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Cubs Acquire Gregg, Part Ways With Wood

4:12pm: Dave Cameron sees a net loss of 1-2 wins for the Cubs, swapping out Wood with Gregg.

2:18pm: GM Jim Hendry says the Cubs will part ways with lifetime Cub Kerry Wood.  Replacing him with Gregg should save the team a good $6MM.  The Cubs just couldn't pony up a huge multiyear deal for Wood.

1:06pm: The Miami Herald's Clark Spencer says the Marlins will receive relief prospect Jose Ceda in return.  Seems pretty good for one year of Gregg.

12:57pm: According to Ken Rosenthal, the Cubs acquired Kevin Gregg from the Marlins today.  It seems that Gregg could become the Cubs' setup man for Carlos Marmol if Kerry Wood departs.


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I don't even like saying this, but Hendry wouldn't be throwing Marmol into a Peavy deal...would he?

No...he can't be. But please feel free to reassure me.

Sounds like a move that seals Kerry Wood's departure to me, Marmol, Samardzija, and Gregg fight it out for the 9th inning with Marmol eventually winning.

great move

thought he'd end up in texas. i'm still curious to see where the catching surplus goes, and this all but removes the Marlins idea. Yanks? BoSox? We'll see...

As far as Gregg is concerned, totally surprised he's in a Cubs uni. Any chance they'll deal him to another club? Guess we'll see.

If its Ceda than I'm not sure why we could do this...unless we already knew about Wood leaving. I'm not a fan of this trade so far.

But will he wear "Peavy" on the back of his jersey to fool the fans?

i mean, they already have a STACKED bullpen, unless they do plan on offering smardizja in that peavy deal, or if they really aren't going to sign Wood and will sign Dempster and someone like Abreu?

w/o wood - the cubs have enough cash to sign abreu or ibanez - hopefully abreu

I despise this trade if it truly is Ceda for Gregg. Awful. I still don't think this says anything about what the Cubs plan to do with Wood though.

I'm loving this flurry of action on the relief market. That's two mid-tier closers who were expected to be locks to re-sign with their teams that'll now be available on the FA market (Wood, Hoffman). This could easily depress the prices for the higher end guys.

Absolute steal for the Marlins if Ceda for Gregg is true. Gregg's value stems entirely from the inning he was used in. Gregg's stuff is average at best and his walk and K rates are both headed in the wrong direction.

Ouch. Ceda is probably better than Gregg right now, and surely by the end of the season will be.

If the Cubs are no signing wood, it means good news for the Mets fans. Now you have more options with Wood and Hoffman added to the list. Also could this be because they are close to trading for Peavy, remember they could afford Peavy, Dempster and Wood.

Hopefully the Cubs got Gregg to replace Howry. If we got Gregg to replace Wood , I dont like it

Weren't the Cubs hoping to transition Samardzija into a starter? Or maybe I just dreamed that somewhere...

All in all, decent pickup for the Cubs. He should be a fairly dominant 7th or 8th inning guy, depending on the Wood situation.

So Ceda isn't going to the Padres in a Peavy deal then....

What are they actually offering?

Marshall, Cedeno and Pie?

too bad it cost ceda in return i don't want to see ceda closing games for the marlins next year for gregg

Ouch. I hate this one.

Like Gregg a lot but I was in love with Ceda. Kid is going to flourish in Miami. Great deal for the Marlins.

so long woody, you will be missed.

howry is gone, get 2 draft picks.

letting wood go, get 2 draft picks.

let gregg close, hope he gets type a after this season, let him walk, get 2 draft picks and let marmol finally close in '10. or, retain wood (somehow), give gregg the 7th inning, let him walk after this year, get those 2 draft picks. i'm right about all these draft picks, right?

re-sign dempster, quickly, and monitor the peavy situation, which shows no signs of being resolved. i could see gregg getting flipped somewhere, but not in the peavy deal. he doesn't make much sense for them. thoughts?

Howry isn't a Type A I don't believe. I could be wrong but I can't see him being one.

I would think this signals Marmol closing with Gregg setting up.

"howry is gone, get 2 draft picks."

This one you are probably not right on...we would have to offer arbitration and I don't think the Cubs will risk Howry accepting.

"If its Ceda than I'm not sure why we could do this...unless we already knew about Wood leaving. I'm not a fan of this trade so far."

I think this is the end for Wood. That said, I think this further goes to the economic repercussions of the backloaded deals this team gave out. Alot of cubs fans thought there was gonna be this '06 like spending spree, that aint gonna happen. Getting Gregg now enables them to sign that left handed bat that they need. Resigning Dempster and Wood might have made signing the left handed bat improbable.

