2010 Winter Meetings Day Three
10:30 PM CST (Rob G.): A previous Levine post said Cubs are interested in acquiring Jason Frasor after missing out on him last season. Medical reports on Brandon Webb are in the Cubs doctors hands and Chris Davis for Robinson Chirinos is still on the table, but the Cubs want Darren O'Day included in a deal.
10:17 PM CST (Rob G.): Levine says the Rays and Cubs met for a second time since the meetings began, presumably to discuss Garza and that the Cubs "package" was the most attractive. (7th grade chuckle). Brewers and Rangers are also in the mix.
5:18 PM CST (Rob G.): Joel Sherman says the Rays are thus far unsinspired by offers for Garza and will likely wait until July to see if value goes up.
1:56 PM CST (Rob G.): Well at least the Cubs called to ask about Zack Greinke.
1:44 PM CST (Rob G.): There were some multi-year offers out there for Pena with Nats, Orioles, Mariners, Blue Jays and Braves showing interest. (O's seem to be at least one team that made a multi-year offer and the biggest competition according to Pena).
12:46 PM CST (Rob G.): There it is, $5M to Pena is deferred until January 2012.
12:26 PM CST (Rob G.): Pena press conference updates culled from Twitter.
- Grew up watching the Cubs, cites watching George Bell (~shrug~).
- "To play for the Cubs was my preference...I love the city, my family loves the city, and we have a good chance at winning."
- Boras cited Rudy as one of the reasons they liked the Cubs and confidence that he can help him improve on last season.
- Rumor that Yankees could be going after Mark Prior along with rumors that they'll try and bring back Kerry Wood once the Cliff Lee sweepstakes are over. Yes, Rothschild, Prior and Wood back together again is a looming possibility.
- Trib story says Cubs targets were Pena and Berkman and talk about LaRoche and Loney were overstated. Nats, Blue Jays, Mariners and Orioles made offers or were at least interested. No mention of deferred money from them, although Levine has already put it out there. Also says they're working on trades and still talking to Brandon Webb.
12:20 PM CST (Rob G.): Bruce Levine chat excerpts:
- Says Cubs like Garza and have young talent Rays are seeking, although Archer and B. Jackson seem safe from being moved.
- Chris Davis is still in the mix even with the Pena signing.
- Mentions deferred money in Pena deal again, but no specifics.
- Cubs still high on Vitters (as they should be).
To the rumor cave...
- With Pena about to be signed, look for the Cubs to intensify trying to move Fukudome and giving Colvin the everyday job.
- Same report from Levine suggests the Cubs are making a push for Matt Garza. (Claps hands like a cymbal playing monkey). Here's a more proper link to the story.
Hagsag 13 hours 25 min ago (view)
Phil, is the 3 weeks camp going on now?
Arizona Phil 15 hours 37 min ago (view)
The Cubs have signed free-agent LHP Stephen Gonsalves to a 2022 minor league contract.
If he were to be added to the MLB 40-man roster at some point in 2022, he has no minor league options left and he has Article XX-D rights (he can elect free-agency if outrighted).
So 78 Cubs minor leaguers are now eligible for selection in the 2021 Rule 5 Draft.
Also, the Cubs off-season minor league Domestic Reserve List now stands at 173 (17 slots are open).
Arizona Phil 1 day 6 hours ago (view)
jdrnym: That's correct.
Under the new rules, the 38-man AAA reserve list is now only used beginning on the date reserve lists are filed in November and extending up through the conclusion of the Rule 5 Draft. Then after the conclusion of the Rule 5 Draft, everybody goes back into the off-season 190-man Domestic Reserve List hopper.
jdrnym 1 day 9 hours ago (view)
Phil, can you settle a Twitter discussion? A team can only select players in the minor league phase of the Rule 5 Draft until its 38-man Triple-A reserve list is full, correct? Don't believe this changed with the latest Major League Rules that introduced the Domestic Reserve List and eliminated individual level reserve lists during the offseason.
crunch 1 day 13 hours ago (view)
"Mark Berman of FOX 26 in Houston reports that Carlos Correa's agent has been contacted by the Astros, Yankees, Red Sox, Dodgers, Cubs and Braves.
