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You are here: Home / Rangers News / HOLY CRAP! Chan Ho Park traded to Padres

HOLY CRAP! Chan Ho Park traded to Padres

Posted by Joe Siegler on July 29, 2005 at 10:11 pm

Update 4: This seems to be official now as the Rangers site has an official announcement about it here. Phil Nevil will wear uniform #25, which was previously worn this season by Marshall McDougall.


In a move I bet not a single Ranger fan saw coming, Chan Ho Park was pulled from tonight’s start about 30 minutes ago. At the time it wasn’t known why, but when the Rangers TV coverage came on, they said it was due to a possible transaction.
Phil Nevin’s stats on mlb.com.
Wow was that a stunning development!! And straight up for Phil Nevin, too. I’m not entirely sure how Nevin will fit into our lineup, probably as a RH DH mostly, plus backup to Tex and Blalock, plus he can catch a bit, so he could be the third catcher. Jamey Newberg sent along these details in an update:

Tom Krasovic of the San Diego Union-Tribune reports that Chan Ho Park has already agreed to waive his no-trade clause, paving the way for the Park-Phil Nevin trade to be made official. The Rangers must secure Park’s consent in writing and deliver it to the Commissioner’s office to make the deal official.

Salary Stuff:
2005: $15,000,000 (Park) – $9,492,689 (Nevin)
2006: $14,000,000 (Park) – $11,000,000 (Nevin)
2007: $2 Million (Nevin) – deferred signing bonus
Hopefully we’re not sending a LOT of cash to the Padres, as it’s not a huge difference in salaries here.
This is definitely some major news. I think everyone expected the player to be shipped out would be Alfonso Soriano, but it appears that the big names in that trade from the Mets are involved in that big 3 team trade between the Red Sox / Devil Rays / Mets, so that’s probably not happening, either.
Update: Another holdup is because we’re sending cash to the Padres. How much is unknown at the moment, but that’s why we’re waiting on the commissioner’s office. Here’s the relevant bit from an AP news story on the matter:

Approval was needed because the deal involves the Rangers sending cash to San Diego to help offset the money remaining on the $65 million, five-year contract Park signed with Texas before the 2002 season.

Update 2: There’s an article on MLB.com about Phil Nevin’s thoughts on the trade. Click here to view that.
Update 3: I have details on the salary stuff up now.

Filed Under: Rangers News

Comments

  1. Ria says

    July 29, 2005 at 9:31 pm

    I guess we’ll be sending some money to the Padres as well to make up for the difference?
    I wonder if it’s possible that we might ship Nevin around for some pitching since he’s more tradeable than Park is? If we don’t then there is still a pretty big hole in the rotation but I think getting Chan Ho off the roster can only be a good thing regardless.

  2. jamcadbury says

    July 30, 2005 at 12:22 am

    Great deal for Texas. That is all.

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