Ken Rosenthal of Fox Sports tweeted that the deal has been completed:
Official: Sanchez deal to #Pirates is done.
— Ken Rosenthal (@Ken_Rosenthal) July 31, 2012
Peter Gammons tweeted that the Pirates also will receive minor league right-handed relief pitcher Kyle Kaminsta in the deal:
Pirates got minor league RH reliever Kyle Kaminista in Sanchez deal
— Peter Gammons (@pgammo) July 31, 2012
The Associated Press (via Yahoo!) reported that the Marlins will also get the Pirates' extra-competitive draft pick in 2013.
So the Bucs get Sanchez's right-handed bat to complement the left-handed bat of Travis Snider, whom they just acquired. Sanchez, 29, showed promise over the past few years, but he took a step backwards this year. No doubt this is why the Marlins were willing to move him.
So, is this the Bucs' last deal before the deadline? Stay tuned!