Culminating months of speculation and weeks of intense trade talks, the Red Sox on Tuesday night were closing in on a three-team deal in which Mookie Betts and David Price would end up with the Los Angeles Dodgers with the Sox getting outfielder Alex Verdugo from the Dodgers and pitching prospect Brusdar Graterol from the Minnesota Twins.
The Dodgers would send Kenta Maeda to the Twins in exchange for Graterol, then include him as part of the deal with the Sox.
The Red Sox would also be sending significant cash to the Dodgers in order to offset Price's $96 million due over the next three seasons.
Even with the cash sent to the Dodgers, the Red Sox would be accomplishing their goal -- stated publicly at the end of last season — of getting under the first competitive balance tax threshold (CBT) of $208 million. Betts alone reduces their payroll by $27 million and ridding themselves of half of Price's $32 million for 2020 chops off another $16 million or so.
Such a reduction in salary obligation would take the Red Sox under $200 million in payroll for the first time since 2017.
The deal is the first significant trade consummated by new chief baseball officer Chaim Bloom -- and is destined to go down as one of the biggest in recent franchise history.