Carlos Pena Claimed On Waivers
Buster Olney tweets that a claim was awarded on Carlos Pena. Depending on when that actually happened, the Cubs and the mystery team at the moment have about 48 hours to work out a deal. If nothing can be hammered out, the Cubs can pull Pena back off waivers or they can just let him go to the team and save the remaining salary left on his contract which includes the $5M deferred money he's owed on January 1st, 2012.
While Pena is now on track to be a Type B free agent and there's certainly plenty of value in the possibility of getting a supplemental round pick for him (although no sure thing), there's probably more value at the moment in saving the $5.5M or so he's owed, regardless of the prospects they may get back.
Possible Correction: It seems there's a bit of a confusion that if Pena is just given away, the Cubs could still be on the hook for the $5M in deferred money. Not sure why it works that way or how, but that's the current rumor by MLB Trade Rumors and Arizona Phil.
Update: Rosenthal tweets:
Pena claimed, but #Cubs likely to pull him back. Need 1B for 2012, want to keep options open. Did not get good offers before 7/31.
Considering Hendry's claim that he didn't want to make too many deals before the deadline, hopefully the thinking has changed.
Update #2 from Rosenthal:
This has gotten about 90% less exciting than it was an hour ago. My math tells me then that the claiming team would be on the hook for about $1.67M if the Cubs just let him go.
Update #3 from Jon Heyman says it was the Yankees. I assume they're just happy to take on the money then.
I've been pretty harsh with Lester here at various times but that's how it is when you pull in that kind of money, and besides, it's not like he reads my posts or would care what I have to say if he did read them for some reason. If I was him, the first thing out of my mouth would be, what level have you played this game at, pal?
Anyway, he's really looked good lately, and overall his body of work turned out pretty good, too. I'm glad his worst struggles were in April. This is such an easy team to like that I even like the overpaid free agent.
Gordo's lede today:
ST. LOUIS – Whether it’s a year early or right on time, Jon Lester’s $155 million moment arrives just after 5:45 p.m. Friday.
*checks pulse again*
Who are you? Andy Rooney?
Colbert has our backs
K-DUB: I get a chance to see the other MLB clubs Player Development operations out here and I have talked to scouts and other baseball people about it, and I can tell you that the Cubs Player Development program has gone from being almost a joke to one of THE best.
how did ej martinez go from asking for $10m, to supposedly mulling over $7m offers, to eventually signing for $3m?
...and what happened with him and the giants a few days ago?
Its not official until AZ Phil adds him to the Cubs Depth Chart!
Just freakin love it!
From Keith Law:
This from a Kiley McDaniel chat a couple weeks ago...
"Comment From Wrenzie
Who has more ceiling between Yusniel Diaz or Eddy Julio Martinez?
Kiley McDaniel: Martinez. I have Eddy (20 years old) as a 65 runner with a 55 arm and 50 raw power that profiles as an everyday CF that could be above average depending on if the bat is a 45 or a 55. I have Yusniel (19) as a 60 runner with a 55 arm and 40 raw power that can be an everyday guy if he hits enough (50 or 55)."
"Per Jesse Sanchez at mlb.com, Cubs reportedly have signed 20-year old Cuban OF Eddy Julio Martinez for $3M bonus.
Arizona Phil 7 hours 23 min ago"
it's day old news, and it's got nothing to do with the cubs, but ichiro signed a $2m deal with MIA (with a $2m option for 2017).
neat. 41 years old and damn close to 3000 hits.
also, rain delays suck.
take that giants
I think that if a team objects to the 1-game wildcard playin game so much, they could just win the pennant and avoid themselves the trouble.
Per Jesse Sanchez at mlb.com, Cubs reportedly have signed 20-year old Cuban OF Eddy Julio Martinez for $3M bonus.