Cubs Acquire Eddie Butler from Rockies
The Cubs have acquired 25-year old RHSP Eddie Butler from the Colorado Rockies for 24-year old minor league RHRP James Farris. To make room for Butler on the Cubs MLB Reserve List (40-man roster), RHP Dylan Floro (acquired off waivers from the Tampa Bay Rays last month) has been Designated for Assignment;
As part of the transaction, the Cubs and Rockies also will exchange 2016-17 International Signing Bonus Value (SBV) slots, with the Rockies acquiring the Cubs #28 SBV slot and the Cubs acquiring the Rockies #74 SBV slot. The difference between the two slots is $211,800 in International Signing Bonus Pool (ISBP) "cap space," meaning the Rockies can now spend $211,800 more in signing bonuses in the 2016-17 International Signing Period (ISP) than they otherwise would have been able to spend without incurring a penalty, and the Cubs can spend $211,800 less than their original 2016-17 ISBP (which was $2,063,200) before incurring a penalty. However, the Cubs are restricted from giving an Intenational free-agent subject to ISBP limits a signing bonus in excess of $300K in the 2016-17 ISP because they exceeded their 2015-16 ISBP by more than 15%, so the loss of $211,800 in 2016-17 ISBP "cap space" probably doesn't matter a whole lot to the Cubs. Colorado has no such restriction in the 2016-17 ISP, however, so adding $211,800 in 2016-17 ISBP "cap space" is obviously seen as a "plus" for the Rockies. Again, this part of the trade involves adding/subtracting ISBP "cap space." No money was exchanged.
About the players...
6'2 180 Timothy Edward "Eddie" Butler was selected by the Rockies out of Radford University in the Supplemental 1st round (#46 overall) in the 2012 draft ($1M signing bonus), taken with a compensation pick awarded to the Rockies for losing FA 2B Mark Ellis. And Butler was a stud MLB pitching prospect right from the gitgo. He was rated by Baseball America as the #6 prospect in the Pioneer League in 2012 and the Rockies #6 prospect after the 2012 season, and his fastball (clocked at 99 MPH at Instructs post-2012) was rated best in the Rockies system in 2012. He was also rated by BA as the Rockies #2 prospect and the #24 prospect in baseball after the 2013 season, and the #3 prospect in the Texas League in 2014 and the Rockies #6 prospect and the #77 prospect in baseball after the 2014 season. He featured a 94-96 MPH fastball (touched 97-99) with sinking action, a plus-change-up, a curve, and a slider back then, offset by command issues. So he was considered one of the top pitching prospects in baseball as recently as two years ago (heading into the 2015 season).
Butler had his contract selected and he was called-up to Colorado on June 6, 2014, but finished the season on the DL with a right rotator cuff injury. He has really struggled at the big league level, posting a 6.50 ERA and 1.77 WHIP in 159.1 IP (36 games - 28 GS) 2014-16, and he struggled at AAA Albuquerque 2015-16 as well. His fastball velocity has been down ever since the shoulder problem (blamed on "overthrowing" his fastball after getting called up to the big leagues in 2014), his breaking ball has been flat, and his once plus-change-up has been MIA. His star has fallen to such an extent that he was Designated for Assignment last week (making room on the Rockies MLB 40-man roster for FA RHRP Greg Holland).
Although he has used three minor league options through the 2016 season, Butler is eligible for a 4th minor league option in 2017, so the Cubs can send him to the minors in 2017 without exposing him to waivers. Ideally he would go to Iowa and (hopefully) get both his stuff and his confidence back and get himself ready to compete for a job in the Cubs MLB starting rotation in 2018 (Jake Arrieta, John Lackey, and Brett Anderson are free-agents after the 2017 season). and also be available for a recall if the Cubs need an extra starter at some point in the 2017 season. Maybe Butler just needs a change of scenery (getting out of the "launching pads" in mile-high Denver and Albuquerque can't hurt) and a fresh start (and maybe a new pitching coach, too!). Getting traded to the Cubs worked pretty well for Jake Arrieta, and maybe it will work for Eddie Butler as well. Time will tell.
James Farris was a 9th round draft pick of the Cubs out of the University of Arizona in 2014. He has moved rapidly through the Cubs system and ended the 2016 season as the closer at AA Tennessee (13 saves and a 2.59 ERA, .204 OppBA, a 0.98 WHIP, and 17/74 BB/K in 66 IP combined between Myrtle Beach and Tennessee in 2016). He then pitched very well in the Arizona Fall League (no runs and only five hits allowed with 2/12 BB/K in eight appearances and 10 IP for the Mesa Solar Sox), earning him an NRI to Spring Training. While he doesn't throw particularly hard (low 90's fastball), Farris has a decent breaking ball and outstanding control and keeps the ball down in the zone. He reminds me a lot of RHP Zack Godley (like Farris, a polished college pitcher selected in the first ten rounds of the June Draft), who was sent to the Arizona Diamondbacks in the Miguel Montero trade a couple of years ago. I would not be at all surprised if Farris makes his MLB debut in 2017, and he's the type of pitcher who could do very well in Coors Field.
