The Milwaukee Brewers have announced that they have acquired closer Francisco Rodriguez from the New York Mets in exchange for a reported $5 million (via Joel Sherman of the New York Post) and two players to be named later.  The players to be named later, according to a source close to Ken Rosenthal and Jon Paul Morosi of FOX Sports, are said to currently be in the Minor Leagues, and will be chosen from a list that the teams have agreed upon.

“Francisco has been one of the best relievers in the game for many years,” said GM Doug Melvin. “He is a high-quality arm who will be a tremendous asset to our bullpen as we prepare for the final months of the regular season and playoffs.”

K-Rod is on track to wrap up a three-year, $37 million contract, but he has a vesting option for $17.5 million for 2012 if he finishes 55 games.

The 29-year-old right-handed pitcher has long been rumored to be on the trading block.  In 42 appearances for the Mets, he is 2-2 with 23 saves and a 3.16 ERA.

Image by Keith Allison under the Creative Commons License.