The Deal: Left-hander Tony Sipper, shortstop prospect Didi Gregorius and first base prospect Lars Anderson to Arizona; center fielder Drew Stubbs, right-handed prospect Trevor Bauer and right-handers Bryan Shaw and Matt Albers to Cleveland; outfielder Shin-Soo Choo and infielder Jason Donald to Cincinnati.
For Diamondbacks: The D-Backs were looking for a long-term solution at shortstop, and they got one in Gregorius. He projects as a defensive wizard, and Arizona GM Kevin Towers has said that he sees shades of Derek Jeter when he looks at Gregorius. High praise, indeed.
For Indians: In Stubbs, the Indians got a center fielder who will at least bring a solid glove to the table. In Bauer, they got one of the very best prospects in baseball. He has ace-level stuff and could be a key member of Cleveland's rotation in the very near future.
For Reds: The Reds desperately needed to find a leadoff man this winter, and they got an underrated one in Choo. He quietly posted an .881 OPS as Cleveland's leadoff man in 2012.
For Diamondbacks: In essence, the D-Backs swapped an elite prospect for a fringe prospect. Gregorius has a very poor track record as a hitter, so his ceiling as a player may be as the next Brendan Ryan, rather than the next Jeter.
For Indians: The consensus is that the Indians made out very well in this trade, but that's because the consensus is still that Bauer has ace potential. He certainly didn't look like an ace in his cameo in the majors in 2012, and he supposedly rubbed teammates the wrong way with his attitude.
For Reds: Cincinnati's plan is to use Choo in center field, which could easily backfire. Choo has only logged 83 innings in center field in eight seasons. If he doesn't pan out defensively, Reds pitchers are going to be missing Stubbs.