This trade may have been relatively swept under the rug during the David Price whirlwind, but it's by far the largest and most complex trade in recent memory. A three-team, 13-player deal involving the Los Angeles Dodgers, Miami Marlins and Atlanta Braves is finally complete, according to FOX Sports' Ken Rosenthal. What began as a two-team Marlins-Dodgers trade has ballooned into a mega-deal, with Mat Latos in the center of it all.
The deal had reportedly been complete on Wednesday, but it took an extra day to get done. As details emerged, Yahoo! Sports' Jeff Passan reported that the Dodgers would be responsible for roughly $43.5 million. The Dodgers are eating all of prospect Hector Olivera's signing bonus, a whopping $28 million, and taking on $18 million on the contracts of the other players (including $10 million for Mike Morse, who is signed through 2016). The Marlins, by trading Latos and Morse, are dropping roughly $14.3 million from their books this season alone, though they are sending a bit of cash to the Dodgers.
Full trade listed below:
From Marlins: RHP Mat Latos, OF/1B Michael Morse, cash considerations
From Braves: LHP Alex Wood, RHP Bronson Arroyo, LHP Luis Avilan, RHP Jim Johnson, UT Jose Peraza
From Dodgers: RHP Jeff Brigham, RHP Victor Araujo, RHP Kevin Guzman and salary relief from dealing Latos and Morse
From Dodgers: IF Hector Olivera, LHP Paco Rodriguez, RHP Zack Bird
From Marlins: Marlins' 2016 competitive-balance draft pick, currently listed at No. 35 overall (fifth pick in Round A, after the first round and supplemental first-round picks)
It's a steep price to pay, but it fortifies the Dodgers organization through 2019, also giving stability to their rotation in the 2015 season. Latos is a free agent at the end of the season, but Wood is cost-controlled through the 2019 season. At one point it was rumored that the Dodgers were trying to acquire Wood as a means of leverage in getting David Price, but the result never surfaced.
Wood and Latos will both join the Dodgers rotation, which already includes Clayton Kershaw and Zack Greinke. The Dodgers also add to their bullpen with Johnson, a reliever who did well for the Braves after struggling greatly with the A's and Tigers in 2014.
As for the Braves, they get Olivera, whom the Dodgers paid dearly for. The top prospect is now at the Triple-A level and has batted .348/.392/.493 through three levels of the minor leagues. He should fit in well with the Braves' long-term plans, with the Dodgers making him more affordable by eating his bonus. The Marlins, meanwhile, shed some salary while adding a few pitching prospects.