Winter Meetings

Winter Meetings (Day Five)

Update 3: The contract has two separate opt-out clauses. The first comes after three years.

Update 2: Rosenthal has it at 8/$184m.

Update: According to ESPN, the Cubs have signed Jason Heyward.

The Winter Meetings come to a close, after a relatively quiet day.

The latest word on Heyward is that the Nats have emerged as a serious bidder to rival the Cards and Cubs. The contract could pass the $200m mark, and it sounds like a decision could come at any minute.

2015 Winter Meetings (Day Three)

Maddon finally gets his Zobrist, Castro is a Yankee, and Dusty Baker reminds everyone why he should never be allowed near a microphone.

In other news, the Cards traded Jay for the soon-to-be All-star Gyrko, and AZ meets Altanta's asking price for Miller.

Supposedly, the Cubs are not done, so let's get at it!

2015 Winter Meetings (Day Two)

Update 2: In a related move, Castro heads to the Yankees for RHP Adam Warren and IF Brendan Ryan.

Update 1: Zobrist signs with the Cubs for 4/$56m.

Cahill is back and Baez is rumored to be on the block.

Meanwhile, the Reds have a bridge over the Ohio River they'd like to sell you.

2015 Winter Meetings

Update 2: Jed says the Cubs are in trade talks with 10 or so teams, including (per Marc Topkin) one that would send Baez to TB for Cobb or Moore.

Update 1: The Cubs have resigned Trevor Cahill to a one-year deal worth $4.25m.

The Winter Meetings run Dec. 6-10 in honkey and tonky Nashville.

The Cubs are still on the hunt for a real centerfielder and perhaps (read: hopefully) another starting pitcher and maybe even a top-tier closer, as some have said.

2014 Winter Meetings Day 3

4:54: PM CST: Break out the salt shakers, but..."Cubs are talking very seriously with James Shields." [email protected] @br_radio #BRAD". So the tweet comes from Jason Goff, who seems to host an afternoon Sirius radio show and I think he's talking to enemy of the state, Will Carroll, who I believe is the one saying the above. It would't completely surprise me, but it would be surprising in a way. I would think that after being able to sign Lester and a high draft pick next year, Cubs would prefer to have one more big draft class opportunity, but I could be wrong.

2:35 PM CST: Well, I suppose Johnny Gomes technically qualifies as a LF power bat.

1:49 PM CST: Jim Bowden (yeah I know), says Cubs are looking for a LF power bat.


My final take on this Jon Lester business. Yes, of course, it's too much money for too many years (aka big ticket free agency) and the full no-trade clause puts a bit of a damper on the deal, but with that much competition on Lester, it was probably necessary. It seems there is a $30 million signing bonus involved, with $20 million being paid to Lester right now and the other $10 million being spread out over the life of the contract. If that is how it works out, that's $135M over 6 years, which would be $22.5M per year. Let's say I'm a big fan if that is the case, using the savings from the last few years to make the contract slightly more manageable in the future. There is a 7th year option worth $25M that automatically vests if Lester throws 200 innings in 2020 or 400 total innings between 2019 and 2020. I haven't seen if that's a club, player or mutual option, but I would guess player. I'm not sure if there's a buyout involved. I'm also not sure what numbers I'm missing because the report is that it would be a total of $170M over 7 years if the option vests, but I get $180M ($155+25M), so there's something not adding up, but I'm sure it'll get figured out soon enough.  Lester also gets 25 hours a year of private air travel paid for by the Cubs.

In the end, the Cubs got the guy they wanted...the guy with the ability and make-up that they craved, the guy with 2 rings to show off to the youngsters. And there is some success in left-handers in their mid to late 30's (Lilly and Pettite come to mind) that the Cubs will still get something out of Lester on the backend of the deal. In itself, it's not enough to put them in playoff contention next year, but it's enough to start them down the path. And well, you never know, maybe the youngsters all come out hitting like they did in the minors and next year the magic begins.

