The Boston Red Sox made a pair of trades on Wednesday, acquiring first baseman Adam LaRoche from the Pittsburgh Pirates and outfielder Chris Duncan from the St. Louis Cardinals in two separate deals.

Bet 2009 World Series Odds

The BoSox sent minor league shortstop Argenis Diaz and minor league pitcher Hunter Strickland to Pittsburgh for LaRoche, who will play first base on the days Kevin Youkilis moves to third to spell the oft-injured Mike Lowell.

For Duncan, Boston parted with shortstop Julio Lugo, who was recently designated for assignment. Duncan will probably be sent to Triple-A so that he can build his confidence back up after a brutal stretch at the plate this season. Lugo, who turned out to be one of the worst offseason pickups for any team in quite some time, will split time with Brendan Ryan in St. Louis.

Boston will assume all of Lugo’s salary, which amounts to $13 million in remaining money.

Oddsmakers from online sports book SPORTSBETTING currently have the BoSox listed as a 4/1 favorite to win the 2009 World Series and 9/4 favorites to win the American League Pennant.

Bet 2009 World Series Odds

Posted: 7/22/09 7:40PM ET