Olivera is the kind of return I would expect to get for a guy like Wood if in the last year of his deal.
Why? Because in addition to the valuation for each player, you also have to look at team needs. The Dodgers have 0 need for Olivera now or in the future and were on the hook for his contract. To them, the only possible value he has is in what he would bring back in a trade. That actually does diminish his value on the market, and it should diminish his value more than any perceived possibility of an injury to Wood in the future.
The Dodgers do have a striking need for another good SP, even if just for the rest of this year. Unloading a piece that they have to pay but will provide little value to them seems like a fair price to pay for a rental SP for a stretch run.
It does not in any way seem like a fair price for a good 24-year-old SP with 4 years left on a rookie deal and a top-30 prospect ready to hit the majors with 6 years left on a rookie deal.
From our standpoint, in the middle of a rebuild, we got a 30-year-old 3B/2B with a good bat and questionable defense with significant injury concerns who has never seen major league pitching and gave up a 24 year old who pitched extremely well for us for 3 years and had 4 years left on a deal plus a very good prospect with little power or walks but very good defense, speed, and a good hit tool.
From their standpoint, they got a good #2 starter for the stretch run and a guy they'll still have as either a pitcher or an asset for 4 more years and a very good SS prospect with little power or walks but very good defense, speed, and a good hit tool. And they gave up a player who has yet to play in the majors and is probably blocked.
How anyone can say this deal is anywhere near good from our standpoint, especially compared to theirs, is beyond me.
Couldn't Olivera have played 2B for therm?