While on the surface it seems clear that the Red Sox need pitching help, are they really that much better of a team now that the dust has settled?
This isn't the 2007 Cy Young-winning Peavy I'm talking about. This is 2013, injury-prone, 32-year-old Peavy who is still owed close to $20 million over the next 18 months. His 4.28 ERA would be worst among Red Sox starters, with Allen Webster figuring to be the odd man out in the rotation.
Iglesias may not have been an exceptional player, but he was a good fielder that has had a great start to the season at the plate. His hitting numbers were way above his career in the minor leagues, but he's still managed to put together a .330 average in more than 200 at-bats, though he's hit just .167/.167/.167 with no extra-base hits or walks over his last 18 games.
While Peavy's arm in the rotation will certainly have a use, however small, the trade opens up another hole in the infield at third base. Will Middlebrooks won the job out of spring training but was sent down last month because he couldn't find his swing. He has rebounded to hit .255/.318/.454 with 8 home runs for Triple-A Pawtucket and was once a promising prospect himself, but he is still a liability in the field where he has made 8 errors. Iglesias had only 3.
Iglesias took over at third for Middlebrooks because he was hitting better. Now he and his 1.5 WAR are off to the Tigers, a possible postseason foe.
At this stage of his career, Peavy isn't any better than a 3 or 4 guy at best, even for an ailing team like the Red Sox. To give up a talented player in Iglesias seems a bit short-sighted. 2013 wasn't supposed to be a World Series competing year, but general manager Ben Cherington isn't playing it safe with a deal like this.
Giving up Iglesias for a year and change of 4.00+ ERA ball from Peavy isn't worth it. Even with Xander Bogaerts making his way through the system and the impeding logjam on that side of the diamond. Too much depth is a good problem to have, and if the Red Sox were deadest on acquiring pitching help and/or moving out Iglesias, there are any number of players that would have made betters fits, rather than one on the downswing of his career.
These are the types of trades that have doomed previous editions of the Red Sox. Big names don't always mean big additions.
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