By Jon Heyman,SI.com
The Boston Red Sox and Texas Rangers have agreed in principle to a trade involving Eric Gagne, and the Red Sox are now negotiating with the former Cy Young winner to get him to accept the trade.
The Rangers are set to receive prospects in the deal. Boston is not on Gagne's approved list of 12 teams to which he can be traded.
After missing much of the past two years with injuries, Gagne has returned to form this season, with 16 saves in 17 chances and a 2.16 ERA.
The Red Sox are said willing to make concessions to Gagne to accept a trade, and may even make Gagne whole on his $5 million incentive package based on games finished.
As a setup man in Boston, he wouldn't be finishing games, but the Red Sox know they need to compensate Gagne to lure him to Boston. However, Gagne, who is the all-time leader in save percentage at 96.2 percent, is believed married to the ninth inning, and the Red Sox already have one of baseball's top two or three closers in Jonathan Papelbon, who graciously sacrificed his position in the rotation to aid the team.
The Rangers, who exacted a steep price for Mark Teixeira (the Braves approved of Teixeira's medical records, according to a source, and all that awaits is final approval of that six-player blockbuster), were shooting for big-name prospects for Gagne.
From the Yankees, they've been asking for one of three pitching prospects: Joba Chamberlain (who's been lighting up at 98 mph and may be a candidate to set up Mariano Rivera, as well), Phil Hughes or Ian Kennedy.
From the Mets, they've requested Carlos Gomez, who happens to be one of Omar Minaya's favorite players. No shot there. The Mets are said to be more interested in obtaining Nationals closer Chad Cordero.
The Red Sox have some top pitching prospects who'd interest Texas, such as Jon Lester, Clay Buchholz, Manny Delcarmen and Craig Hansen.