The Cubs added another short term contract tonight, signing outfield Nate Schierholtz on a one year deal for $2.25M that includes $500K in incentives. As Arizona Phil pointed out, they actually retain the rights to Schierholtz for two seasons as he's only at a little over 4 years of service time. Along with the signings of Scott Feldman and Scott Baker, the Cubs have added over $14M in payroll for next season, almost what they were paying Carlos Zambrano to not play for them.
Cubs Roster Moves
The Cubs add to their stable of pitchers today, by signing RHP Scott Feldman to a one year deal for $6M, plus $1M in incentives according to various sources.
Today was the deadline to add players to the 40-man so they wouldn't be eligible to be selected in the Rule 5 draft. The winners were: RHP Trey McNutt, RHP Robert Whitenack, 3B Christian Villanueva and INF Logan Watkins. Nick Struck seems to be the only surprise name left off the 40-man additions...enjoy the Astros! To make room for the additions, Bryan LaHair was desginated for assignment and RHP Carlos Gutierrez was waived and assigned to Iowa after clearing waivers (I swear I don't even know who that is). LaHair is apparently going to sign to play in Japan.
The Cubs also traded RHP Jake Brigham (acquired in the trade for Geovany Soto) right back to the Texas Rangers for RHP Barret Loux and a player to be named later. Brigham allegedly has an elbow injury according to Bruce Miles, so that would explain why the Cubs are getting such high upside with Loux as it must be a reworking of the Soto deal (mighty nice of the Rangers). Loux was a former first round pick of the Diamondbacks (6th overall in 2010) out of Texas A&M. After agreeing on a $2M deal with the D'Backs, the club backed out citing an issue with his elbow and shoulder and the Rangers signed him for $312K later that year as a free agent. 2 years later, he put up a 14-1 mark in AA for the Rangers on a 3.47 ERA (7.1 K/9, 2.9 BB/9, 0.7 HR/9) and Texas League pitcher of the year honors.
By outrighting eight players and losing two more off waivers over the past couple of days, the Cubs are beginning to clear some space on their MLB Reserve List (40-man roster).
The Cubs MLB Reserve List now stands at 33 players, but three more players (RHP Matt Garza, 3B Ian Stewart, and RHP Arodys Vizcaino) are still on the 60-day Disabled List and they will need to be reinstated no later than the 5th day following the conclusion of the World Series. So the Cubs essentially have a 36-man MLB Reserve List right now.