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MLB Hot Stove Update

BOSTON (AP) _ The Red Sox have signed right-hander Ryan Dempster to a two-year contract.
 
The team announced the signing on Wednesday, six days after two people familiar with the negotiations said Dempster had agreed to a $26.5 million deal. Dempster, 35, has pitched more than 200 innings in four of the past five seasons. He went 12-8 with a 3.38 ERA this year, going 5-5 with a 2.25 ERA for the Chicago Cubs and 7-3 with a 5.03 ERA for the Texas Rangers.
 
The Astros have traded minor league left-hander Rob Rasmussen to the Los Angeles Dodgers for right-hander John Ely. The 26-year-old Ely spent most of last season with Triple-A Albuquerque, where he went 14-7 with a 3.20 ERA in 27 starts. He is 4-13 with a 5.70 ERA in 19 big league starts and six relief appearances with the Dodgers during the last three seasons.

SEATTLE (AP) _ The Los Angeles Angels have traded power hitter Kendrys Morales to the Seattle Mariners for left-hander Jason Vargas.

The 29-year-old Morales became expendable after the Angels agreed to a deal last week with free agent slugger Josh Hamilton. The Angels had been looking for a pitcher after losing Zack Greinke and Dan Haren to free agency and trading Ervin Santana.
 
Morales hit .273 with 22 home runs and 73 RBIs last season. He missed the entire 2011 season after breaking his leg early in 2010 while celebrating a game-ending grand slam against the Mariners.
 
Vargas led Seattle in wins last season, going 14-11 with a 3.85 ERA. The 29-year-old is 36-42 with a 4.09 ERA in four years with the Mariners.
 
Morales and Vargas each are eligible salary arbitration and can become free agents after next season.

The trade was announced Wednesday.

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Posted by on Dec 19 2012. Filed under Sports.

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