UPDATE 5/2/2013: The Houston Astros have completed the December trade that sent righty reliever Wilton Lopez to the Colorado Rockies.
Minor-league outfielder Jose Monzon has been sent to Denver as the player to be named later in the deal, the Rockies have announced. Monzon, 21, has spent the last three seasons in Rookie ball, batting just .219/.323/.296 in 133 games. He will report to Colorado's extended Spring Training.
The Rockies have acquired reliever Wilton Lopez from the Astros, reports Troy Renck of the Denver Post. The Rockies are sending Alex White and Alex Gillingham while the Astros are sending a player to be named later, according to Brian McTaggart:
Astros acquire RHPs Alex White and Alex Gillingham from the Colorado Rockies in exchange for right-handed pitcher Wilton Lopez and PTBNL.— Brian McTaggart (@brianmctaggart) December 5, 2012
The Astros previously tried to trade Lopez to the Phillies, but they did not like what they saw in Lopez's physicals and they backed out of the trade. The deal would have sent pitcher Tyler Cloyd and one other to Houston, so this deal should have a similar return to that one.
Lopez, 29, had an ERA of 2.17 in 2012 for Houston. He accumulated 10 saves and pitched 66.1 innings for the Astros, and is viewed as a set-up man by many teams.
Renck says the Rockies will send two young pitchers to the Astros, and mentions that minor leaguer Parker Frazier will not be in the deal, as Renck had reported earlier that Houston liked the Rockies' minor leaguer.
Lopez is arbitration eligible, and made $515,000 last season. He is team-controlled through 2016.