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Padres trade starters Andrew Cashner, Colin Rea to the Miami Marlins

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UPDATE: The deal is final. It’s a seven player deal with Cashner, Rea, pitching prospect Tayron Guerrero and cash considerations heading to Miami in exchange for right-handers Jarred Cosart and Carter Capps and pitching prospect Luis Castillo along with Josh Naylor, discussed below.

8:47 AM: The Padres may be giving up two pitchers, but they’re getting a nice return. Early reports have first baseman Josh Naylor, the Marlins’ top position playing prospect, heading to San Diego. Naylor, the Marlins’ first round pick in 2015, is currently in A-ball, where he’s hitting .269/.317/.430 with nine homers and 54 RBI in 89 games. He has no real defensive value but he’s only 19 and is expected to hit wherever he goes. Naylor, from Canada, recently played in the Futures Game, where he had two hits and drove in a run for the World team.

8:31 AM: Barry Jackson of the Miami Herald reports that the Marlins are also getting pitcher Colin Rea from Padres. Rea has started 18 games this year for San Diego, posting a 4.98 ERA and a K/BB ratio of 76/44 in 99 and a third innings. He’s definitely more innings eater than effective starter, but the Marlins are clearly looking to throw as many pitchers at the problem as they can get. Plus: Rea is under team control through 2021 and won’t be arbitration eligible until 2019, so he’ll be with Miami for a long time if they want him.

8:29 AM: Ken Rosenthal just reported that this trade is “bigger than just Cashner,” and that the Marlins may be getting more from the Padres. So stay tuned.

8:26 AM: Buster Olney reports that the San Diego Padres have traded pitcher Andrew Cashner to the Miami Marlins. There’s no word yet on the return.

This is a rental of a guy with a live arm but who has experienced some mighty struggles this season. Cashner is 4-7 with a 4.76 ERA and a 67/30 K/BB ratio in 79 1/3 innings. He missed over three weeks between June 11 and July 2 due to a strained neck. A righty, Cashner is earning $9.625 million this season and will be eligible for free agency after the season.

Miami has been in desperate need to upgrade the back of its rotation. If Cashner can regain the form he showed before injuries slowed him down in the past two seasons, he will be an upgrade. That’s not necessarily a pipe dream — he’s pitched pretty well of late — and he certainly has some incentive to show what he can do down the stretch to potential suitors this coming offseason.

The Marlins currently sit five games back of the Nationals in the NL East and are tied with the Cardinals for the second wild card slot.

Brewers sign Freddy Peralta to a multi-year deal

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Ken Rosenthal reports that the Milwaukee Brewers have agreed to a five-year $15.5 million deal with pitcher Freddy Peralta. There are two club options as well, which would nearly double the overall value of the contract if exercised.

Peralta, who turns 24 in June, has amazing stuff. He has struggled so far, having posted a 4.79 ERA in 163.1 major league innings across two seasons, but people who follow him closely believe that he’s primed for a breakthrough. For now he’s a reliever — he’ll likely be a multi-inning fireman for the 2020 season — but he has was mostly a starter in his rookie year before assuming swingman duties last season. He could become one again if things break right in his development. Sort of a Brandon Woodruff track.

If that happens the Brewers will, quite obviously, have a bargain on their hands. If not, at least Peralta has some security on his.