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.
welcome to the cubs j.nathan.
2 pitches into the inning and there's a guy on 3rd with 0 outs (triple).
his velocity is hanging around 91/92mph.
Always a good idea to bring in Richard against a LH batter.
Russell left game with left heel contusion from foul ball on Saturday. Started to bother him during the Sunday game.
a.russell out and down into the clubhouse...no one knows why.
it's very hot on the field, so it might be heat related.
I blame the All-Star game again, or else Michael Barrett.
Miller park roof is closing. Hmmm, might play differently now?
Lester at 72 pitches through 3. Roof closing might get him through 6.
Middlebrows pulls a calf or hamstring. Len says he blew a tire rounding 1st. Nieuwenhuis enters game.
Now roof opening. Dizziness. No AC in the ballpark wrt the field.
just to lighten the mood:
Shark's day: 5.2 IP 5 Runs (all earned), 8 Hits, 2 HR. Left the game down 5-0 to Yankees.
Anyone expecting game 4 NLCS Shark vs Hammel or Lackey?
First inning: two on, no out, Rizz and Zobrist due up. Don't score.
Third inning: two on, one out, KB and Rizz due up. Don't score.
This is getting' old, fellahs.
KB still with ZERO RBI since the A/S break. Ouch.
62 through 2ip...yow.
it's an off day for d.ross, too. the wild pitch + passed ball in 2 separate strike 3 calls allowing the runner to reach 1st and the 5sb through 2ip makes for a bad game so far. ross cant shoulder any blame for some of those SBs, especially that villar steal of 3rd while lester watched him.
39 pitch inning by Lester. I guess it's a wash vs yesterday's 1st when Lackey gave up 2 run HR.
39 pitch, 2 run, 1st inning for lester. bleh.
horrible control so far today.
lester threw over to 1st! ...badly. braun takes 2nd.
it was a slow rainbow throw.
wow...villar just stole 3rd (after stealing 2nd) by walking 1/2 way to 3rd and then just sprinting toward 3rd with lester watching him do it from the mound.
Torres for Chapman I think Yankees are aiming high,but would much rather get him to keep away from Giants or Nationals.