Carlos Pena Claimed On Waivers
Buster Olney tweets that a claim was awarded on Carlos Pena. Depending on when that actually happened, the Cubs and the mystery team at the moment have about 48 hours to work out a deal. If nothing can be hammered out, the Cubs can pull Pena back off waivers or they can just let him go to the team and save the remaining salary left on his contract which includes the $5M deferred money he's owed on January 1st, 2012.
While Pena is now on track to be a Type B free agent and there's certainly plenty of value in the possibility of getting a supplemental round pick for him (although no sure thing), there's probably more value at the moment in saving the $5.5M or so he's owed, regardless of the prospects they may get back.
Possible Correction: It seems there's a bit of a confusion that if Pena is just given away, the Cubs could still be on the hook for the $5M in deferred money. Not sure why it works that way or how, but that's the current rumor by MLB Trade Rumors and Arizona Phil.
Update: Rosenthal tweets:
Pena claimed, but #Cubs likely to pull him back. Need 1B for 2012, want to keep options open. Did not get good offers before 7/31.
Considering Hendry's claim that he didn't want to make too many deals before the deadline, hopefully the thinking has changed.
Update #2 from Rosenthal:
This has gotten about 90% less exciting than it was an hour ago. My math tells me then that the claiming team would be on the hook for about $1.67M if the Cubs just let him go.
Update #3 from Jon Heyman says it was the Yankees. I assume they're just happy to take on the money then.
Arizona Phil 49 min 11 sec ago (view)
And if Bryant does win the Service Time grievance his value in a trade this coming off-season will be diminished, because one year of club control until he becomes a free-agent versus two years of control is a significant difference.
Arizona Phil 1 hour 5 min ago (view)
Q-MAN: It actually wouldn't surprise me if Bryant wins the grievance.
Cubster 2 hours 6 min ago (view)
...and our Manager can dance!
QuietMan 3 hours 26 min ago (view)
Still cant get the images of that SNL skit out of my mind.
Cubster 5 hours 43 min ago (view)
This is really sad. A fatal pulmonary embolism is quite rare, older data had about 0.019% incidence (range 0-0.6%, for total knees). DVT without prophylaxis is higher and most people are getting prophylaxis (blood thinners) postop. DVT (leg clots) is a nuisance but not life threatening (unless the clot goes to the lungs). Patients with a history of DVT are at greater risk and there are other risk factors.
Cubster 6 hours 2 min ago (view)
Kaplan also tweets Ross is the new manager and they are working on contract. Tweet reported in mlbtr too.
"Cubs made their decision late yesterday afternoon and the other candidates have been informed they are indeed out. David Ross is the choice."
QuietMan 6 hours 7 min ago (view)
The Kris Bryant service time grievance is finally being heard by an arbitrator this week according to Kaplan.
crunch 1 day 17 hours ago (view)
j.girardi did a 2nd interview with PHI on Monday and he's supposedly the favorite for the job.
bradsbeard 1 day 22 hours ago (view)
The draft over the ASB and the trade deadline pushed back until August 15th or so would make sense. Otherwise, I don't know how scouting departments are going to handle the draft lead up and the trade deadline running almost simultaneously.
Arizona Phil 1 day 22 hours ago (view)
One other thing about MLB player development that is very different from NFL, NBA, and NHL player development is that most MLB clubs have upwards of 300 minor league players under contract (not including players on their MLB 40-man roster, the Cubs presently have 301 minor leaguers under contract on nine minor league affiliates).
Arizona Phil 1 day 22 hours ago (view)
JUST SAYIN: MLB is the only one of the four major North American professional sports that holds its draft and signs its draft picks during the season.
crunch 2 days 7 hours ago (view)
umpire eric cooper has died...complications from knee surgery (blood clot)...52 years old
crunch 2 days 18 hours ago (view)
"MLB Network's Jon Heyman reports former player David Ross and Astros bench coach Joe Espada "appear to be the frontrunners" for the Cubs' managerial opening."
espada's had 2 interviews. for a guy who's actively at his "other job," having a 2nd interview seems like both sides want to make this work. SF and PIT are also supposedly interested in espada.
JustSayin' 2 days 20 hours ago (view)
That's a fair description of the benefits of the plan but If I have to choose between "better way" and "owners' greed," I pick the latter. MLB wants better MiLB facilities, on average, without paying a cent. They want to deal with the social and legal pressure they are getting for not even paying minor league players minimum wage per real hour worked by having less players. In addition, the draft is to be moved to late August, so every draftee would lose compensation for the stub year in which they are drafted. For this reason, I'm not sure your point about col
Hagsag 2 days 20 hours ago (view)
Thanks Mr. Phil.
Arizona Phil 2 days 21 hours ago (view)
HAGSAG: Besides reducing the costs that are associated with operating a minor league club, reducing the number of minor league affiliates would allow MLB organizations to increase the salaries of their remainng minor league players (who would be the organization's most-legit prospects) without having to increase the organization's aggregate minor league payroll.