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.
That is pretty fucking dumb.
yeah, that steve clevenger.
Where did you get 30ish number?
Close second to Ronny
Dumber than Ronny Cedeno?
runner-up seems to be as strong as in the bidding as it gets aside from winning the bid.
You believe they were in the bidding, I have an ice rink on Clark to sell you
Oh God, no Adam Eaton he's dummber than a bag of wet hair. keep him awsy
Edit: Not advocating for Miller, just pointing out it has more legs than some of these other guys.
http://www.fangraphs.com/blogs/shelby-miller-pseud... (link is external)
Jerry Crasnick @jcrasnick 6h6 hours ago
#Braves are smitten with Jorge Soler, person said. Julio Teheran likely wouldn't get it done. Could Miller spark interest from #Cubs?
2018: $4M (or salary arbitration 2018-20)
2019: $4M (or salary arbitration 2019-20)
2020: $4M (or salary arbitration 2020)
1. Carlos Carrasco
2019: $9M (club option with $662,500 buy-out)
2020: $9.5M (club option with $662,500 buy-out)
- OR -
wow, so STL is ready to throw 30m down on a pitcher? yow...that changes the offseason outlook a bit.
it seems greenkey is supposedly not going to be a cub so it leaves cueto or trade...or scrap heap.
Guess who was runner-up in the Price is Right?
Not a fan of ex-cardinals. It was tough enough watching Jim Edmonds.
Hope they don't go after Shelby GT Miller
greenkey, cueto...or...umm...a trade with ATL?
the more pieces that fall, the more it seems like soler is going to be playing in ATL next year.