MLB Trade Rumors has announced that the long-rumored Andrew Bailey to the Sox trade talks have finally come to fruition. The Sox acquire the Oakland closer in exchange for former top prospect and 2011 big league contributor Josh Reddick.

More details to come…

Update #2: You can read my thoughts on the trade over at The Outside Corner.

Update#1: The Sox will also get outfielder Ryan Sweeney in the deal and send a prospect package of Miles Head and Raul Alcantera to Oakland per Buster Olney on Twitter.