Mariners offer Putz

The Seattle Mariners are rumored to be in discussions with the Sox for Manny as well. There are a couple scenarios here:
In the first, the Sox trade straight-up with the M's for reliever J.J. Putz and (depending on who's doing the rumormongering) either Richie Sexson or centerfield prospect Adam Jones.
The other rumor is a three-team deal involving the Giants with Putz and Jones to Boston, Sexson to San Francisco and Manny and Noah Lowry to Seattle.
Either way, you can cross one hole off Theo's to-do list: a closer. Putz is a stud. He is 29 years old and threw 78.1 innings last year, saving 36 games with a 0.92 WHIP and 2.30 ERA. Some deeper numbers:
11.95 K/9, 0.46 HR/9, 8.09K/BB.
The Nationals have apparently made late efforts to jump in on this trade, proposing a three-way with the Giants that would have Chad Cordero and Felipe Lopez coming to Boston and Lowry, Jonathan Sanchez and Brian Wilson going to Washington.
Cordero is a 24-year-old closer who had 29 saves last season with a 3.19 ERA and a 1.10 WHIP.
Looking at the peripherals, he had 8.47 K/9, 1.60 HR/9 and 3.13 K/BB with 3.31RA.
Lopez is a 22-year-old shortstop who hit .281 / .362 / .365. Don't be fooled by the .365 SLG, he has shown some pop in the past and projects to hit quite a few homers for a shortstop. He's also a speed demon.