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).
K Dub 2 hours 8 min ago (view)
PHIL: Sad to hear about Danis Correa. Do you know what his injury is? Any word on Yovanny Cruz's health/availability? As always, thank you for answering our questions.
Arizona Phil 6 hours 48 min ago (view)
AZL Cubs #2 RHSP Willy Cabrera, RHSP Danis Correa, LHRP Riger Fernandez, and LHRP Josh Sawyer to the 60-day Injured List, so they are likely out for year (they won't be eligible to be reinstated until the final week of the AZL season).
crunch 6 hours 54 min ago (view)
...and of course it's eloy that gives the WSox the 9th inning lead.
Charlie 8 hours 8 min ago (view)
Speaking from experience, those can nag.
crunch 8 hours 45 min ago (view)
ham gets 2500 Ks in the top 3rd.
crunch 8 hours 52 min ago (view)
Jordan Bastian @MLBastian
GM Jed Hoyer said Hendricks is dealing with an impingement in his throwing shoulder: "I feel like we got ahead of it. We're not sure how much time he'll miss, but we'll try to take it slow and take the length of the season into account."
crunch 10 hours 15 min ago (view)
schwarber / bryant / rizzo / baez / heyward(CF) / caratini / cargo(RF) / ham / descalso(2nd)
Eric S 11 hours 49 min ago (view)
Kimbrel pitched the 7th inning for the Iowa Cubs today - he threw 8 pitches (6 strikes) to three batters getting a fly out to center, a groundout to third and swinging K. Nice start!
Karl Pagel Blues 13 hours 18 min ago (view)
Thank you, Phil. Have you ever considered doing your own podcast? Your grasp on baseball history is fantastic.
Karl Pagel Blues 13 hours 26 min ago (view)
Thank you, Mike.
Mike Wellman 22 hours 24 min ago (view)
And 71 games in, the C-Cubs & I-Cubs are in a dead heat @ 39-32...
Craig A. 1 day 59 min ago (view)
Thanks very much, Phil.
Arizona Phil 1 day 3 hours ago (view)
CRAIG A: SS Ernie Banks and 2B Gene Baker arrived on the same day in September 1953, although Banks made his MLB game debut three days before Baker.
crunch 1 day 5 hours ago (view)
i think gene baker was technically the first signed, but ernie banks was the first to suit up and play. baker was injured when ernie made his debut.
JoePepitone 1 day 5 hours ago (view)
He only mentioned his second wife in his autobiography, Mr. Cub. I was surprised to find out from his Wikipedia page that he had been married before Eloyce (wife #2), having read Mr. Cub back in 1971 right after it came out. I guess when you write your autobiography, you get to put in only the parts you want to talk about.
Craig A. 1 day 6 hours ago (view)
Banks was the first African- American Cub wasn’t he? Was there a lot of drama with that?