More rumoring after the break...

2014 Winter Meetings Day 2

8:51 PM CST: Gordo, unsurprisingly, couldn't have been more off as Lester has called the Giants and let them know he won't be signing there. All indications are as earlier, it's between the Red Sox and Cubs. MLB Network had a report that Lester's agents had a meeting scheduled with Lester again tonight. However... whomever @BaseballEssential is, they are claiming lots of buzz that Lester is signing with Cubs, but nothing official yet.

If Cubs lose out on Lester, Morosi is reporting that Boras is seeking $200M guaranteed contract.

7:35 PM CST: Just kidding about all that Giants out of it nonsense, Gordo has a source saying Lester is leaning towards Giants now. ~shrug~

6:30 PM CST: Theo claims they are not shopping Welington and that Montero will be a good compliment to him. "We're not shopping (Castillo) at all. The second that the Montero news came out, we got calls from a number of teams about Wely." Of course, just cause they're not shopping him, doesn't mean they won't move him if one of those calls bears fruit.

Olney says Lester will have final options tonight.

5:00 PM CST: You're not a good agent until you're squeezing every last dollar out. Oy vey!

4:15 PM CST: On that Ross note, Cubs have a meeting with him tonight.

3:36 PM CST: Jeff Passan says the Cubs will indeed look to move Welington Castillo. Well, 38-year old David Ross was pretty good against lefties last year as well (.809 OPS in 67 PA's, .770 for his career). Of course, if he's Lester's personal catcher, won't be able to take advantage of the offensive split.

3:06 PM CST: Montero deal is done pending a physical. D'Backs get Jeferson Mejia and Zack Godley. That seems absurdly reasonable. Neat. The 20-year old Mejia can certainly end up being quite good, but you have to give up something to get something. And he wasn't anyone, nor was Godley that was anywhere near a top 20 prospect list at this point. The 25-year old Godley has a real nice K rate, but was a bit old for the Hi-A league last year (ages are what their baseball playing age will be next season using the July 1st cutoff).

2:52 PM CST: Giants assistant GM was on the radio and said Lester told him that top dollar will not be the deciding factor and that "heartstrings" are pulling at him. Sounds like a reunion with the Red Sox, unless there's more to his relationship with Theo and Jed that we don't know about it. AZ Phil nailed it in the comments, that Jeferson Mejia would be one of the pitchers heading to the D'Backs for Montero.

1:43 PM CST: The Cubs have "ratcheted up their offer" for Montero and a deal seems close.


The big rumor last night was that the Cubs were well along on a deal for Diamondbacks catcher Miguel Montero and Bob Nightengale of USA Today says the deal should be done by the end of the day. The Cubs would take on Montero's contract (3/40M) and DBacks would get 2 low level pitchers, presumably of good quality, but not CJ Edwards quality. The debate rages on if the Cubs should bother with Montero, afterall he's owed some money, he'll be playing his age 31 season next year and his OPS has been south of .700 the last 2 seasons. But we do know the Cubs want some vet leadership on the team and the catching position is where they want it, add in that Montero hits from the left side and has good on-base skills and you can see some of the interest. One other thing to note, his splits versus lefties and righties. He had a .719 OPS in 2013 .735 in 2014 versus righties, but just a .492 in 2013 and .563 in 2014 versus lefties. On the other side, Welington is a .684 vs. righties for his career and .845 versus lefties. Let's say I'd like that a platoon if it works out. Maybe the Cubs go with a Montero/Ross platoon if this all happens, but I don't know if they need 2 vet catchers.

Also of note, DBacks ownership already nixed a deal of Andre Ethier for Montero, although no reasons were given. Did they not want to trade Montero within the division, did they want to just shave payroll in a Montero deal or do they just not want to move him? I doubt it's the latter, otherwise their GM would stop shopping him in deals, but regardless, there's probably a final obstacle even if they do agree on a deal.

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