Both deals were expected to be announced Wednesday, according to
a baseball official, speaking on condition of anonymity.
Estes turned down a significantly more lucrative, two-year offer
from the Washington Nationals and a one-year deal with an option
from the San Diego Padres, largely because he wanted to play close
to his home in the upscale Phoenix suburb of Paradise Valley.
Estes and his wife, Heather, have two sons, ages 15 months and 3
Estes, who turns 32 in February, was 15-8 with a 5.84 ERA for
the Colorado Rockies last season. He becomes the third newcomer to
the rotation for a vastly revamped Diamondbacks team after Arizona lost 111 games last year.
The rotation, as it stands now, includes Russ Ortiz, signed as a
free agent, and Javier Vazquez, acquired from the New York Yankees
in the Randy Johnson deal. The other starter, either third or
fourth in the rotation, is holdover Brandon Webb. All but Estes are
Hillenbrand is to be traded to Toronto for right-hander Adam Peterson, who struggled in his brief major league stint last season
but has a fastball in the mid-90s range. Peterson had a 2.54 ERA
and 15 saves with Double-A New Hampshire.
Hillenbrand hit a team-best .309 for Arizona last season with 15
home runs and 80 RBI, but after earning $2.6 million last year he
is eligible for arbitration, so the trade will be a money-saver for
the Diamondbacks, who want a payroll of about $65 million next
Chad Tracy, who played third base as a rookie last season, is a
leading candidate to take Hillenbrand's place at first.