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.
Not certain why the site has been slowed. Worked much of Wednesday on it and will continue today. Sorry for the inconvenience. I will probably take it offline for a while, but it will be up before the game against the Mets.
Mine has been really slow to load -- on different computers from different locations.
Anybody else have issues accessing the site this afternoon/evening?
Boras is 63, maybe he'll be retired or dead by the time Bryant, Russell, Almora, Albertos all hit free agency. Doubt he will be before Jake hits there though.
Interesting choices when guys get healthy.
LaStella, Fowler & Soler replace Coghlan, Almora and Sczcur? I assume they don't want Almora to sit.
Despite MIggy's demise, I assume they keep him around to mentor Contreras?
I believe Willson now has more CS than MIggy. The kid has an arm. Also, Russell is amazingly good on those plays at 2nd.
oh yeah...thanks joe/billy.
poor outing, still got the win, go cubs.
Although it felt like it, Jake didn't lose to them -- he got the W. (Assuming you are referring to Monday's game)
Arrieta didn't lose to the Reds. He got the win -- he just didn't pitch like we expect him to.
almora's 1st HR!
it's not like this CIN team is lost-cause horrible, but aside from defense and power this is a truly horrible team.
kinda crazy arrieta lost to them and yesterday's game had to go 15 innings for the cubs win.
It looked like Hamilton got screened by Duvall and that Duvall just barely deflected the ball off of his glove--redirecting it slightly without taking away much of its momentum.
At least it didn't turn into a Schwarber/Fowler situation. Hamilton and Duvall are both pretty important youngish players for the Reds.
he walked off the field on his own. aside from a concussion watch and some attention to his leg/knee that buckled a bit under him, the biggest thing hurt was probably his pride after the ball knocked off his skull.
After last night, an inside-the-park HR seems kind of run-of-the-mill somehow.
Sounds bad for Hamilton. Hope he's okay--listening on the radio.
SHOW ME THE MONEY: Jose Albertos has signed with Mega-Agent Scott Boras.
Albertos has already received his signing bonus and won't see any additional significant money until he reaches the big leagues, so this is a long-term investment for the Boras Corporation.
Other Cubs represented by Boras include Jake Arrieta, Kris Bryant, Addison Russell, and Albert Almora Jr.
I am glad Joe is managing this team and not Old and Blue!