The fact that the Cubs were able to claim Dylan Floro off waivers last month means no other club put in a claim (the Cubs have last waiver claim priority), so it's very possible that the Cubs will be able to get Floro through waivers now. If they can, Floro will get assigned outright to AAA Iowa and will very likely get an NRI to Spring Training (he was already coming to Spring Training with the big club anyway before he was Designated for Assignment).
crunch 12 min 15 sec ago (view)
i wonder where the cubs will go with things.
there's a lot pointing to the cubs being expected to listen to offers on almost anyone. as it is, on paper, the cubs could roll right into 2020 with no changes whatsoever and still field a very competitive team. the whole "shakeup" thing seems to be a very hot topic from a variety of sources, though.
bryant, contreras, schwarber have all been linked to "cubs may be listening" rumors...probably listening to anything on happ, bote, almora, russell, too...
Hagsag 26 min 7 sec ago (view)
Even the Cubs should be able to out bid the Marlins!
crunch 33 min ago (view)
"According to Joe Frisaro of MLB.com, the Marlins are "believed" to have interest in free agent outfielder Nicholas Castellanos."
by interest, i assume they mean they'd like to have some baseball rookie cards or his or maybe a hug from him. i can't imagine they actually want to spend money on someone they could use to make their team better because that makes no sense.
Arizona Phil 17 hours 18 min ago (view)
Prior to joining the Cubs in 2012 Scott Harris was Director of Baseball Operations in the MLB office, which means he received, reviewed, and approved all major league and minor league contracts and transactions, as well as providing MLB clubs with schedules, rules updates, and draft information.
Cubster 1 day 1 hour ago (view)
Giants hire Scott Harris, from Cubs front office, as GM
Charlie 2 days 3 hours ago (view)
For anyone else who immediately wonders but is not invested enough to look it up, this is not Chris (Ryan) Young, former Padres starter and fisticuffs partner of Derrek Lee, but rather the two-years younger Chris Matthew Young.
crunch 2 days 14 hours ago (view)
rev up those off-season rumor fryers...
Jeff Passan @JeffPassan
Multiple teams in search of catching help believe Cubs catcher Willson Contreras will be available this winter. The Cubs will get creative this winter, and with a deep catching free agent market, they could trade Contreras and begin retooling under new manager David Ross.
crunch 2 days 19 hours ago (view)
former padres manager andy green is gonna be ross's bench coach.
green was c.rea's manager in SD, btw.
Arizona Phil 3 days 1 hour ago (view)
Last year the Cubs signed four free-agents to minor league contracts prior to the Rule 5 Draft: LHP Alberto Baldonado, OF Wynton Bernard, RHP Corey Black, and RHP Jose Rosario. All four were members of the Cubs organization in 2018 but declined to sign a 2019 minor league successor contract prior to being declared a free-agent, but then came back to the Cubs after briefly testing the free-agent waters.
crunch 3 days 5 hours ago (view)
chris young to be named new bullpen coach (former phillies pitching coach)
mixed messages on whether lester strode will have a new cubs role or leaving the cubs...
crunch 3 days 23 hours ago (view)
t.clifton straight up falling off a cliff sucked to watch happen last year.
i had a lot of faith in the guy to at least hold his own in AAA, even if he needed another season or 2 after to get ready for prime time.
he ended up giving out homers like candy on halloween while retaining his high walk and injury rate.
that said, his career is far from done. most likely many other teams willing to give him a minor league deal.
Arizona Phil 4 days 3 hours ago (view)
Keep in mind that most free-agents who sign a 2020 minor league contract prior to the Rule 5 Draft are eligible for selection. (The only exception would be a free-agent who is not yet eligible for selection in the Rule 5 Draft, such as a player whose only previous pro experience was in a foreign major league or in an independent minor league, or a player who was released by another MLB organization but is still not yet eligible for selection in the Rule 5 Draft).
Arizona Phil 4 days 4 hours ago (view)
If you're wondering if players who sign minor league successor contracts ever get taken in the Rule 5 Draft, the answer is most definitely - YES -.
The Cubs selected RHP Hector Rondon in the 2012 Rule 5 Draft after the Indians signed him to a minor league successor contract, and the Baltimore Orioles selected RHP Pedro Araujo in the 2017 Rule 5 Draft after the Cubs signed him to a minor league successor contract.
Hagsag 4 days 4 hours ago (view)
Got to get Taylor Davis back.
Arizona Phil 4 days 4 hours ago (view)
So the Cubs were ultimately able to retain five of their seven most-valuable post-2019 minor league free-agent eligibles (Rea, Pereda, de la Cruz, Lugo, and Burks), losing only Clifton and Leal (both of whom are probably looking for a fresh start in another organization after maybe feeling stalled in the Cubs system).
crunch 5 days 31 min ago (view)
that's some of that 4-D chess i keep hearing about.
checkmate, boras. cub gets 10 more years of club control for bryant.