UPDATE, 1-14-08 at 5:44pm: And it’s official, news conference Wednesday.
UPDATE, 1-14-08 at 2:15pm: Both players passed their physicals, according to Derrick Goold of the St. Louis Post-Dispatch. This could be officially a done deal later today. By the way, the Belleville News-Democrat discusses some of the failed Rolen scenarios here (including one that involved Jhonny Peralta, Cliff Lee, and Anthony Reyes).
UPDATE, 1-14-08 at 10:57am: A small amount of money will change hands – the Jays will send $1.8MM to the Cards, pending commissioner approval. Given that Rolen has more money on his contract, it’s surprising to see the Jays sending money.
UPDATE, 1-13-08 at 12:12pm: ESPN’s Jerry Crasnick says the agreement has been reached; the deal will be done if both third basemen pass physicals on Monday. The Cardinals required that Glaus exercise his $11.25MM player option for ’09 as part of the trade – they didn’t want him to have a big ’08 and then opt for free agency. No money changed hands, which makes the deal look like a win for St. Louis.
FROM 1-12-08 at 11:00am:
According to Ken Rosenthal, the Blue Jays and Cardinals are "closing in" on a trade of Troy Glaus for Scott Rolen. Both would have to pass physicals first. Rosenthal adds that both players agreed to waive their no-trade clauses and the Cardinals might need to cough up some cash as well.
Glaus, 31, hit .262/.366/.473 in an abbreviated 2007 season. He had nerve decompression surgery for his foot in September, which will hopefully relieve his plantar fasciitis. Also that month, Sports Illustrated reported that Glaus received multiple shipments of steroids as a member of the Angels. Glaus is set to earn $12.75MM in ’08 and $11.25MM in ’09.
Rolen, who will turn 33 in April, hit .265/.331/.398 in a similarly abbreviated season. He also had September surgery, a shoulder cleaning that involved removing scar tissue. Rolen also had shoulder surgery in ’05, but did show good power for the first five months of ’06. His other wart is a strained relationship with Tony La Russa. He’ll earn $12MM in ’08, ’09, and ’10.
It’s hard to say which team won the swap, though I lean towards the Cardinals. They get a younger player with a less serious health issue and a shorter commitment. The reason I think it’s close is that Rolen is a superior defender. Can you imagine hitting a groundball to the left side when Rolen and John McDonald are both on the field?