Friday night, the Brewers traded Neal Cotts to the Minnesota Twins. Milwaukee will be receiving a player to be named later or cash in return for the left-handed reliever.
Earlier on Friday, it had been reported that Cotts was claimed on revocable waivers. Post-trade deadline, any player being dealt must either pass through those waivers, be traded only to the claiming team, be allowed to leave to that team for nothing, or be taken off waivers to remain on the original club the rest of the season. Thus, the Twins were the claiming team in this case.
It's a little surprising that Cotts made it through the NL in the process. Because the Brewers are in the National League, all NL teams had a chance to claim him before the American League. Teams with worse standings have dibs within leagues.
After some early struggles, Cotts proved to be a pretty decent role player for the Brewers and finished with a 3.26 ERA and 8.9 K/9 over 49.2 innings with the team. Since the start of June, he had just a 1.93 ERA. Still, with the Brewers going nowhere there's more value in anything the Brewers receive than having Cotts pitch well out of the bullpen.
In addition to what the Brewers get in return, they are saving about $700K on what was owed to Cotts the remainder of the year.