A three-team trade that would have sent righty reliever Sergio Santos from the Blue Jays to the Rangers fell through about two weeks ago when another player failed a physical, report Ken Rosenthal and Jon Morosi of Fox Sports. The third team and other players involved are unknown.
Santos, 30, returned from shoulder surgery to post a 1.75 ERA (236 ERA+) with a 0.58 WHIP in 25 2/3 innings this past season. He struck out 28 and walked only four, two of which were intentional. PitchFX data confirms his fastball was still sitting in the mid-90s following the shoulder operation.
The Rangers lost Joe Nathan to free agency but will get Neftali Feliz back from Tommy John surgery in 2014. Feliz returned to throw 4 2/3 scoreless innings late in 2013. Texas also has Joakim Soria and Tanner Scheppers in the bullpen, but there's always room for another hard-thrower.
The Blue Jays are in need of a starting pitcher and a second baseman. Could they have fetched one of those for Santos? Maybe. Relievers coming off shoulder surgery usually don't have a ton of trade value.
The fact that the trade had reached the physical-taking stage is an indication all three teams had agreed to the deal.