Peguero was traded to the Red Sox on Wednesday for cash. The Rangers designated Peguero for assignment last week after the 28-year-old posted a disappointing .186/.310/.414 batting line in 84 plate appearances with the major league club. Rather than just lose him to waivers, the Rangers opted to trade Peguero to the Red Sox, and he will reportedly join the big club as a reserve outfielder. Peguero has hit .279/.348/.530 in parts of five seasons at the Triple-A level.