Cubs Contracts
Love Me Some Non-Tender
11/17 UPDATE:
The Cubs did not tender 2024 contracts to RHP Codi Heuer, LHP Brandon Hughes, or RHP Ethan Roberts, so the trio are now free agents, eligible to sign an MLB or minor league contract with any club, including the Cubs.
Patrick Wisdom signed a $2.725M one-year "pre-tender" contract to avoid being non-tendered.
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Extending Mr. Hendricks
by Moshe W.
Kyle Hendricks will be aggressively targeted by the Cubs for an extension this offseason.
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Cubs Sign Pedro Strop to Contract Extension
Mark Gonzales at the Chicago Tribune is reporting that the Cubs have signed RHRP Pedro Strop to a contract extension that will keep the right-hander under club control through the 2019 season.
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Try a Little Non-Tenderness
12/2 UPDATE #2: Mark Gonzales at the Chicago Tribune is reporting that the Cubs have signed arbitration-eligible LHP Clayton Richard to a 2016 contract ($2M salary), and have non-tendered RHRP Ryan Cook and LHRP Jack Leathersich. The Cubs claimed both Cook and Leathersich off waivers last month, Cook from the Boston Red Sox and Leathersich from the New York Mets.
The other twenty unsigned players on the Cubs MLB 40-man roster were apparently tendered 2016 contracts, and six of the twenty (RHSP Jake Arrieta, OF-IF Chris Coghlan, RHRP Justin Grimm, RHRP Hector Rondon, RHRP Pedro Strop, and LHP Travis Wood) will be eligible for salary arbitration if the player is not satisfied with the club's salary offer.
Cook was eligible for salary arbitration for the second time and was projected to get about $1.5M for 2016 (he was paid $1.4M in 2015), and the Cubs may not have wanted to pay him that much if he is expected to spend most of the year as "bullpen injury insurance" at AAA Iowa. So the Cubs could possibly re-sign Cook to a major league contract with a minimal base salary (perhaps $750K) plus a performance bonus based on days spent on the MLB 25-man roster in 2016 (something they could not do if he was tendered), or they could sign him to a 2016 minor league contract with an NRI to Spring Training. Whether Cook would agree to such an arrangement remains to be seen, but the Cubs might not have non-tendered Cook if they didn't already have a 2016 deal in place.
Leathetsich is not yet eligible for salary arbitration, but he could not be outrighted to the minors during the off-season (after 11/20) because he is injured (July TJS), so non-tendering him and then re-signing him to a 2016 minor league contract is the only way the Cubs can remove Leathersich from their MLB 40-man roster but still keep him under club control. Of course the Cubs could have simply waited until the start of Spring Training and then placed Leathersich on the 60-day DL (thus removing him from the 40-man roster), so it would appear that the Cubs believe they will need his roster slot on the 40 before then. It remains to be seen if Leathersich will sign a minor league contract with the Cubs, but (as with Cook) the Cubs probably would not have non-tendered him if they did not already have a pre-arranged minor league deal in place.
So the Cubs MLB Reserve List (AKA "40-man roster") now stands at 36, with four slots left open for free-agents who might be signed over the next few days and weeks, off-season waiver claims, or perhaps even a Rule 5 Draft pick.
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12/2 UPDATE #1: Jon Heyman at CBS Sports reports that the Cubs have signed LHRP Rex Brothers to a 2016 contract ($1.42M salary). Brothers was paid $1.4M in 2015, and would have been arbitration-eligible for the second time post-2015. He was acquired by the Cubs from the Colorado Rockies for minor league LHSP Wander Cabrera last month.
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Tomorrow (Wednesday December 2nd) is the deadline for MLB clubs to tender 2016 major league contracts to unsigned players on the club's MLB Reserve List (AKA "40-man roster").
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To Tender or Not to Tender - That is the Question, Bard
The Cubs MLB Reserve List (AKA "40-man roster") is presently full. Of the 40 players on the Cubs MLB Reserve List, eight (Starlin Castro, Kyuji Fujikawa, Edwin Jackson, Chang-Yong Lim, Anthony Rizzo, Jorge Soler, Ryan Sweeney, and Carlos Villanueva) are signed for 2014, and 32 (see list below) are under club control but are unsigned. The Cubs must decide by Monday (December 2nd) whether or not to tender a contract to each of the 32 unsigned players.
Cubs Win At Something
The little LSU engine that could was defeated by the almighty Cubs Inc. today in their arbitration case. Theriot will take home a cool $2.6M instead of $3.4M in his final year as the Cubs shortstop and probably with the Cubs.
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Cubs and Marmol Agree on Deal & Other Cubs News
The Cubs will avoid an arbitration hearing with Carlos Marmol, as the two sides agreed on a deal for $2.125M...exactly the midpoint of their two submitted figures of $1.75M and $2.5M.
- Kevin Millar was on XM Radio this morning excited about signing with the Cubs. Apparently he lives in the Mesa area and wanted to go to camp with a team nearby so he could spend time with his 2 kids and a third on the way in June. He says he knows that if he as any chance to make the team, he'll have to re-learn third base and try to play some outfield. That should be fun to watch.
