Rays, unable to reach deal, looking to deal shortstop
Posted: Sunday July 30, 2006 5:07PM; Updated: Sunday July 30, 2006 5:07PM
The Tampa Bay Devil Rays have lost hope in their attempts to re-sign Julio Lugo to a contract extension and are expected to step up efforts to trade their star shortstop.
The Red Sox and Blue Jays are among teams expected to have interest in trading for in Lugo, who is batting .309 with 12 home runs, 27 RBIs and 17 stolen bases.
Lugo was believed to be seeking a five-year deal for about $50 million. The Devil Rays hoped to keep Lugo but believe they have decided they can't afford to pay Lugo $10 million annually. Lugo's asking price was based in part on the $40 million, five-year deal Orlando Cabrera signed last winter.
If they are unable to trade Lugo by Monday's 4 p.m. trade deadline, the D-Rays would get a first-round draft choice for him. Lugo makes $4.95 million and is too valuable a player to clear waivers, so he'd need to be traded Monday.