This potential deal makes a ton of sense for both sides, but particularly for the Dodgers.
As solid as Capuano was for the Dodgers last season, at least one starting pitcher is going to have to be dealt this offseason to make room for a guy like Zack Greinke or Anibal Sanchez. This would be a step in the right direction.
The term "full circle" comes to mind, as Hanrahan was drafted by the Dodgers in the second round of the 2000 MLB Draft. He was once considered a top prospect as a starting pitcher. He even threw two no-hitters in the minors. However, he never made an appearance with the Dodgers before he was granted free agency in 2006.
Hanrahan, despite an odd 2012 campaign in which he gave up eight home runs (he gave up seven in the previous two seasons combined), had a 5.4 walks per nine innings and an ugly 4.45 FIP, he was able to compile a 2.72 ERA, 10.1 strikeouts per nine and 6.0 hits per nine.
Before 2012, he was on he was to elite status. I'm of the belief his 2012 was more of an aberration and his 2010 and 2011 seasons are more the norm.
The 31-year-old will likely earn about $6-$7 million in his final year of arbitration, which is a drop in the bucket to the Dodgers. Capuano is due $7 million guaranteed this season, so the salaries are almost a wash.
The Pirates need help in the rotation while the Dodgers need to free up space in the rotation -- it seems like a good match. If the Dodgers can land an arm such as Harahan for a guy like Capuano, it seems like a no-brainer for me.
While Capuano is a better pitcher than Aaron Harang and more of a sure thing than Ted Lilly, he also holds more trade value on the open market. There's no way a team like the Pirates would want Harang or Lilly for Harahan.
If the Dodgers land him, they'll have an absolutely nasty bullpen. He wouldn't close like he did in Pittsburgh, but it'd be tough to name a better seventh-inning guy than Hanrahan.
Scott Elbert (provided his elbow is OK)
That's not even including guys like Javy Guerra, Shawn Tolleson or whoever else the Dodgers might acquire.
The Dodgers probably won't make this deal until they're sure his spot is upgraded. But it almost seems like a formality at this point. I'm all for it, if and when it happens.
Photo credit: UC International, Wikimedia Commons