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Angels net pitching depth for Santiago, Smith
- Updated: August 1, 2016
ANAHEIM — The Angels traded starting pitcher Hector Santiago and reliever Joe Smith in the minutes before Monday’s 1 p.m. PT non-waiver Trade Deadline, sending Santiago to the Twins and Smith to the Cubs, the team announced.
Santiago was sent to Minnesota along with right-handed pitching prospect Alan Busenitz in exchange for two starting pitchers, Ricky Nolasco and Alex Meyer, as first reported by Ken Rosenthal of FOXSports.com. Smith’s trade to the Cubs — first reported by ESPN’s Buster Olney — sends starting-pitching prospect Jesus Castillo to the Angels.
Santiago, making $5 million in 2016, is arbitration-eligible for one more year and will hit the free-agent market after the 2017 season. Smith, who joined the Angels with a three-year, $15 million contract in November 2013, is a free agent at season’s end. Nolasco is owed $12 million in 2017 and holds a $13 million club option for 2018, but the Twins will send the Angels cash to offset the salaries of Santiago and Nolasco.
The Angels will pay the rest of Santiago’s contract this year, and the Twins will do the same with Nolasco. The Twins will then send the Angels $4 million to cover some of Nolasco’s contract next year. The Angels are still close to finishing the season above the $189 million luxury-tax threshold, but they are expected to eventually get below the mark.
Trading Santiago allowed the Angels to get an immediate replacement in the rotation …
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