Tuesday, December 3, 2013

Reds receive pitching prospect in three-team trade involving Ryan Hanigan

The writing was on the wall for Ryan Hanigan when the Reds decided to sign free agent catcher Brayan Pena to a two-year contract last month. It then became completely clear that the club had every intention of trading the 33-year-old Hanigan in order to make room for Pena and young backstop Devin Mesoraco.

On Tuesday, the Reds fulfilled their end of the prophecy, successfully completing a three-team trade that sent Hanigan and reliever Heath Bell to Tampa Bay, Justin Choate and cash considerations to Arizona, and left-handed pitching prospect David Holmberg to Cincinnati. Ken Rosenthal of FOXSports.com was the first to report the exchange.

Hanigan was immediately welcomed nicely by the Rays in the form of a three-year contract extension with a club a option for 2017. All in all, 33-year-old defensive wizard will earn a guaranteed $10.75 million over the life of the contract.

Homberg, 22, spent majority of the last two seasons at the Double-A level, where he compiled a 2.75 ERA in 26 starts this most recent year. At the conclusion of the 2012 season, Baseball America ranked him as the 6th-best prospect in Arizona's farm system, praising his excellent control and projecting him as a potential No. 3 or No. 4 starter in the major leagues.Originally drafted by the Chicago White Sox in the second round of the 2009 MLB Draft, Holmberg was included in the 2010 trade, along with Daniel Hudson, that sent Edwin Jackson from Arizona to Chicago. 

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