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Red Sox acquire Drew Pomeranz from the Padres

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Update (6:34 PM EDT): Lin confirms that it’s a one-for-one deal, Pomeranz for Espinoza.

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Update (6:07 PM EDT): Evan Drellich of the Boston Herald reports that pitching prospect Anderson Espinoza is headed to the Padres as part of the deal. Espinoza was rated the fourth-best prospect in Boston’s system by MLB Pipeline. Baseball America rated him the 15th-best overall prospect in their midseason update. The 18-year-old right-hander has spent the season with Single-A Greenville, compiling a 4.38 ERA with a 72/27 K/BB ratio in 76 innings.

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Dennis Lin of the San Diego Union-Tribune reports that the Red Sox have acquired starter Drew Pomeranz from the Padres. The Padres’ return is unknown at the moment, but according to Lin, “it is believed to include at least one of the Red Sox’ better prospects.”

Pomeranz had a shaky start to his career with the Rockies, but was traded to the Athletics after the 2013 season. Over the last two season with the A’s, operating as a swingman, Pomeranz was quite successful, finishing with a 2.35 ERA over 69 innings in 2014 and a 3.66 ERA in 86 innings in ’15.

This season, Pomeranzo has been one of the game’s best starters, posting a 2.47 ERA with a 115/41 K/BB ratio in 102 innings. He was named to the National League All-Star team, his first such nomination in his career. He’s earning $1.35 million this season and has two more years of arbitration eligibility remaining before he can reach free agency.

The Red Sox have made it no secret they were in search of starting pitching help, as free agent signing David Price has been inconsistent to a 4.34 ERA and Clay Buchholz was recently demoted from the rotation to the bullpen for the second time this season. Pomeranz should add some stability to the middle of Boston’s rotation.

Mets trade Wilmer Font to the Blue Jays

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The Mets announced a few minutes ago that they have traded Wilmer Font to Toronto for cash considerations.

Font was acquired by the Mets from Tampa Bay for a player to be named later back in early May. That player to be named later was later named: Neraldo Catalina. Catalina is 19 and is playing rookie ball right now. The Mets have now turned him into cash. I suppose we’ll see if that was a good idea in a few years.

As for the Jays, they get a pitcher who posted a 5.79 ERA in 10 relief appearances for the Rays and then started three games and relieved 12 in New York to the tune of a 4.94 ERA. On the season he has a combined K/BB ratio of 42/18 in 45 innings.

He’s an arm. He cost cash. That’s about all I have to say about that.