UPDATE: The Miami Herald says it's for 4-star prospect Jose Ceda. Shiite. Too much, way, way too much. And since Ceda was one of the possible names going to San Diego for Jake Peavy, you have to think that ship is about to sail.
Double check my work if you wish, but I believe Gregg is set to be a free agent after 2009 and is arbitration eligible for this year. He made $2.5M last year.