Howry is a type A though.

Wow. Makes you wonder if there are actually 2 different GMs in Florida.

I would prefer Ceda to the entire package they got for Willingham/Olson.

Complete robbery by Florida.

On ESPN radio they just said that Hendry is having talks with Woods agents. If they sign Wood then I'm guessing Gregg and Marmol or Gregg and Wood as the set up men and either Wood or Marmol as closer. Then possibly of a Marquis trade and have Samardzija in the rotation. Still not a big fan of this trade.

any chance marmol gets dealt in a peavy deal? that would let samardzija get prepared to close long-term, and gregg could hold the position until he is ready. Just a thought.

Bullpen depth is always good, and having a guy thats been a closer is always good...but trading Ceda to get it is pretty much never good. We just lost our #2 prospect in an already weak farm system...and got Kevin Gregg. I keep telling myself

"Todd Walker for Kevin Gregg"

trying to make myself feel better...but its not working very well.

This is easily the worst move possible by Hendry. I am hoping he doesn't get Peavy because of Peavy's impending injuries, but moving your best young arm for a middle aged middle reliever just seems like something Dave Littlefield had a hand in.

Also not sure how this move gets Lee, Soriano, and Ramirez to hit in October or DeRosa to catch a ball with any kind of range.

why would the Cubs trade Ceda?
The only person i would even consider trading Ceda for would be Peavy.

Just a thought. Could this in anyway be a precursor to a Peavy deal?

Would it be possible to let Dempster walk, resign Wood, and deal Marmol to go with Gregg/Wood at the back end of games?

I know Atlanta fans are going to want to say I'm being hopeful (I'm not, I love Marmol) but would that be a potential scenario here?

I agree CubbyFan23.

As a Braves fan, I am actually concerned about this deal. With Hoffman not returning to SD, the Cubs may have made this deal in order to flip Gregg in a Peavy deal.

Steal for the Fish. Gregg became closer when Henry Owens went down with an injury. He didn't earn the role as much as fall into it.

Love this move for the Fish, they're shoring up their bullpen with Nunez, Cera, and Lindstrom closing. The pitching is going to be amazing next year.

Still don't understand the Nats trade though.

I hope this isn't a precursor for a Peavy deal.

Mark this down: Peavy will be hurt most of the time over the next 3-4 years. His mechanics are begging for it. He's 27 now and is finally breaking down. There is a really good website out there explaining why he'll break down.

The Cubs pitching was fine...it was the hitting and defense that was the problem. Maybe Hendry feels like his hands are tied, but moving Lee and/or DeRosa should be top-priority.

The Padres wouldn't pay Hoffman 4 million, but are going to pay Gregg 5 million and change after arbitration?

No way they are interested in Gregg.

I can't see why anyone would want to deal DeRosa. Lee I get. DeRosa, no matter how bad the defense, is an outstanding hitter and one of our most valuable tools.

This deal has to mean the Cubs are either ready to pull the trigger on a Peavy deal, or going to sign Dunn/Abreu. Otherwise why not just resign Wood and Dempster?

Maybe I'm nuts but no matter what the report says, I can't see the Cubs bringing Gregg/Wood/Marmol all into next year's pen and paying top dollar for Gregg to have him be a second setupman.

I agree with the notion that he may be flipped in a peavy deal. Gave up a decent prospect but even if we end up keeping him in chicago with the possible departure of wood it makes sense from a bullpen standpoint. There are so many ? marks in the BP that it was almost a required move

"The Padres wouldn't pay Hoffman 4 million, but are going to pay Gregg 5 million and change after arbitration?

No way they are interested in Gregg."

I agree. But I do think it could be a precursor for Marmol to the Padres, who obviously holds much more value than Ceda would have if the Cubs swapped him.

Actually it makes a bit of sense. If Ceda was not enough to top Atlanta's offer, throw Ceda for another capable setupman, and give the Padres Marmol instead.

Don't agree with the deal but the train of thought would make sense.

There's been a lot of noise so far about the Cubs/Padres needing to involve a 3rd team in the deal. Given that Gregg's a free agent after this season (and that the deal seems awfully odd otherwise), with the Padres cash flow issues, maybe they want him? It still seems very odd.

Ceda for one year of Gregg.

Nice move for the Fish. Not so much for the Cubs.

DeRosa may be an above-average offensive 2B, but he's a below-average defensive 2B and quite average in RF as well. I would rather have better defense and less offense at 2B, especially given the offensive machine the Cubs were last year.

