All three pitchers rank in the top six of the Indians prospects by MLB.com with Pomeranz, the fifth overall pick in 2010, ranked second behind third baseman Lonnie Chisenhall.
Technically, Pomeranz can't be traded until August 15th.
Jimenez, who was rocked last night (four walks and four earned runs in one inning), has a reasonable salary over the next couple of seasons: $2.8 million (2011), $4.2 million (2012) and $5.7 million (2013). There is a club option for $14 million in 2014, but Jimenez can void that due to the trade.
But ESPN's Keith Law thinks that the Indians made a bad move for two reasons. First, the Indians have struggled (23-36) since their surprising start (30-15), which came against relatively easier competition. Second, it's unclear which Ubaldo Jimenez the Indians will get.
Last year, Jimenez was 15-1 with a 2.20 ERA heading into the All-Star Break. Since then, Jimenez has a 10-16 record with an ERA of 4.19.
"He's been a little beat up this year," closer Chris Perez said of Jimenez (via Paul Hoynsie of the Cleveland Plain-Dealer), "but Colorado isn't the easiest place to pitch. His road numbers are much better and he's on a club-friendly contract.
"I think we gave up a lot of talent, but you have to give talent to get talent. Pomeranz has a lot of talent, but at the same time he's never pitched up here. In five years we might be kicking ourselves."
As of last night's game, the Indians are 53-51 and 1.5 games behind the Detroit Tigers (56-51).