Dodgers acquire Mat Latos, Mike Morse, draft pick from Marlins for 3 minor leaguers, per reports

The Dodgers made their first big splash before the non-waiver trade deadline on Wednesday, acquiring pitcher Mat Latos and outfielder / first baseman Mike Morse and a Competitive Balance draft pick from the Marlins in exchange for three minor leaguers, per Clark Spencer of the Miami Herald and Ken Gurnick of MLB.com.

More details certainly to follow, but here is what we know.

Latos, 27, definitely fits the bill as someone whose peripherals are outperforming his superficial ones. Latos is 4-7 with a 4.48 ERA in 16 starts, with 79 strikeouts and 25 walks in 88⅓innings this season. His FIP is 3.34, his xFIP is 3.55 and his SIERA is 3.70.

He averaged 180 innings and 164 strikeouts in 29 starts from 2010-2014 with a 3.27 ERA, a 116 ERA+.

Morse, 33, is having a bad year in Miami, hitting .214/.277/.314, but he is one year removed from hitting .279/.336/.475 with 16 home runs for the Giants.

Latos is making $9.5 million this season and will be a free agent at the end of the year. He has roughly $3.48 million remaining on his salary.

Morse is making $7 million this year and $8 million in 2016, per Cot's, and sounds a lot like the freight used to buy an extra draft pick at the very least. He has roughly $2.56 million remaining in 2015.

The Marlins might be sending money in the deal, per Ken Rosenthal of Fox Sports, but the details aren't yet known.

The Competitive Balance pick is one of 12 draft picks that can be traded, though each pick can be traded only once so this is the Dodgers' to keep. The pick is the fifth pick in Competitive Balance Round A, which is after the first round and supplemental first round.