Who says the Cubs wouldn't kick in $2 - $3 mil to offset the cost of Gregg. Or to enable them to trade Marmol, which does actually seem to make more sense.

As a Braves fan, I've been torn on the whole Peavy deal anyway. I believe Peavy's injury woes will just get worse from here on out.

DeRosa will probably be a type A free agent. I would keep him and let him walk after next year, netting the picks and letting Fontenot Theriot platoon at 2nd after that, if not just leave Theriot at SS and give 2nd to Fontenot full time. The guy had a +.900 OPS in part time duty last year.

Jose "Ricky Nolasco" Ceda is now a Marlin. The Cubs are doing a pretty good job of selling low on prospects and giving up too much value in trades with the Marlins.

Gregg could still be part of a Peavy deal, Its possible the Pads want to contend in 2010 and didnt think Ceda was ready so they would prefer a guy like Gregg. You may ask, "then why dont the Pads trade for Gregg", well, it could be b/c they didnt want to give up a young guy and are having us do their dirty work.... just a thought.

As a Cubs fan... im stumped. I normally like Hendry's trades, but I can't even begin to wrap my mind around this. Ceda almost made the team in spring last year, no reason to think he didnt have a shot this year. But trading him instead for an average arbitration eligible Gregg does NOT make me very happy.

I expect Hendry to do something else with this trade otherwise we just got fleeced.

Don't forget Dontrelle! ;)

And Sergio Mitre...

I hardly consider this selling low on Ceda though. I would think his value is at an all-time high right now.

i'm with bcaine. really hoping this is a replacement for howry. he was absolutely awful last season. still, i think wood signs. gregg seems like a good insurance policy as a setup man if wood goes down and marmol has to step in.

why aren't the marlins getting more heat from the media, dumping their players in the past week. is it becase so far none of the players so far are all that great and they have similar replacements? jacobs, oolsen, willingham, gregg, etc

beane and A's operate similar, yet the haters come out and rake them over the coals...any explanation?

Nothing against Gregg, who's a capable reliever, but this is a waste of one of the Cubs' few remaining trading chips.

Smart move. Re-stock the farm system by letting Wood walk (collect 2 draft picks). Then let Gregg close and try to get type-A status and let him walk. Trading Ceda could net 4 picks.

This is just like the Kazmir deal, but on a smaller scale:

Top pitching prospect (granted, not in Kazmir's class), traded for a mediocre veteran, when the pitching prospect himself could jump the low minors to the majors and probably outperform the veteran (at the time of the trade!).

Just crazy.

Up next: Samardzija for Percival.

There is no way the Padres are taking Gregg in a deal. The only way this makes sense is if Marmol is put in a package. Samardzija cannot be dealt.

Makes sense if Padres like Marmol over Ceda and the Cubs 1) don't want wood and 2) don't think Ceda can step in this yr

"Smart move. Re-stock the farm system by letting Wood walk (collect 2 draft picks). Then let Gregg close and try to get type-A status and let him walk. Trading Ceda could net 4 picks."

They won't let Gregg close...at least I don't think they will.

I don't know why the media would give heat to the Marlins for making a smart move like Gregg for Ceda. That would be dumb media.

They did take some critcism on the Willingham/Olsen deal, which seems appropriate.

I think too many people are looking at this as if Wood isn't going to be back now that the Cubs have traded for Gregg. To me it seems much more likely that Howry isn't going to be back now. Gregg isn't Wood's replacement, he's Howry's replacement.

Perhaps Hendry wasn't as high on Ceda, or maybe Ceda has other problems not related to his talent on the field. Seems like Ceda could have been used for more than just Kevin Gregg though. Gregg doesn't strike me as anything other than Michael Wuertz with a different name.

Curious trade but I still think Wood is coming back to Chicago.

Wood will not be returning to the Cubs.

what position would Derosa qualify for for Type A / B rankings?

Disagree pageian. Why would they pick up a reliever whose going to get paid like a closer if they intend to spend more big dollars on relief pitching? Marmol is arguably a better candidate for closer at this point than Wood anyway. The Cubs pen is solid, they have other needs, and they don't have infinite dollars to spend. The only way going hard after Wood makes sense now is if Samardzija or Marmol is in a deal for Peavy.

If Marmol is traded, Gregg walks and the Shark moves into the rotation, what happens in the Cubs bullpen in 2010? All you have is an injury-prone Wood, Guadin, Wuertz and an injury prone A. Guzman.

That simply won't cut it.

