FLUSHING, N.Y. -- The New York Mets have traded closer Francisco Rodriguez and cash considerations to the Milwaukee Brewers for two players to be named later.
"We thank Frankie for his contributions to the Mets and wish him well with the Brewers," said Mets general manager Sandy Alderson. "This trade allows us to develop and more fully utilize other members of our 2011 bullpen and offers some payroll relief as well."
The 29-year-old Rodriguez went 2-2 with 23 saves and a 3.16 ERA in 42 games this season for the Mets, his third season with the team. He's in the final season of a three-year, $37 million deal.
"Francisco has been one of the best relievers in the game for many years," said Brewers GM Doug Melvin. "He is a high-quality arm who will be a tremendous asset to our bullpen as we prepare for the final months of the regular season and playoffs."
Over his 10-year career, which spans 573 games with the Angels and Mets, Rodriguez has compiled a 32-27 record with 291 saves and a 2.54 ERA.
The Brewers, who are tied with St. Louis for the NL Central lead, now have two closers with 23 saves this season. John Axford is 47-for-52 in save opportunities since becoming the team's closer on May 23, 2010. Axford's current streak of 20 consecutive saves is tied for the third-longest in franchise history.
Rodriguez, who holds the major league record for saves in a single season with 62, set in 2008 with the Angels, was traded less than a week after Scott Boras became the agent for the reliever. The question is if the four-time All-Star will be a closer or a set-up man in Milwaukee. If Rodriguez finishes 55 games this season, he'll have his $17.5 million option guaranteed for 2012. He has finished 34 games this season.
"He's definitely going to bring that success he's had in his career, that confidence to the team," said All-Star Game MVP Prince Fielder, who will be K- Rod's teammate. "You can't go wrong when you get that kind of talent."
The move leaves the Mets, who are 11 games out of first place in the NL East, without a save this season from a player on their current roster. Bobby Parnell, who has pitched over 100 mph, could become the new closer.
Rodriguez was arrested following an August 11, 2010 loss to Colorado at Citi Field, as the Venezuelan hurler allegedly hit his ex-girlfriend's father and was then taken into custody by police. The Mets subsequently issued a two-game suspension. Rodriguez injured his right thumb in the incident and needed surgery to repair a torn ligament. The Mets placed him on the disqualified list, which led to a dispute with ownership that was eventually settled.