The Rangers have reportedly traded minor league outfielder Tim Smith and minor league catcher Manny Pina to the Kansas City Royals for 22 year old RHP Daniel Gutierrez.
Our man z has a rundown on the prospects involved over at the DMN blog...basically, the Rangers traded a couple of interesting positional players with limited ceilings for an enigmatic higher-upside pitcher. I think it is fair to say that the Royals are more likely to get a major leaguer out of the deal, albeit probably a backup or role player, while the Rangers are more likely to get an impact player out of the deal.