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.
one of the slowest men in the game is taking a 20+ft lead off 2nd.
i think the "he's working on throwing over" knockdown scare has worn off in the 4th inning.
it keeps working, though. this is at least the 3rd time someone from the club has announced "he's working on throwing over" and the opposing team being cautious the next game. they should do this before every start.
Lester does not get the Michael Jordan treatement from umpires. He really has to fight for his strikes sometimes.
something tells me this isn't godley's day.
Page loading faster, comments are very fast now.
BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!! BAEZ WITH A BASES LOADED WALK!!!!
great time to have a kid...much approved. more teams should be inducing labor around the cubs schedule.
cruising fast now
How does one strain a bone?
Also, what is the Cubs' record with Schwarb in the lineup?
Len just said Cubs are last in the majors in batting average. I had to look that up to confirm it. Methinks the opposite will be true in a few years.
So much congratulations!!
Goldschmidt back in AZ for birth of child.
I removed the work that dynamically updated the comments sections. Guess too many were experiencing a slow down.
Der Kaiser out 3-5 days with rib strain.
Will be reevaluated then.
Dear Webmaster: Current home page loading time is slightly over 1 minute 15 seconds. Opening this page was similar.
These are minutes of my life I can't get back. Sad but true. There is a fracture, I need to fix it.
Just took a long time to open right now