Come on Down Soriano, You're the Next Cub to Be Traded
The N.Y. Post is reporting that the Yankees and Cubs are close to deal that will send Alfonso Soriano to the Yankees for a mid-level prospect. The Cubs owe a little over $6M for the rest of 2013 on Soriano's deal and then $18 million next year and the Cubs will pay the bulk of it, and whatever the Yankees are contributing will be for this year as the Yanks are trying to avoid luxury tax hell next season. Soriano still has to approve the deal, but it seems unlikely he'll reject a chance to go to his first organization and play alongside Jeter and Mo' once again...presuming this is all true.
As for the prospect, no one knows yet but here's a top 20 list from the preseason. Manny Banuelos was a 5-star prospect heading into 2012 before Tommy John surgery, so maybe the Cubs can take a shot at the upside there. Dellin Betances was well up there as well before 2012 or maybe the Cubs see something in catcher Austin Romine, who was once a top 100 prospect. More likely, it's someone not on any of this lists with far less upside...we shall wait and see.
Arizona Phil 4 hours 19 min 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 7 hours 28 min 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 11 hours 40 min 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 16 hours 28 sec 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 16 hours 5 min 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 16 hours 21 min 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 20 hours 38 min 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 1 day 2 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 1 day 7 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 1 day 11 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 1 day 20 hours ago (view)
Owners' stooge Bobby Manfred coming out swinging at the players with his statement about the owners instituting a lockout.
Arizona Phil 2 days 1 hour 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 2 days 6 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 2 days 6 hours ago (view)
Stroman, a pleasant surprise. Good to know we aren't completely punting until 2025.
Arizona Phil 2 days 7 hours ago (view)
CRUNCH: Clint Frazier's 2022 base salary is only $1.5M and he has a minor league option available, so I think it's more likely than not that he opens 2022 at AAA.
On the other hand, Harold Ramirez is out of minor league options, and it is unknown at this point what he will get in 2022 as a "super two."
crunch 2 days 7 hours ago (view)
until clint fraizer came on board i wouldn't have counted bryant out.
OF is kinda crowded right now, though there's no stars in the mix. fraizer - happ - ortega - heyward - h.ramirez leading the group... even if he split time between OF/3rd with wisdom that just makes it more crowded, plus the team allegedly wants hoerner to prepare to be used as a super-utility guy.