Rangers acquire Brewers pitcher Yovani Gallardo for three prospects

The Texas Rangers have finalized a trade to acquire starting pitcher Yovani Gallardo from the Milwaukee Brewers in exchange for three prospects.

The Texas Rangers have finalized a trade to acquire starting pitcher Yovani Gallardo from the Milwaukee Brewers in exchange for three prospects. The deal was announced Monday evening after reportsemerged earlier in the day that it had been finalized. 

The Brewers are acquiring 21-year-old infielder Luis Sardinas, 23-year-old relief pitcher Corey Knebel and 18-year-old pitcher Marcos Diplan in exchange for Gallardo.

News of a potential Gallardo-to-Texas trade first broke Sunday, but the terms of the deal were unclear.

Gallardo, who is eligible for free agency after next season, had a career-best 3.51 ERA in 32 starts for the Brewers last season. His salary will increase from $13 million to $14 million because of the trade, CBSSports.com's Jon Morosi reports, and the Brewers are paying $4 million of his salary as part of the trade, according to Jeff Wilson of the Fort Worth Star-Telegram.

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The Rangers used 40 different pitchers last season and had the second-highest team ERA in the American League. They finished last in the AL at 67-95.

Sardinas played 43 games for the Rangers last season, splitting time among second base, third base and shortstop. He batted .261 with a .303 on-base percentage.

Knebel pitched 8 2/3 innings for the Tigers in 2014 before he was traded to Texas in exchange for Joakim Soria. He had a 2.18 ERA in 45 1/3 minor-league innings. 

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Diplan started 13 games for the Rangers' Dominican Summer League team, recording a 1.54 ERA and striking out eight batters per nine innings.

- Dan Gartland