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BREAKING NEWS: Dodgers Complete Multi-Player Deal With Reds

The Los Angeles Dodgers have traded outfielders Matt Kemp and Yasiel Puig, catcher Kyle Farmer, and starting pitcher Alex Wood to the Cincinnati Reds for starting pitcher Homer Bailey, prospects Jeter Downs and Josiah Gray, and possibly international signing bonus money according to multiple reports. The Dodgers are expected to release Bailey after the deal is official, according to Ken Rosenthal.

This trade opens around $24 million in space for the Dodgers and strengthens their already deep farm system. The team now has the space to bring in highly-coveted free agent outfielder Bryce Harper and/or acquire starting pitcher Corey Kluber from the Cleveland Indians.

The deal also opens a spot on the 40-man roster for the now officially signed Joe Kelly.

Dodger fans can also be happy to know Yasiel Puig is now reunited with Turner Ward in Cincinnati.

This post will continue to be updated if anything new related to the deal comes out.

Updates

Joel Sherman is also reporting the Dodgers will send $7 million to the Reds in the deal.

This means the Dodgers are saving closer to $18 million than $24 million on their payroll.

The team will not be receiving international signing bonus money as previously speculated.

Rosenthal speculates what could be next for the Dodgers.

For Dodger fans who want to learn about the new prospects, shortstop Jeter Downs and pitcher Josiah Gray.

Andrew Friedman confirmed the Dodgers will release Homer Bailey. Bailey has a base salary of $23 milliom this season and a buyout for $5 millon next season. However his average annual value is only $17.5 million. So in conclusion, the team will be paying $28 million total to Bailey but he will only count as $17.5 million on the payroll.

Dodgers discussing Corey Kluber with Indians


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