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).
crunch 2 hours 24 min ago (view)
the indians waited too long to get trevor bauer away from influencing clevenger as a professional and human being...
there's a reason bauer has been sold "below cost" by 2 teams now.
also, do they even care that carlos carrasco is coming back from a boatload of chemo and has decided to participate in this season when he could have just taken his $$ and gone home for a year?
crunch 6 hours 5 min ago (view)
thursday stl/det double header postponed.
cards have played 5 games and might not play a 6th until the weekend...maybe.
some other teams will be 20+ games played at that point.
Eric S 6 hours 48 min ago (view)
Dietrich ends up with the Rangers on a minor league deal and sent to their alternate training site.
Cubster 7 hours 30 min ago (view)
No new Cardinals tested negative on Sunday. They need two days in a row of neg. testing to get the OK to resume the season. Today's tests are not back.
crunch 8 hours 56 min ago (view)
STL is going to go 1/2 month without playing a game...more at this point are possible.
they've played 5 games. some teams have played 16-17 games.
Childersb3 9 hours 21 min ago (view)
Why isn't Ryan Jensen at South Bend these days?
Regardless of if he gets called up. He should be there if he's healthy and able
crunch 1 day 5 hours ago (view)
"Zach Plesac (CLE) was sent home by the Indians and will be quarantined for 72 hours going out with friends in Chicago on Saturday night."
Eric S 1 day 6 hours ago (view)
Cubs have reset the rotation ahead of the series against the Indians: Lester, Hendricks, Darvish, Chatwood and Mills
Mills and Hendricks no longer back to back which makes sense given their similar styles
Mornington Crescent 1 day 7 hours ago (view)
They actually did a Strat-O-Matic simulation of the 1981 all star game at Municipal Stadium in Cleveland when the game was cancelled due to the strike, complete with scoreboard display. Bob Feller did the ceremonial first dice roll.
Arizona Phil 1 day 9 hours ago (view)
Derek Dietrich getting released and opening up a slot on the Cubs MLB Club Player Pool roster (which was full prior to Dietrich getting released) would allow Mark Zagunis to opt back into the season (if he so chooses) and return to the Club Player Pool, if being on the Restricted List was going to prevent him from being a first-time minor league 6YFA post-2020.
Arizona Phil 1 day 9 hours ago (view)
The path for Dietrich to the Cubs MLB Active List roster was always based on a potential injury to Rizzo, Kipnis, Schwarber, or Heyward, so I can see why Dietrich would request his release - IF - he has a for sure MLB gig with another club waiting for him, but otherwise no.
Eric S 1 day 10 hours ago (view)
Cubs released Derek Dietrich from his minor league contract - at Dietrich's request - so he can pursue other MLB opportunities. Wouldn't be surprised if he hooks on with the Braves as 2B Ozzie Albies was put on the IL last week with a wrist injury that may take considerable time to heal. In any event, the Cubs player pool back to 59 of a possible 60 players.
Cubster 1 day 13 hours ago (view)
Phillip Evans suffered a broken jaw and a concussion in his ugly collision with Gregory Polanco Per Jon Heyman.
Cubster 1 day 14 hours ago (view)
Pirates-Cardinals series also cancelled. Maybe they can play the games on Stratomatic with dice or All-Star baseball with spinners?
This was the Pirates only trip to StL but they do have a mid Sept series vs StL in PIT.
at least the Cardinals can't whine about losing home attendance revenue (but they do lose in Park advertising revs).
Jackstraw 1 day 16 hours ago (view)
So much for his offseason workouts with Kimbrel.