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.
crunch 1 hour 1 min ago (view)
...and strop gives up a hit then walks the bases loaded.
...and he closes it out with a K. neat.
this is the 1st cubs road series win since May 17-19 @WAS.
crunch 1 hour 9 min ago (view)
strop comes in to get the last out, but it has to be some kinda slow-walk back in a game that wasn't a save situation.
homer, hbp, k, k...looks healthy.
crunch 1 hour 16 min ago (view)
welcome back kimbrel.
1st pitch goes about 10 miles outside the park by marte.
crunch 1 hour 48 min ago (view)
one takeaway from this game...a slew of cubs players were fans of Hey Arnold! when they were kids.
crunch 2 hours 43 min ago (view)
woo, a good cubs away game.
crunch 4 hours 54 min ago (view)
heyward / cast / bryant / rizzo / baez / schwarb / caratini / kemp(2nd) / Q
crunch 6 hours 15 min ago (view)
so stoked for the williamsport game.
the increasing amount of off-site games is a bit concerning (middle of nowhere Field of Dreams field, really?), but I love this one. it's played out great so far and giving the kids playing in the LL series some primo seats (hope this continues) is a great touch.
Arizona Phil 7 hours 36 min ago (view)
Craig Kimbrel reinstated from IL, Duane Underwood Jr optioned to Iowa, Mark Zagunis recalled as the "26th man" for tonight's game (special travel required to get to Williamsport so MLB Comissioner permits 26th man for both clubs).
crunch 1 day 1 hour ago (view)
Charlie 1 day 2 hours ago (view)
Lester pitched 35 innings today.
crunch 1 day 5 hours ago (view)
2019...cubs fan...being thankful heyward and chatwood are around...wtf...
Eric S 1 day 6 hours ago (view)
Like having a 5-1 lead going into the ninth?
Dolorous Jon Lester 1 day 7 hours ago (view)
With our vaunted late inning tandem of Tyler Chatwood and Rowan Wick!
Who would have thought?
Jackstraw 1 day 7 hours ago (view)
Cubs 1-10 with RISP in the series. Left lots of ducks on the pond. Could take some of the pressure off the pen.
Jackstraw 1 day 7 hours ago (view)
You could hit your thumb with a hammer. Or take a big bite of wayyyy too hot pizza. Just sayin.
Eric S 1 day 7 hours ago (view)
I’m a little surprised and confused that Bote wasn’t in the infield in the ninth? Wth - need that one out boot to complete my day