Option trading: Royals acquire Ervin Santana from Angels
This week the Angels have reportedly been shopping Ervin Santana and Dan Haren as they face big-money option decisions on both pitchers and according to Ken Rosenthal of FOXSports.com they’ve found a taker for Santana in the Royals.
No word yet on the return coming back to the Angels, but don’t expect it to be much. Santana’s option is for $13 million and he was pretty terrible for much of this year, finishing with a 5.16 ERA in 30 starts. And simply by trading Santana instead of declining his option the Angels saved a $1 million buyout.
Within his overall inconsistency Santana has often shown the ability to be a front-line starter, but he’s always struggled to limit homers and at this point he’s a 30-year-old with a 4.33 career ERA. For a one-year pickup he’s a decent gamble for the pitching-starved Royals, even if the price is a bit much.
UPDATE: Jon Morosi of FOXSports.com reports that the Angels will receive left-hander Brandon Sisk, a 27-year-old Triple-A reliever. In other words, a non-prospect.
UPDATE II: According to Mike DiGiovanna of the Los Angeles Times, the Angels exercised Santana’s $13 million option before the trade and will cover $1 million of it. So the Royals will pay him $12 million.