3:44am: Matthew Pouliot calls the situation "another sign the Dodgers are broke." Writes Pouliot:
"A large-market team should be able to pay a top-notch setup man $4 million-$4.5 million. That's what the Royals gave Kyle Farnsworth, and at last check, Kansas City wasn't a large market and Farnsworth wasn't top notch."
Pouliot also names the Tigers and Rays as possible matches, and adds the Phillies and Rangers as teams who could be interested in Sherrill as well, though I wonder if the Rangers would want to take on his salary.
2:53am: Ken Rosenthal and Jon Paul Morosi report that if the Dodgers are looking to move a relief arm, it's George Sherrill.
The Dodgers have several appealing arms such as Ronald Belisario, Hong Chih-Kuo, and Ramon Troncoso. However, when teams come calling about those three, the Dodgers instead turn the focus to Sherrill, who struggled in the NLCS and is set to earn up to $4MM through arbitration.
In return for Sherrill, who's saved 52 games over the past two seasons en route to a two-year stretch of a 3.02 ERA through 122.1 innings with 119 Ks and a 1.28 WHIP, the Dodgers would like to receive a starting pitcher.
Given those stats and the fact that he's under team control through 2011, Sherrill should be able to fetch some value regardless of a rising salary and a disappointing NLCS. What teams make sense for the former All-Star? Detroit is said to be looking for bullpen help, and the Rays could benefit from a more-established arm to close out games as well. Those are just names I'm throwing out there, let's hear your thoughts on the issue as well.