The deadline for "non-waiver" (unrestricted) trades is 4 PM (Eastern) on July 31st. No trades can be made between 4:00 and 5:00 (Eastern), and then beginning at 5 PM (Eastern) on July 31st and extending through to the conclusion of the MLB regular season, Trade Assignment Waivers must be secured before players on MLB 40-man rosters can be traded. (Waivers are never required to trade players on minor league reserve lists).
TheJedi have already knocked out a number of trades earlier in the month, that today shouldn't bring too much excitement, but there's still a few pieces left on the trading block. One is Nate Schierholtz whom Jayson Stark reiterates is the most likely Cub to be dealt today. The Pirates and Rangers seem like the most likely spots at the moment.
As you all know by know, Alfonso Soriano was dealt to the New York Yankees along with a ton of cash for RHP Corey Black. According to Buster Olney, the Cubs will pay $4.7M of the remaining $6.5M owed Soriano in 2013 and then $13M of the $18M owed Soriano in 2014, saving $6.8M total on the deal and getting a decent relief prospect that Theo compared to Jessie Crain. Soriano went 0/5 in his Yankee return with a run scored and an RBI. Black will stay in Florida and head over to Daytona.
It appears Alfonso Soriano is indeed headed to his original franchise...Dale Sveum was told before the game to pull Soriano from the lineup and has been telling the press that a deal is 99% certain with the Yankees. Sveum isn't too good with percentages lately, so let's temper our expectations a bit.
Olney says a lower tier pitching prospect will be coming back to the Cubs once Soriano gives his formal approval. He also claims Cubs will pay the bulk of the $25M owed Soriano through 2014. I will update as more information becomes available.
- Alfonso Soriano had a "scheduled" off day on Wednesday versus the Diamondbacks despite some gaudy career numbers against Ian Kennedy (6-for-13, 3 HR's, 7 RBI's, 3 BB's). The Twitter-verse was having none of it and the conspiracies flowed that the Cubs were just awaiting his approval on a deal. Soriano showed up though for a pre-game chat with the reporters and spilled the beans that he would accept the a trade to the Yankees and apparently gave TheJedi a list of a few other teams he'd be willing to say yes to...so it's Soriano waiting on the Cubs and the rest of the league. As of now, a trade has not been made, but somehow Soriano didn't manage to even get an at-bat in a 12-inning affair last night that the Cubs eventually won 7-6.
The N.Y. Post is reporting that the Yankees and Cubs are close to deal that will send Alfonso Soriano to the Yankees for a mid-level prospect. The Cubs owe a little over $6M for the rest of 2013 on Soriano's deal and then $18 million next year and the Cubs will pay the bulk of it, and whatever the Yankees are contributing will be for this year as the Yanks are trying to avoid luxury tax hell next season.
Rumors be the Cubs were just waiting to see if the news on Clay Bucholz turned for the worst in a hope to get the Red Sox heavily involved. That didn't happen and now Garza is headed to Texas, a team he had nearly joined two other times (before being initially traded to Cubs and last trade deadline).
So the Twitter-verse exploded Thursday night with numerous reports that the Rangers and Cubs were nearing a deal to send Matt Garza to Texas for up to 3 prospects. Names were even bandied about that included the likes of Luke Jackson, C.J. Edwards and a position player that varied between Mike Olt, Luis Sardinas or Jorge Alfaro.
Not that there will be too many over the break, most of the league takes a vacation along with the players, but Kaplan is spinning his wheels on a Matt Garza one.
I'm hearing Garza will be traded by Sat. Cubs won't move him though until they get what they want. They won't panic out of fear of injury.
An AL scout just told me that he thinks Garza is throwing so well that the Cubs are in a phenomenal spot to land a tremendous deal.
UPDATE: Bryant has indeed signed at slot value of $6,708,400, according to Sullivan. That would put the Cubs at $10,743,400 and $186,900 over and would still have $340,925 to play with before having to worry about losing a draft pick.
Lets see what a post on my iPhone looks like...apologies in advance.
After a nice little run where the Cubs took 6 of 9 versus the baseball bottom-feeders (Astros, Brewers & Mariners), the Cubs are back to playing the major league teams and have promptly dropped 3 of 4 including yet another loss to Fransisco Liriano this afternoon. 3 More months of this fun...
Busy morning in Cubville...to the news ticker!
The Cubs have dealt RHP Scott Feldman and C/INF Steve Clevenger to the Baltimore Orioles for Brian Roberts.
Here's the pertinent details...
For the first time this season the best farm system in organized baseball comes to town as the suddenly first place Iowa Cubs scoot home from Omaha for a three-game set with the Memphis Redbirds that culminates with a pyrotechnic exclamation of patriotism on Independence Day Eve.
That was, ummmm, you know. A joke?
Even from an on-field perspective, Torres is a 19-year-old beating up High-A pitching who also plays a great SS. Even if he never develops a legit MLB power stroke, he's still an obvious 4-tool guy with a very high floor. Sucks to trade away his next 6-8 years for a closer, albeit a great one.
"Like the Chapman deal for Cubs from on-field POV, wish I didn't now have to feel lousy following an otherwise likable Cubs team." @jonahkeri
pretty much sums up my feelings
You mean Yankees?
You do have a point. The TheoJed certainly would need to address this in a transparent way. Milton Bradley was no help to the team.
FWIW, the Cubs would get a compensation draft pick between the 1st & 2nd rounds (around #35) if they extend a Qualifying Offer to Chapman post-2016 (probably about $17M), Chapman declines, and then he signs with another MLB club before next year's draft.
This all assumes Chapman doesn't want to be a free agent and possibly sign a $20MM+/year deal. We all know free agents get overpaid, sometimes dramatically (Hello, JayHey!). Not sure why Chapman would agree to the extension. If i'm is agent, I would tell him I could get I'm a $100M deal as a FA.
I'll root for the uniform and imagine it's left-handed Rod Beck or Randy Myers out there I suppose.
Amen to this. I guess it's gonna happen and I'm gonna have to suck it up but I really despise domestic abusers with every bone in my body and cannot stand them on any team I root for.
I just prefer they don't acquire players that choke their wives/girlfriends.
So you'd rather go with Blown Save guy, when you can trade a prospect who is blocked for one piece that could get you over the top to the Big Dance? That is pretty old thinking. This is not a move that they cannot recover from if it goes south. But the upside is potentially historic.
I'd prefer it not happen too.
it's a hell of a blockbuster, but it's for a guy who pitches 1/3rd of a season at an extreme premium considering the guy being traded and if the early extension $$$ rumors are true.
it's one of those things that is bringing a guy at the top his game, but something is nagging me that this trade piece could have been put to better use.
a huge part of me is all "hell yeah, top of the line producer"...another part of me is "hmm, that for that?"
Still don't want. Kinda hope they can't work out the extension.
obviously not, and I'm sure they did their homework...just hope they have some better answers than the Yankees