Cubs Use Araujo to Acquire ISBP Space

The Baltimore Orioles secured Outright Assignment Waivers on RHP Pedro Araujo (who was Designated for Assignment by the Orioles on Wednesday) this afternoon, then he was re-claimed by the Cubs for $50,000 (half the Rule 5 Draft price) and was outrighted back to AAA Iowa (the minor league club from which he was selected by Baltimore in the Major League Phase of the December 2017 Rule 5 Draft), and then the Cubs traded Araujo back to the Orioles for $750K in 2018-19 International Signing Bonus Pool (ISBP) space.

So the Orioles get $50,000 and they get to keep Araujo (but don't need to keep him on their MLB 40-man roster -- he was assigned to AAA Norfolk), and the Cubs get to spend $750K more ISBP money (if they so choose). 

However, it's very unlikely that the Cubs would have paid the Orioles $50,000 to re-claim Araujo and then traded him back to Baltimore just for ISBP space (in other words, the right to spend $750K more money on international free-agents) unless there is a particular international player (like maybe Cuban SS Yolbert Sanchez?) or possibly multiple players (like perhaps two or three of the Mexican IFAs recently declared eligible to sign by MLB, like RHP Jaime Melendez, RHP Jose Angel Valenzuela, and/or C Fernando Villalobos) the Cubs wish to sign prior to the 2018-19 ISP signing deadline on June 15th, and the $750K in ISBP space acquired from the Orioles in the Araujo deal (added to whatever remains from their 2018-19 ISBP space) is the only way they can get it done. 

 

Comments

Hey Phil, can Melendez and Valenzuela pitch in reliief? Sign them and bring them to Chicago now!

If the Cubs use the $750K in ISBP space they acquired from the Orioles in the Araujo trade to sign one or more of the remaining Mexican IFAs (most of whom sign a "future services contract" with a Mexican League club when they are 15 or 16), the Cubs would have to pay an additional 35% of the signing bonus to the Mexican League club as a "release fee," but the 35% release fee paid to the Mexican League club on top of the signing bonus paid to the player does - NOT - count against the MLB club's ISBP. So (for example) if the Cubs were to sign Mexican IFA catcher Fernando Villalobos for $750K, they would have to pay an additional $265K to the the Mexican League club that controls Villalobos, but the $265 paid to the Mexican League club as a "release fee" would not count against the Cubs 2018-19 ISBP. 

Phil, would the Cubs be able to re-sign the pitcher from Mexico they had signed but whose contract was voided? His name is escaping me at the moment.

florencio serrano jr, maybe

RHP Florencio Serrano Jr signed with the Texas Rangers about ten days ago. 

The Cubs have optioned RHRP Carl Edwards Jr to Iowa and have placed LHRP Mike Montgomery (left shoulder inflammation) onto the 10-day Injured List. Their replacements have not yet been announced. 

Since players on the Cubs MLB 40-man roster who were optioned to the minors prior to MLB Opening Day (like Collins, Maples, Norwood, K. Ryan, Wick, etc) cannot be recalled any earlier than the 11th day of the MLB regular season (which is tomorrow -- Sunday April 7th) unless the player is replacing a player who has ben placed onto an MLB inactive list (like the 10-day IL), only one of Saturday night's bullpen reinforcements (the one who replaces Montgomery) can be a pitcher who was already on the MLB 40-man roster.

And so the replacement for Edwards - MUST - be a pitcher who is not on the Cubs MLB 40-man roster (like Allen Webster or Dakota Mekkes), and of course a player will have to be removed from the 40 in order to create a slot for Webster or Mekkes. Possibilities for that move include transferring Morrow, Barnette, or Cedeno to the 60-day IL (which would mean that pitcher cannot be reinstated from the IL until the last week of May), or a DFA of a player on Optional Asignment. 

The Cubs have recalled LHRP Kyle Ryan from Iowa (he replaces Montgomery) and selected the contract of RHRP Allen Webster (he replaces Edwards), and RHSP Jen-Ho Tseng has been Designated for Assignment (which opens up a slot on the 40 for Webster).

hopefully the allen webster era will be good enough to not involve a desire to send him down.  absolutely filthy spring for the dude.

