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Rangers to acquire Koji Uehara from Orioles for Chris Davis and Tommy Hunter

Baltimore Orioles v New York Yankees

NEW YORK, NY - JULY 29: Koji Uehara #19 of the Baltimore Orioles against the New York Yankees on July 29, 2011 at Yankee Stadium in the Bronx borough of New York City. (Photo by Nick Laham/Getty Images)

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UPDATE: Dan Connolly of the Baltimore Sun now writes that the Orioles will receive Chris Davis and right-hander Tommy Hunter in exchange for Uehara. They’ll also send some cash the Rangers’ way. That’s a pretty good get considering Uehara was of little use on a losing team.

5:20 PM: Jeff Zrebiec of the Baltimore Sun reports that the Orioles are close to trading Koji Uehara to the Rangers. And according to his colleague Dan Connolly, the Orioles will receive Chris Davis in return.

Uehara, 36, has thrived as a reliever over the past two seasons, posting a 2.27 ERA and 117/13 K/BB ratio over 91 innings. He has a 1.72 ERA and 0.70 (!) WHIP over 47 innings this season. The Japanese right-hander is making $3 million this season and has a $4 million vesting option that kicks in once he reaches 55 appearances. He has already made 43 appearances this season, so he’s a near-lock to get there if he stays healthy.

Davis has a .248 batting average and 301 strikeouts over 878 major league at-bats, but still possesses some potential as a power bat. The 25-year-old has a 1.006 OPS over 975 plate appearances in the hitter-friendly Pacific Coast League. He could very well be a Quad-A bat in the long run, but he has nothing left to prove in the minor leagues. Baltimore would seem to be a good place for him to get an extended look against major league pitching, though Davis and Mark Reynolds in the same lineup could make for some easy outs.

Hunter, 25, has pitched exclusively in relief this season after getting a late start due to a groin injury. He was 13-4 with a 3.73 ERA over 22 starts and one relief appearance last season, so he offers the Orioles some flexibility.