Chicago Cubs

Chicago Cubs

Player News - Cubs

Date: Team: Pos:

Cubs designated RHP Donn Roach for assignment.

Roach was claimed off waivers by the Cubs last month. The 24-year-old right-hander had a 4.75 ERA and 17/15 K/BB ratio over 30 1/3 innings in the majors last season.
Dec 19 - 3:09 PM

Cubs designated INF Logan Watkins for assignment.

Watkins, 25, has posted decent numbers in the minors but has hit just .233/.269/.301 over 110 plate appearances in the majors. He's versatile and young, so some team might claim him on waivers.
Dec 19 - 3:07 PM

Cubs claimed 1B/C Ryan Lavarnway off waivers from the Dodgers.

Lavarnway had been claimed by the Dodgers earlier this month before being designated for assignment a week later for the second time this offseason. The 27-year-old had an injury-shortened 2014 season and isn't really a prospect anymore but is probably worth a flier. It remains to be seen how he'll fit in with the Cubs, but he makes the most sense as a third catcher/pinch-hitter.
Dec 19 - 3:05 PM

Cubs claimed OF/1B Shane Peterson off waivers from the Athletics.

Peterson had been designated for assignment last week. The former second-round pick has limited experience in the majors but batted .308/.381/.460 this past season at Triple-A. He could be an option for the Cubs' bench.
Dec 19 - 1:29 PM

Cubs signed RHP Jason Motte to a one-year, $4.5 million contract.

The deal also contains $2.5 million worth of incentives for games finished. The Cubs plan to use Motte in a setup role, but he'll provide some insurance in case Hector Rondon struggles. Motte put up a 4.68 ERA and 1.52 WHIP in 29 appearances for the Cardinals in 2014, but the hope is that he'll be able to regain his past form as he further distances himself from Tommy John surgery.
Dec 19 - 11:41 AM

Cubs signed RHP Anthony Carter to a minor league contract with an invitation to spring training.

Carter, 28, spent most of last season in Japan but held a 3.47 ERA with 79 strikeouts over 62 1/3 innings at Triple-A for the Red Sox in 2013. He's never appeared in a major league game.
Dec 18 - 7:00 PM

Cubs acquired RHP Matt Brazis from the Mariners for OF Justin Ruggiano.

Brazis posted a 2.36 ERA in 72+ innings between High-A and Double-A in 2014. The 25-year-old will serve as organizational depth for the Cubs.
Dec 17 - 1:45 PM

Bruce Levine of reports that the Cubs have agreed to terms on a one-year contract with Jason Motte.

The deal, which is pending a physical, is worth $4.5 million and contains $2.5 million worth of incentives for games finished. Motte had a rough 2014 season in his first year back from Tommy John surgery, posting a 4.68 ERA and 1.52 WHIP in 29 appearances. Still, he's a worthy gamble on a one-year deal in hopes that his pre-surgery velocity returns. Motte held a 2.87 ERA while striking out over a batter per inning in his first five years with the Cardinals.
Dec 15 - 6:20 PM

Cubs signed LHP Jon Lester to a six-year, $155 million contract.

The deal was agreed to earlier in the week, but it took a few days to iron out all of the specifics in the contract. The Cubs will hold a press conference on Monday afternoon to formally introduce their new ace.
Dec 13 - 11:33 AM

Cubs signed RHP Jason Hammel to a two-year, $18 million contract with a $12 million club option for 2017.

The option contains a $2 million buyout, so Hammel is guaranteed at least $20 million. Hammel was excellent for the Cubs last season, posting a 2.98 ERA over 17 starts before being shipped to the A's at the trade deadline. He didn't pitch as well in Oakland (4.26 ERA), but at $18 million Hammel is a solid investment for the Cubbies.
Dec 12 - 11:49 AM

Gordon Wittenmyer of the Chicago Sun-Times reports that the Phillies are "one of several teams" that have asked the Cubs about Travis Wood.

It's not clear whether the talks got anywhere, though Wittenmyer notes that the Cubs "like" Ben Revere so it's possible he could be part of a deal involving Wood. The left-hander is coming off a down season and is due another raise in arbitration, but the Phillies need rotation help and Wood is a solid innings-eater.
Dec 12 - 9:46 AM

Athletics designated 1B Shane Peterson for assignment.

Peterson was acquired from the Cardinals in 2009 as part of the Matt Holliday trade but only logged eight plate appearances for the A's. The 26-year-old did post a decent .308/.381/.460 batting line this past season at Triple-A, so he could draw interest on waivers.
Dec 11 - 1:11 PM

Dodgers designated 1B/C Ryan Lavarnway for assignment.

Lavarnway was claimed off waivers from the Red Sox last week, but he's now getting the boot after the Dodgers' flurry of activity at the Winter Meetings. The 27-year-old should draw interest on the waiver wire.
Dec 11 - 8:59 AM

Jayson Stark of reports that Jon Lester's signing bonus with the Cubs is worth $30 million.

Wowza. The bonus will be paid out over the life of his six-year, $155 million contract. Jeff Passan of Yahoo Sports hears that $20 million will be paid up front while the remaining $10 million will be more spread out. The deal carries a full no-trade clause. The seventh year option is worth $25 million and carries a $10 million buyout. It will vest if he reaches 200 innings in 2020 or 400 total innings between 2019-20.
Dec 10 - 11:38 AM

ESPN's Buster Olney reports that Jon Lester's deal with the Cubs includes a signing bonus of at least $20 million.

Well, that probably made the decision a little bit easier. Nothing has been officially announced yet, but Lester has reportedly agreed to a six-year, $155 million contract with the Cubs. There's an option for a seventh year which could bring the max total to $170 million.
Dec 10 - 10:39 AM

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