In the same radio interview, the hosts referenced an interview with Reed Johnson yesterday where Reed talked about the confines of the clubhouse at Wrigley. Reed seemed to suggest that the lack of space made it difficult on the team last year to escape some of the drama with Milton Bradley and so forth.
The Cubs and No-Trade Clauses
There was a brief discussion in the comments earlier this week about general manager Jim Hendry's liberal use of the no-trade clause. Reader WISCGRAD did the legwork to see if indeed Hendry hands them out like a lollipop after leaving the doctor's office or if it's line with other ballclubs.
No-trade clauses in player contracts are controversial. On the one hand, they are often necessary to attract or keep high-value free agents. On the other hand, towards the end of player’s career a team may wish to trade a player whose skills have declined, but are unable to do so. No-trade clauses can range from full – where the player must approve any trade during the length of the contract – to limited – where the player has no-trade rights for a specified period of time or to specific teams. Making the issue more complicated, the current collective bargaining agreement between the Major League Baseball Players Association and Major League Baseball automatically grants a player full no-trade rights if he has 10 or more years of major league service time and has been with his current team for 5 or more years. The following table lists all players with no-trade rights for the entire 2009 season. This excludes those players who recently signed as free agents and cannot be traded until June. The information was taken from Cot’s Baseball Contracts, and each player was coded for the type of no-trade that applies to the 2009 season only. As one can see, with only a few exceptions, these are the cream of the crop of major league players (ed note - it's important to remember that the details of no-trade provisions or even their existence are not always made public and the information on Cot's Baseball Contracts should not be considered 100% reliable, but more as a good guide).
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Bradley's Option Clause
Jon Heyman at SI claims to have seen Milton Bradley's contract, and says the clause that would automatically kick-in the third year is that he needs to spend fewer than 75 days on the disabled list in 2009 to guarantee the full amount.
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Bradley's Contract Details and Scout.com Top 20
We finally get word on the specifics of Milton Bradley's contract from the Sun-Times:
The contract pays $5 million in base salary in 2009 and $9 million in 2010 -- with a $4 million signing bonus split over the two seasons -- with $12 million due in 2011. But a multilayered set of clauses turns the final year into a team option (with a $2 million buyout) if Bradley's health becomes a serious problem this season.
Recent comments
crunch (view)
masterboney is a luxury on a team that has multiple, capable options for 2nd, SS, and 3rd without him around. i don't hate the guy, but if madrigal is sticking around then masterboney is expendable.
TarzanJoeWallis (view)
I THINK I agree with that decision. They committed to Wicks as a starter and, while he hasn’t been stellar I don’t think he’s been bad enough to undo that commitment.
That said, Wesneski’s performance last night dictates he be the next righty up.
Quite the dilemma. They have many good options, particularly in relief, but not many great ones. And complicating the situation is that the pitchers being paid the most are by and large performing the worst - or in Taillon’s case, at least to this point, not at all.
Childersb3 (view)
Wesneski and Mastrobuoni to Iowa
Taillon and Wisdom up
Wesneski can't pitch for a couple of days after the 4 IP from last night. But Jed picked Wicks over Wesneski.
crunch (view)
booooooooooo
also, wisdom and taillon are both in chicago.
TarzanJoeWallis (view)
Tonight’s game postponed. Split games on Saturday.
crunch (view)
cubs getting crazy good at not having player moves leak.
taillon we 100% know is pitching tonight. who he's replacing and any additional moves are unknown as far as i can tell.
p.wisdom was not in today's lineup in iowa (rained out) and he was removed from the game last night mid-game, but not for injury. good bet he's with the team in the bigs, too.
Bill (view)
A good rule of thumb is that if you trade a near-ready high ceiling prospect, you should get at least two far-away high ceiling prospects in return. Like all rules-of-thumb, it depends upon the specific circumstances, but certainly, we weren't going to get Busch for either prospect alone.
Sonicwind75 (view)
Right on schedule, just read an article in Baseball America entitled "10 MLB Prospects Outside The Top 100 Who Have Our Attention". Zyhir Hope was one of the prospects featured. It stated that he's "one of the biggest arrow-up sleeper prospects in the lower levels right now."
Not sharing to be negative about the trade, getting a top 100 prospect who is MLB ready should carry a heavy prospect cost. But man, Dodger sure are good at identifying and developing young talent. Andrew Friedman seems to have successfully merged Ray's development with Yankees financial might to create a juggernaut of an organization.
Sonicwind75 (view)
I suspect Brown will spend some time in the bullpen due to inning restrictions. Pitched only 93 innings last year and career high is 104 innings in 2022. I would expect them to be cautious with a young player with his injury history.
Childersb3 (view)
I wanted Almonte gone last week, but that was before Merryweather went down and Little got demoted. Almonte in his last 5 appearances has gone 4.1 IP with no ER or Runs. NO hits, 3 BBs and 8 SO. He did hit 96 with his 2S FB in AZ on Tues.
I don't see Jed waiving him when we have injuries all over and guys with options that can be sent down.
I probably won't like the move Jed makes, but he can't play the "let's hope no one wants his 1.7mil remaining deal and we can hide him in Iowa" card.
That's why I think the current Bullpen stays as is and Wicks goes to Iowa.
I don't like that, but that's the fix I see.
We'll find out soon enough!!!