Rule 5 Draft Update
The Toronto Blue Jays have designated RHP Randy Wells for assignment.
Wells was selected by the Jays from the Cubs AAA Iowa roster in the Major League phase of the MLB Rule 5 Draft last December, and although he pitched well enough in Spring Training to earn a slot on Toronto's Opening Day 25-man roster, he finally got caught in a numbers game
The Jays now have ten days to either trade or outright Wells, although they actually have to do something with him within eight days because it takes two days for a player to clear waivers.
If the Blue Jays trade Wells to another club, the new club assumes the Rule 5 obligations (player must remain on the club's 25-man roster for the entire 2008 season).
If the Jays can't find a trading partner, they will place him on Outright Assignment Waivers, and if he goes unclaimed, the Cubs will have the opportunity to reacquire Wells for $25,000 (half the Rule 5 Draft price). If the Cubs choose not to reclaim Wells, the Blue Jays get to keep him, and he is automatically outrighted to the minors.
But the Cubs historically always take back Rule 5 players if they get the chance (Dubois, Szuminski, Hagerty, Mateo, Holdzkom, and Campusano), so if they are given the opportunity to reacquire Wells, they almost certainly will.
Also, RHP Tim Lahey was Designated for Assignment by the Phillies last Saturday, and the Phils will need to trade Lahey by this weekend or else place him on Outright Assignment Waivers.
Lahey was the #1 pick in the 2007 Rule 5 Draft, as the Tampa Bay Rays selected the big right-hander from the Minnesota Twins AAA Rochester club. Then immediately after the draft, the Rays sold the rights to Lahey to the Cubs for $100,000 (twice the Rule 5 Draft price).
The rubber-armed Lahey showed some flashes of upside in Spring Training, but he is still a bit raw (a converted catcher, he's only been pitching for two years), and the Cubs didn't have a spot for him on the 25-man roster. So he was placed on Outright Assignment Waivers two weeks ago, just before the start of the regular season.
Lahey was claimed off waivers by Philadelphia (with the Phillies assuming the Rule 5 obligations), but got into no games with the Phillies before being Designated for Assignment last Saturday to make room on the 25-man roster for Brad Lidge, who was reactivated from the DL at that time.
Just as with Wells and the Jays, the Phillies have 10 days to either trade or outright Lahey, but if they don't trade him, they have to place him on Outright Asignment Waivers within eight days, because it takes two days for a player to clear waivers. If Lahey does clear waivers this time, then he must be offered back to the Twins.
And if Lahey was in fact the tentative PTBNL in the Craig Monroe deal, then the Twins will certainly opt to reclaim Lahey, and if that happens, then he can be traded to the Cubs.
One thing to remember about MLB Rule 6 (the rule that governs the disposition of Rule 5 players who are not retained on a 25-man roster) is that if the player clears waivers and his original club takes him back, he is automatically outrighted back to the AAA club from which he was drafted. He is NOT placed on the club's 40-man roster.
So if the Cubs do reclaim Wells from TOR and/or reacquire Lahey from MIN, both would initially be assigned outright to AAA Iowa, and would not have to be added to the Cubs 40-man roster. However, both Wells and Lahey (if they were to be reacquired by the Cubs) would be candidates for recall later this season, and both would likely be added to the Cubs 40-man roster by the end of the season.
It would be nice to have arms like Wells and Lahey at Iowa to provide the Cubs some additional middle-relief depth for later in the season.
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.
that's awesome...makes me look forward to hearing theo talk some more about how the team needs to be creative with finances because money is tight.
See What The Cubs Are Building This Off-Season For Wrigley Plaza, Clubhouse
CUBBIES-4-EVER: It's not unusual for a PTBNL to be chosen after the Rule 5 Draft from the list of Rule 5 eligible players who were not selected. That way, a club gets a player they like (perhaps somebody like OF Jeffrey Baez) without the cumbersome Rule 5 roster restrictions that go with a Rule 5 Draft pick.
Clayton Richard is absolutely, positively NOT a free-agent. He is under club control through the 2016 season.
Haren was 4-2 with a 4.01 ERA with the Cubs. Seems like he worked out just as expected.
Did they ever say or who the PTBNL or cash decision on Rodney was or who was the PTBNL in the Austin Jackson deal was yet? Neither was worth whatever they gave up. Cahill and Richard were the only two good "deadline" deals they made. Hunter (given Lake was the odd man out by far and taking up a roster spot) and Haren weren't worth it.
MLB.com says he is, cubs.com site says he's a Cub, great cooperation between the 2 sites, weird
The drafting of Shea at #1 was a sign of things to come -- an undersized white linebacker who's not particularly fast; lets make him an NFL defensive end! Just idiotic. When the best thing you can say about your #1 pick is that he has a "high motor", that's a problem...that's what you should say about late-round picks.
Not AZ PHIL but after being DFA'd by the Cubs (after they got him from the Pirates in the "I get a chance in the Majors clause"), the Cubs re-signed him for the remainder of the season. I do not believe service time is an issue for him, so he is eligible to opt for Major League Free Agency - which he is doing and the Cubs or someone else will sign him to an MLB deal. AZ PHIL please correct this if you see fit - but that is the most current info that I'm aware of.
To also be fair to Emery, wtf do you draft Shea McLellin as a #1, Jonathan Bostic in the same draft, let Peppers go in lieu of signing Jared Shit-Head, Brandon Hardin, Evan Rodriguez, Isiah Frey, on and on...
I will give him credit for Kyle Long - who is like my favorite player (what does THAT say about the team - but he did throw in the 90's as a former pitcher), and Jeffrey.
Geo Soto leaves the WSux and signs with the Angels who lost Chris Ianetta to the Mariners.
Freed... The Angels also promoted Bobby Scales from director of player development to special assistant