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According to WEEI.com and the Boston Globe, the Mets will trade reliever Billy Wagner and his 385 career saves to the Red Sox for two mid-level prospects. The Globe reports the Red Sox have agreed not to pick up Wagner’s $8 million option for next year, but retain the right to offer Wagner salary arbitration. Wagner is projected to be a Type-A free agent, which means if he is offered arbitration and he declines, the Red Sox will receive two high draft picks from any team that signs him.
The Sox orginally claimed the 38-year-old lefthander off waivers on Friday, and had until 1:30 p.m. Tuesday to work out a deal. In the end, despite all the drama with Jonathan Papelbon, Wagner will become the Red Sox setup man, with the Red Sox paying out the remainder of his contract this season.
My Take: It should make for some interesting locker room moments when Wagner and Jonathan Papelpon come face to face. It’s easy to get overzealous about this, because there is no guarantee Wagner will return to form after serious surgery. Eric Gagne redux, anyone?