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07/01/2010 5:09 PM ET
Giants acquire RHP Chris Ray and RHP Michael Main from Rangers in exchange for catcher Bengie Molina
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SAN FRANCISCO, CA - The San Francisco Giants have traded catcher Bengie Molina and cash considerations to the Texas Rangers in exchange for right-handed pitchers Chris Ray and Michael Main, club Senior Vice President and General Manager Brian Sabean announced today.

Ray, who has spent his entire five year career in the American League has gone 2-0 with a 3.41 ERA (12er, 31.2ip), one save, 16 walks and 16 strikeouts in 35 games from the bullpen for Texas this season. The 28-year old was in his first year with the Rangers after being acquired by Texas on December 9, 2009 from Baltimore in exchange for right-handed pitcher Kevin Millwood and cash considerations.

The Tampa, FL native owns a career record of 12-17 with 50 saves and a 4.01 ERA (100er, 224.1ip) with 193 strikeouts in 226 games. The 6-foot-3, 210-pound right-hander was the Orioles primary closer in 2006 and in 2007 as he saved a combined 49 games, including a career-high 33 rescues in a career-best 61 games in 2006. Over his first two seasons with the Orioles in 2005-06, he held opponents to a .205 average, which was the sixth-lowest figure among all big league pitchers with at least 100 appearances in that span. Last season marked his first full campaign on the mound since having "Tommy John" ligament transplant surgery on his right elbow in 2007. Ray was originally drafted by the Baltimore Orioles in the third round of the 2003 First-Year Player Draft.

Main, who was originally drafted in the first round (20th overall) of the 2007 First-Year Player Draft has compiled a 14-13 career record with a 4.03 ERA (107er, 239.0ip) and 225 strikeouts to only 89 walks in 54 games (52 starts). The 6-foot-2, 170-pound right-handed pitcher has gone 5-3 with a 3.45 ERA (35er, 91.1p) with 72 strikeouts and one complete game shutout at Class A Advanced Bakersfield this season. The 21-year old Deland, FL native will report to double-A Richmond.

Molina, who has been the Giants starting catcher since 2007, was hitting .257 (52-for-202) with six doubles, three home runs and 17 RBI in 61 games this season. The two-time American League Gold Glove winner (2002-03) is going back to the American League West where he originally began his career with the Los Angeles Angels of Anaheim. Over his three plus years as a Giant, the backstop hit .276 (474-for-1,720) with 83 doubles, 58 home runs and 273 RBI in 472 games. His 56 home runs and 260 RBI both ranked second on the San Francisco Giants All-Time Franchise list as a catcher.

This marks the second trade this season that the Giants and Rangers have made as left-handed pitcher Ben Snyder was sent to Texas on April 1, 2010 in exchange for left-handed pitcher Edwin Escobar.

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