It's not clear when the contact took place or what level of interest each club has."
...with the yanks and dodgers both with piles of cash and a bit of need, i wouldn't get too stoked...but at least there seems to be some interest in what his market is.
Arizona Phil 1 day 18 hours ago (view)
Stroman's salary escalators apply to 2024, so if Stroman reaches 160 IP in either 2022 or 2023 (but not both) it adds $2M to his 2024 salary, and if he reaches 160 IP in both 2022 and 2023 it would add $4M to his to 2024 salary.
So he gets $25M in both 2022 and 2023 (that's locked-in), and then either $21M, $23M , or $25M in 2024, depending upon whether he reaches his salary escalators in 2022 and/or 2023.
Arizona Phil 1 day 18 hours ago (view)
W-RAT: I should also mention that the Cubs cannot outright David Bote while he is injured or rehabbing from an injury, except during a window starting on the day after the conclusion of the MLB regular season up until the day that off-season reserve lists must be filed (normaly 11/20, but it was 11/19 in 2021 because 11/20 fell on a Saturday, and it will be 11/18 in 2022 because 11/20 will fall on a Sunday).
Arizona Phil 1 day 18 hours ago (view)
W-RAT: The Cubs can outright David Bote (if he is not claimed off waivers) once the transaction freeze is lifted. That's not a problem.
If he is outrighted and then elects free-agency, he would forfeit what remains of his contract - AS LONG AS - the contract is not fully guaranteed.
If the contract is fully guaranteed he would likely elect free-agency and the Cubs would be on the hook for what remains of his salary, offset by the MLB minimum salary if he were to sign an MLB deal with another club.
crunch 1 day 22 hours ago (view)
kristin call has been named GM of the Myrtle Beach Pelicans. she's been the assistant/associate GM for a few years and was formally a marketing director for the team.
she's been involved in baseball for a living for 16+ years.
Wrigley Rat 2 days 4 hours ago (view)
Hey Phil - Could David Bote be outrighted at any point before the start of the season (obviously not now while players are being locked out). I wonder because if someone claimed him, oh well. If he elected free agency, wouldn't that void his contract? These are the thoughts going through my head as I look to open up another 40-man spot, and Bote will be out until at least May.
I've read your 40-man tag for him, but I'm not quite smart enough to figure this out! :) Thanks!
crunch 2 days 9 hours ago (view)
Jeff Passan @JeffPassan
Marcus Stroman signed a three-year, $71 million contract with the Chicago Cubs that includes an opt out after the second season, sources tell ESPN. He’ll make $25 million in 2022, $25 million in 2023 and $21 million in 2024. It includes $2M escalators for 160 IP in ‘22 and ‘23.
Arizona Phil 2 days 13 hours ago (view)
The Cubs have re-signed RHRP Jonathan Holder and C-INF P.J. Higgins to 2022 minor league contracts, presumably with an NRI to MLB Spring Training.
They will be Rule 5 Draft-eligible, if and when there is a Rule 5 Draft.
Dolorous Jon Lester 2 days 22 hours ago (view)
Owners' stooge Bobby Manfred coming out swinging at the players with his statement about the owners instituting a lockout.
Arizona Phil 3 days 3 hours ago (view)
The Cubs re-signed OF Michael Hermosillo to a 2022 Major League contract just prior to the midnight Wednesday MLB transaction freeze.
Hermosillo was non-tendered on Tuesday because he was a Rule 5 Draft-Excluded Player, and if he had remained on the 40 the Cubs would not have been able to outright him to the minors any earlier than 20 days prior to MLB opening Day.
crunch 3 days 8 hours ago (view)
we shouldn't, especially with how much payroll room for 2024+ this top-costing-for-fans team with a heavily monitized ballpark in a major media market has.
backloaded contracts aren't exactly groundbreaking new things...neither are cheap-ass owners. i don't expect them to compete every year, but i expect them to try after a punt season where they traded away the core. NYY, NYM, LAD, LAA, BOS, etc. don't seem to have trouble doing this even if it means throwing a bit of money around...
Sonicwind75 3 days 8 hours ago (view)
Stroman, a pleasant surprise. Good to know we aren't completely punting until 2025.