Tag:Kevin Millwood
Posted on: December 9, 2009 4:23 pm
Edited on: December 9, 2009 7:14 pm
 

Texas sends Millwood to Orioles for Ray

INDIANAPOLIS -- In a deal that allows Texas to clear salary off its books and Baltimore the chance to add the veteran starting pitcher it wants, the Rangers have agreed to send right-hander Kevin Millwood to the Orioles in exchange for pitcher Chris Ray, CBSSports.com has learned.

The key to the deal is the Orioles agreeing to pick up "a significant portion" of Millwood's $12 million 2010 salary. The deal, in the final stages of being formalized, will be announced early Wednesday evening.

Millwood, 35, was 13-10 with a 3.67 ERA over 31 starts for the Rangers in 2009. He worked 198 2/3 innings and, in to the Rangers' credit, once they were eliminated in September, they did not pull the plug trying to limit his innings pitched. At 180, his 2010 option for $12 million automatically vested.

While the players' union certainly would have barked, the Rangers, who have been hovering on the brink of financial crisis since early last season, could have worked toward preventing that.

The Orioles were looking for a veteran starter to anchor a 2010 rotation that is expected to include youngsters Brian Matusz, Chris Tillman and likely Brad Bergesen or David Hernandez.

And with the market setting up for pitchers after Brad Penny ($7.5 million base salary with incentives that could bump that up to $9 million with St. Louis), Randy Wolf ($29.75 million over three years with Milwaukee) and Andy Pettitte ($12 million over one year) all signed this week, Millwood looks like a bargain for the Orioles.

Ray was 0-4 with a 7.27 ERA in 46 relief appearances for the Orioles in 2009. A 27-year-old right-hander, Ray missed the 2008 season following Tommy John ligament transfer surgery.

Posted on: December 8, 2009 12:41 pm
Edited on: December 8, 2009 12:43 pm
 

Rangers looking to deal Millwood

INDIANAPOLIS -- The Texas Rangers, broke and awaiting a new owner, continue discussions with Baltimore and other clubs to trade starting pitcher Kevin Millwood and the $12 million salary he's owed for 2010.

The Orioles and Mets have been the most persistent in the talks. Two other unidentified clubs have inquired as well. The Rangers are requiring cash and a right-handed bat in return.

There was some thought that if the Rangers could acquire enough cash in a Millwood deal, it would allow them to pursue a right-handed bat like Jermaine Dye through free agency. That is not going to happen, said one source with knowledge of the Rangers' situation, because even in that scenario, they could not acquire enough cash to shop in the free agent aisle.

Texas' best bet right now toward adding an impact bat remains ex-Ranger and current Chicago Cub Milton Bradley, whom the Cubs are shopping hard and hope to deal this week before the winter meetings end. But that is not going to happen, either, unless the Cubs agree to assume most of the remaining $23 million that remains on Bradley's contract over the next two years.

 
 
 
 
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