If the Cubs are able to secure Outright Assignment Waivers on Jen-Ho Tseng and outright him to the minors, he does - NOT - have the right to elect free-agency - AND - he will remain under club control through the 2020 season (although he will be eligible for selection in the December 2019 Rule 5 Draft). 

Tseng signed with the Cubs as an IFA out of Taiwan in July 2013 ($1.625M signing bonus) but he was "Signed for Future Service," which means his minor league service time clock didn't start until the 2014 season, and so the Cubs gained an extra year of club control that will carry through the 2020 season. 

miggy montero (who has a wholesome as hell twitter account and seems to still love the cubs) cannot help the cubs current situation...

https://i.imgur.com/GOlp2li.png

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  • crunch 2 hours 12 min ago (view)

    wow...and he's done for the night.  that's not good...well, for mets fans.

    "right shoulder soreness"

     

  • crunch 2 hours 28 min ago (view)

    meanwhile...degrom with 8 Ks through 3 perfect innings.  he's also got a RBI single.

     

  • crunch 3 hours 7 min ago (view)

    and d.smith gets HBP.

    this is high end next level strategy.  you beat degrom by injuring everyone until they have to forfeit the game.  moneyballs.

     

  • crunch 3 hours 13 min ago (view)

    ow...villar got nailed in the ear and the back of the head by a throw from lobaton on a stolen base.

     

  • Arizona Phil 3 hours 32 min ago (view)

    CHARLIE: You are absolutely right.

    Granted there are existing rules prohibiting pitchers from using foreign substances, but you don't change enforcement protocols suddenly in the middle of the season. Pitchers should be given an opportunity to make adjustments during the course of Spring Training before any new enforcement policy is implememted.

    This can and should be addressed in the upcoming CBA negotiations. Not now. 

     

  • Charlie 4 hours 30 min ago (view)

    That was definitely my position prior to this year. But I am starting to buy into the claim that almost all pitchers are using something, even if it is rosin and sunscreen in many cases.

     

  • crunch 5 hours 11 min ago (view)

    brews did the cubs a solid by losing before the cubs have to take on degrom.

     

  • crunch 6 hours 31 min ago (view)

    *laughs nervously looking over at craig kimbrel*

     

  • Jackstraw 8 hours 52 min ago (view)

    Guys who haven't been cheating don't need to change a thing.

     

  • crunch 10 hours 27 sec ago (view)

    dude can barely move behind the plate these days.  i wouldn't trust him to stop a passed ball or a wild pitch even with his advanced skill.

    that said, all the cubs in-house options kinda suck.

    hey d.ross, grab a glove and get to work.

     

  • Charlie 10 hours 3 min ago (view)

    Tyler Glasnow sprained his UCL and is pretty openly objecting to the MLB pushback on use of "sticky stuff," saying he thinks not using his "substance of choice," rosin and sunscreen, lead to his injury and will lead others to injury. I will be interested to hear a more open discourse on what pitchers use to get a grip on the ball, what will be permitted, and what adjustments pitchers will make.

     

  • Hagsag 11 hours 1 min ago (view)

    Time to sign Wilson Ramos.

     

  • Arizona Phil 11 hours 39 min ago (view)

    Beginning today (June 16th), post-2020 Article XX-B MLB free-agents who signed a 2021 MLB contract will no longer have an automatic "no trade" right, so Arrieta, Chafin, Marisnick, Pederson, and Romine can now be traded without restriction. 

     

  • KingKongvsGodzilla 14 hours 31 min ago (view)

    Thanks, esp didn't know he was at instructs last year. I saw this clip in 2019:

    https://m.youtube.com/watch?v=jvCgyFMD9wQ

    with ugly swings and some whiffs, plus yeah remember him being regarded some

    Anything new on velocity? Should be some more 90s by now

     

  • crunch 1 day 26 min ago (view)

    wtf willie harris...bro...

     

  • crunch 1 day 29 min ago (view)

    reliever robert stock starting vs degrom...looks like we're in for a "bullpen game"