Tigers place Justin Verlander on revocable trade waivers

The Detroit Tigers placed pitcher Justin Verlander on revocable trade waivers on Wednesday, according to ESPN's Jerry Crasnick.

What It Means:

Others will follow, but Verlander is one of the first players to hit revocable waivers this August. With a giant contract, it's likely he goes through unclaimed, which would allow Detroit to explore trades with any and all clubs.

With a 2.95 nERD, Verlander rates out as MLB's 14th-best pitcher. As for the rest of the year, our models project the 34-year-old for a 4-3 record, 4.17 ERA and 1.26 WHIP across 62-plus innings.