The Cleveland Indians needed to acquire a starting pitcher to bolster their team for a run at a playoff spot in the AL Central.
Ubaldo Jimenez is the aforementioned starting pitcher.
The Indians gave up a lot to get the 27-year-old righty from Colorado, parting with SPs Alex White and Joe Gardener as well as 1B/OF Matt McBride and a player to be named later. The player to be named later will be lefty starter Drew Pomeranz. Pomeranz, who was the fifth overall pick in the 2010 draft, is not eligible to be traded until August 15th, hence the PTBNL .
Jimenez is also appealing to the Tribe and other teams because he is controlled through 2013 at a reasonable cost of 2 million and change that progresses up to 5 plus million.
Colorado sold very high with this trade and got a lot in return, receiving Pomeranz who in a lot of people’s minds is perceived as one of the top 15 or 20 prospects in baseball. He is currently in AA and could be in the Majors next year or the year after.
White has already been in the Majors and pitched well in 3 starts for Cleveland, going 1-0 with a 3.60 ERA in 15 innings pitched.

Here’s a recap-
Indians Acquire- SP Ubaldo Jimenez
Rockies Acquire- Minor League SPs Alex White, Joe Gardener, 1B/OF Matt McBride, PTBNL (Drew Pomeranz)