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).
Charlie 4 hours 25 min ago (view)
Currently at a near full-time job that just barely covers my monthly expenses if nothing emerges.
I make more than that.
crunch 4 hours 51 min ago (view)
"Ken Rosenthal of The Athletic reports that Major League Baseball is considering opening the season in empty spring training parks -- with no fans and all players quarantined.
The plan would have all teams stationed in one centralized location -- likely Arizona"
Arizona Phil 1 day 17 hours ago (view)
In addition to 40 players signed to 2020 MLB contracts, after releasing 22 minor leaguers this week the Cubs now have 279 players signed to 2020 minor league contracts (plus one minor leaguer on the Restricted List), for a total of 320 players in the organization (181 pitchers, 30 catchers, 60 infielders, and 49 outfielders).
JustSayin' 2 days 2 hours ago (view)
Years of over-drafting pitching shown here.
Dolorous Jon Lester 2 days 4 hours ago (view)
Some of the players cut I am not too surprised by. Some of them I think are definitely victims of the minor league pay thing and being squeezed out.
That said, I am very surprised they gave up already on Riley McCauley and Niels Stone.
Hagsag 2 days 6 hours ago (view)
Baseball America is showing a big group of players that have been released.
Arizona Phil 2 days 19 hours ago (view)
The Cubs have released minor league catcher Rafelin Lorenzo. He was selected from the Pittsburgh Pirates in the AAA Phase of the 2018 Rule 5 Draft and spent the 2019 season at South Bend. He was eligible to be a minor league 6YFA post-2020.
JustSayin' 4 days 5 hours ago (view)
The organizations will cut rosters down, as if the full-season teams were breaking camp to start the season, THEN pay the remaining minor leaguers $400/week or whatever. That's similar to what costs would have normally been but the "one last chance" players who got spring training invitations this year and didn't have an obvious roster spot won't be getting their last chance.
crunch 4 days 6 hours ago (view)
"According to Jeff Passan of ESPN, all minor league players will be receiving $400 per week from MLB through at least May 31."
so that's where that promise landed. the scary thing is that's still more than some in the low minors make on a weekly basis.
crunch 6 days 23 hours ago (view)
"Jeff Passan of ESPN writes that the players and league agreed that the 2020 season won't start until "there are no bans on mass gatherings that limit the ability to play in front of fans, there are no travel restrictions and medical experts determine games will not pose a risk to health of teams and fans." Passan does add that the two sides "will consider the feasibility of playing in empty stadiums" and also at neutral sites.
crunch 1 week 4 hours ago (view)
i miss baseball. it could happen in june...it may happen in late may...it might not happen either way.
there's so many things getting messed up right now i would get lost making a list. there's some college guys making a serious "okay, we need to look at that guy" push that's dead. former cubs draft pick russell smith (2017, LHP highschool) took last season off for injury (TCU college) and returned with a low 90s fastball, impressive control, and a MLB-quality changeup. his "comeback" was 4 games and done thanks to this current situation...
JustSayin' 1 week 7 hours ago (view)
COVID 19 + a short draft + Manfred's obsessive drive to shrink the minor leagues will change baseball forever. It WAS still America's grass roots sport. Where I live, from June through August, you could see a quality live game any day of the week, within an hour's drive. I believe that era is over. What's going on will have ripple effects, contracting serious college ball, college summer leagues and independent pro ball just as much as the MiLB systems. With those changes, some of the game's charm will also go. I've seen a kid from Cape Cod play in the Ca
crunch 1 week 1 day ago (view)
fyi for anyone who bought MLB.tv
for "some reason" getting a cancel+refund via phone is like pulling teeth, but if you contact them via a webpage contact request many people are getting a cancel+refund confirmation within an hour or 2...
bradsbeard 1 week 1 day ago (view)
I imagine because the new labor agreement freezes rosters as of whenever the agreement is approved by the owners and it might affect what those guys are paid under the agreement.
Hagsag 1 week 1 day ago (view)
AZ Phil. what was the reason that a whole bunch of teams optioned or assigned players to the minor leagues yesterday on March 26 ? Thanks.
Arizona Phil 1 week 1 day ago (view)
jdrnym: Ordinarily, players on an MLB Reserve List (40-man roster) who are on Optional Assignment to the minors do not accrue MLB Service Time, are paid at the minor league rate rather than at the MLB rate if the player has a "split" contract, and if the player gets hurt or becomes sick after being optioned, he can be placed on a minor league IL instead of on an MLB IL (so that he cannot accrue MLB Service Time or be paid at the MLB rate while he is on the IL). Also, a player who is optioned to the minors for at least 20 days will burn an option year.