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He was batting .213 with six homers and 21 RBIs in 64 games this season, his sixth with Oakland. Laureano is a career .246 hitter with 68 home runs and 205 RBIs in 471 games.
Laureano has spent two stints on the injured list this season with a left groin strain and a right hand fracture.
The Guardians designated right-hander Chris Vallimont, 26, for assignment in a corresponding transaction.
