12:08pm: Yahoo's Tim Brown says it's a done deal, with the Twins sending Tyler Ladenorf to Oakland for Cabrera.
Cabrera, 34, is hitting .280/.318/.365 on the season in 448 plate appearances. He has $1.75MM remaining on his contract, once you factor in a $250K bonus for being dealt. Though he profiles as a Type A free agent after the season, Cabrera's agent wisely negotiated a clause disallowing his club to offer arbitration. So, no draft picks for the team for the loss and no impediment to signing Cabrera from the player's point of view.