Tony Campana Designated for Assignment
The 32-year old Hairston signed a two-year contract that will reportedly pay him $6M ($5M guaranteed plus another $1M in potential perfoemance bonuses).
Because he was an Article XX-B MLB FA post-2012, Hairston will have automatic "no trade" rights through June 15th. He can waive this right, but if he does, he can be traded for cash and/or player contracts with a maximum aggregate value of $50,000.
The Cubs 13th round draft pick out of the U. of Cincinnati in 2008, Campana hit 262/306/300 with 54 SB (5 CS) in 184 MLB games over the previous two seasons (2011-12), and is considered to be one of the fastest players in MLB. He will be 27 in May.
A reminder about how the DFA process will work with regard to Tony Campana:
1. The Cubs have ten days to either trade, release, or send Campana outright to the minors. (He cannot be returned to the 40-man roster because he was replaced on the 40 by another player).
2. Outright Assignment Waivers must be secured by the 10th day, so Campana can be placed on waivers no later than next Monday (2/18), and thus the Cubs will have until 2 PM (Eastern) on Monday 2/18 to trade Campana because the "waiver ride" takes two business days (actually it takes 47 hours, including Saturdays, Sundays, and holidays during Spring Training and the regular season, not including Saturdays, Sundays, and holidays during the off-season). So in this case, the Cubs only have eight days to trade Campana, not ten.
3. The Houston Astros have first priority on Outright Waiver claims at this time. (The previous season's standings are used to determine waiver claim priority during off-season, Spring Training, and up through the first 30 days of the MLB regular season, then the standings as of the morning the players clears waivers are used beginning on the 31st day of the regular season). Whether it is an American League team or National League team making a waiver claim does not matter EXCEPT for Trade Assignment Waivers (required to trade players on the 40-man roster beginning on August 1st up through the conclusion of the MLB regular season), where clubs in the waived player's own league get first priority over clubs in the other league, even if the club in the other league has a worse record than the club in the player's own league.
4. Campana CANNOT elect to be a free-agent if outrighted because he has not accrued at least three years of MLB Servicve Time, he is not a "Super Two" player, and he has not been outrighted previously in his career. He would not be eligible to be an MLB Rule 55 minor league free-agent (6YFA) until post-2014, although he would be eligible for selection in the December 2013 Rule 5 Draft if he is not added back to an MLB 40-man roster in the meantime.
5. If waivers are secured and Campana is outrighted to the minors and then is added back to the Cubs MLB 40-man roster prior to the conclusion of the 2013 MLB regular season, he would burn a minor league option (he presently has two left), even though he was outrighted (not optioned) to the minors. (No minor league option would be spent if he is outrighted to the minors and then is added back to the 40-man roster AFTER the conclusion of the 2013 MLB regular season)
Even though this is the best time of the year to sneak a player through waivers (because most MLB 40-man rosters are full), I think it's fairly likely that Campana will get claimed. I believe the Cubs would have had a much better chance of getting Ian Stewart through waivers (as they did with Blake DeWitt and Manny Corpas about this time last year) than will be the case with Campana.
I believe Campana could have value to a lot of MLB clubs as a "5th outfielder" (pinch-runner & late-inning defensive replacement), so it's possible that the Cubs will be able to trade him to another club before he has to be put on waivers, in exchange for a "second-tier" type prospect who is not on the other club's 40-man roster.
I'd prefer it not happen too.
it's a hell of a blockbuster, but it's for a guy who pitches 1/3rd of a season at an extreme premium considering the guy being traded and if the early extension $$$ rumors are true.
it's one of those things that is bringing a guy at the top his game, but something is nagging me that this trade piece could have been put to better use.
a huge part of me is all "hell yeah, top of the line producer"...another part of me is "hmm, that for that?"
Still don't want. Kinda hope they can't work out the extension.
obviously not, and I'm sure they did their homework...just hope they have some better answers than the Yankees
Chapman 12+ Career WAR. Currently 4.7:1 k-BB. With Rondon/Chapman/Strop/Nathan/Montgomery/Wood...Its the best pen I can recall other than Sutter or Lee Smith handling things themselves.
Its gonna suck if he gets injured, and it appears he's not the greatest of characters.
But, he'll have another Cuban to hang out with on the team.
I agree with the names you mention but there are lots of names being tossed around still and there's that small matter of Chapman agreeing to the extension.
Heyman, Wiatt, and Sharma are definitely reliable sources. Wiatt and Sharma have a ton of connections with the FO, and Heyman is one of the national guys who usually breaks stories first along with Rosenthal and Passan.
Twitter is even more nonsensical with names and rumors than usual right now. I'd wait for a real confirmation from someone reputable at this point before getting too worked up.
a'ite then. i mean, at least they're getting one of the best at a young/durable age even if there's a heavy price to pay for it.
i pretty much assumed this would be one of the last kinds of things they'd do...give up a top prospect (probably the best in the system) to get 1/2(ish) year of a reliever followed by multiple years locked in at his market value.
i wonder if there's other players going back/forth, too.
i mean, it's not like it's a horrible thing...this is just something that seems out of profile.
Suspend him for the rest of the year and get him ready for the Schwarber era?
Sadahev Sharma says the names are done. Torres and other parts for Chapman only.
i liked it better when Cubs were really good and likeable.
will be very curious how and if they address the DV incident.
We are coming into the realm of, ""this ain't the old Cubbies...", with the printing money machine coming online. They'll be able to handle it.
15m a year for 65-70 innings...phew.
i mean, technically he's worth it, but wow...the cubs? a'ite.
Heyman is reporting Trees + for Chapman is almost done. Rian Wiatt at BP Wrigleyville reports that the agreement is waiting on Chapman to agree to a 4-year, $60 million extension that is contingent on the trade.