance Aroldis Champan will opt-out of his deal

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Ken Rosenthal of The Athletic reports that there is a “one million percent” chance Yankees closer Aroldis Chapman will opt out once the season ends.

Just going by the math this makes perfect sense, of course.

Chapman signed a five-year, $86 million deal with the Yankees before the 2017 season. Pursuant to the terms of the deal he’ll make $15 million a year in 2020 and 2021 (he was given an $11 million signing bonus that was finished being paid out last year). This past season the qualifying offer was $17.9 million. Craig Kimbrel of the Cubs just signed a deal that will pay him $16 million in 2020, 2021, and 2022 (he’s making a prorated $16 million this year). Other top closer salaries at the moment include Kenley Jansen ($19,333,334); and Wade Davis ($18 million).

It’s fair to say that Chapman fits into that group and, I think it’s safe to say, more teams would take him than those guys if they were all freely available. As such, Chapman opting out to get more money makes all kinds of sense. Heck, opting out, getting slapped with a qualifying offer, accepting it and then hitting the market unencumbered after the 2020 season would stand him in better financial stead than if he didn’t opt-out in the first place.

The question is whether the Yankees will let it get that far or whether they’ll approach him to renegotiate the final couple of years on the deal or to add some years onto the back of it. If they’re smart they will.