The Padres have received a lot of interest from teams on three catchers -- Grandal, a switch-hitter, Rene Rivera, who had a career revival last season, and Austin Hedges, who is regarded as the top defensive backstop in the Minor Leagues.
Grandal would likely fetch the Padres the most in return in a deal, though in a potential trade for a player like Kemp -- a two-time All-Star who has hit 20 or more home runs five times in his career -- the Padres would certainly need to add much more.
Kemp is still owed $107 million over the final five years of his contract, which might seemed daunting for a franchise not used to spending big. However, the Padres were willing to go six years and in excess of $100 million to land free-agent third baseman Pablo Sandoval, who eventually signed with the Red Sox for five years and $95 million.
The report indicated that the Dodgers could include cash if a deal were to be made.
The Padres could possibly include starting pitcher Ian Kennedy in a deal. He's set to make close to $10 million this season, but would give the Dodgers a mid-rotation arm capable of pitching 200-plus innings.
Logan White, the Padres' professional scouting director and first-year senior advisor to first-year general manager A.J. Preller, is certainly very familiar with Kemp, having selected him when he was running the Dodgers' Drafts.
Kemp has a career .322/.372/.495 line in 234 plate appearances at Petco Park, with 14 doubles, seven home runs and 34 RBIs. He would immediately become the middle-of-the-order bat the Padres have been seeking.
As for Grandal, he had major surgery on his right knee in August 2013 and only caught 76 games this past season. It wasn't a knock on Grandal, but many pitchers on the staff preferred pitching to Rivera. Grandal was able to catch more this winter and expressed interest in doing more in 2015.
Corey Brock is a reporter for MLB.com. Keep track of @FollowThePadres on Twitter. This story was not subject to the approval of Major League Baseball or its clubs.