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.
2 spots left on the 40-man...wonder if they're going to play around in the rule-5 market...
A special after day after Thanksgiving thanks to AZ for his insanely detailed posts on all things roster. I don't know how you keep track of all that stuff - I suspect a chip implant, but whatever it is, it's cool.
...the wrong half.
there's nothing like crapping out of the playoffs with a strong/young cheap team after pinching pennies for years then having theo talk about having to be creative with money to make things work for 2016...but hey, baseball isn't baseball without a farmer's market and beer garden plaza with ice rinks.
they can do both...then again, if you want to look at it from a business point of view, they don't have to do both because the team is expected to be competitive and the merch+tickets+eyes-on-team are going to be at a peak unless they fail badly.
They are trying to bring the facility to the 20th century.
I think they know what they are doing.
With the Cubs adding Pierce Johnson to their roster and not exposing/losing him to the Rule 5 Draft keeps the trade ancestry tree alive that started in 1999 with Tom Gordon and undrafted Adam Morrissey and includes 17 players, the trade tree progressed to involve the Hee Sop Choi for Derrek Lee deal and the famous Aramis Ramirez/Kenny Lofton deal..Pierce Johnson is the compensation pick for Aramis Ramirez in 2012
the Rex brothers?
Yeah, the Rex brothers, Tyrannosaurus and Oedipus
When I first saw the Tweet, I thought there were two guys. Happy Thanksgiving gang! And TheoJed!
They can use another Brother
Cubs acquired Rex Brothers. Awesome fit for this team. Wander Cabrera going to COL.
"MLB announces #Cubs Minor League RHP Tanner Griggs receives 50-game suspension without pay after testing positive for amphetamine"
2014 12th rounder...
it's hard to know who to blame...on one hand he's a baseball player, on the other he sells cars in the offseason...either job leads to amphetamine abuse. =p
Thanks PHIL! I thought only the Cubs had control until the last day of the MLB 2015 Season.