And if you sign a high-impact bullpen arm for 2010, you are simply giving back the two draft picks you received for letting Gregg walk. So in essence, if this isn't part of a bigger deal, the Cubs trade Ceda for one year of Gregg and nothing else.

i knew howry was a type a, but i forgot about offering arb. thanks.

if marmol is included for peavy i guess i'm ok with this move, but wood HAS to be resigned in this scenario. the cubs do have some useful bullpen options, but nothing particularly inspiring minus marmol. the padres are letting hoffman go, and maybe they have been asking for marmol all along to be their next closer. however, getting gregg, keeping marmol and letting wood walk i'm not ok with. this has to be leading to something else.

Maromol is going nowhere, hes our future closer and we dont have the farm system or uncommitted cash to sign a FA Closer in the next few years. I still hope Woody stays with the team but Im guessing that given the slow movement on the Peavy front the cubs may try to sign woody and then determine what to do with Gregg. He'd be a nice addition either way and although Ceda may have been a little much I think the mindset this year as in every year since 1908 is "This is the Year"

So, now, in possible Peavy or Roberts trades, it's Vitters and...Nobody!

Now, make a half-hearted effort to resign Wood at a reasonable price. Worst case scenario: he walks elsewhere for more money, and Marmol (who is MORE than capable) steps into the closer role.
Wood didn't exactly blow me away anyway; I think Marmol could be a lot more "lights out".

Wood done as a Cub. A truly awful start to the offseasonf or Jim Hendry. A big strength just became a huge weakness.

http://www.chicagobreakingnews.com/2008/11/kerry-wood-and-cubs-split.html

"what position would Derosa qualify for for Type A / B rankings?"

2nd Base

"And if you sign a high-impact bullpen arm for 2010, you are simply giving back the two draft picks you received for letting Gregg walk. So in essence, if this isn't part of a bigger deal, the Cubs trade Ceda for one year of Gregg and nothing else."

Unless the San Diego deal could not be done without Marmol. Dealing for that one year of Gregg allows the Cubs to deal Marmol.

"Wood will not be returning to the Cubs."

Why?

Since pitching exclusively in relief the last two seasons, Gregg has stranded 32 of his 36 inherited runners, an 88.9 percent success rate. He sounds like a solid setup man. Lets hope hes just obtained to take over for Howry.

"Wood done as a Cub. A truly awful start to the offseasonf or Jim Hendry. A big strength just became a huge weakness."

:(

Interesting. I guess they were serious about being focused on a left handed bat. It has already cost us Wood, and could it cost Dempster as well?

That being said...The difference between Gregg and Wood will probably be two wins at the most...and hopefully the money we save should be able to pick that back up...along with netting us two draft picks. I like the idea of getting Wilken as many picks as possible.

You guys aren't going to be saying its awful when the Cubs use that saved money on ADAM DUNN!!!!! Trust me, you want ADAM DUNN!!!! more than Kerry Wood. Don't get me wrong, in my opinion, Wood is top 5 in closers. Gregg is top 15 at least, and DUNN!!!! is probably the most powerful presence as a left-handed bat. Think about that before you get upset.

Marmol ain't going anywere, and Peavy ain't coming to the Cubs.

Welcome Abreau, Ibanez, or Dunn to the Cubs, which makes me want to puke.

Total bullsh*t here.

MEddler, Gregg is going to get paid like a low end closer, which is about what Howry was making anyway. I still don't think Hendry or anyone else really looks at Kevin Gregg as a replacement for Kerry Wood. It's possible that Wood doesn't return and Marmol closes but Gregg would still not be replacing Wood in the bullpen, he'd be replacing Marmol or Howry's innings. I just don't think acquiring Gregg means that Wood is necessarily gone. In fact I think Wood and Hendry will get something done and Wood will be closing for the Cubs in '09 and perhaps beyond.

Bad move for the Cubs. I am not a fan of Gregg at all.

I wonder if the Mets will look to sign Wood? With all these closers available I wonder what kind of contract K-Rod ends up with now??

Why!? This is a dumb move Wood had a better year his first year as a closer then Gregg did for like 2 seasons. It's not going to be the same without being pissed how he injured himself again. Thanks Wood for your 20 k's and your 34 saves.

i hate this move if I'm a cubs fan. How can they get rid of their closer? When did they become sellers and not buyers? OH and Gregg. got to see him a bunch in the NL East and he's definitely a step down. In fact he had been demoted last year and lost his closer spot by the end of the year to Lindstrom. Marmol is now your closer and i hope he can take the mentality of it. Don't know him so i won't say, but it takes a different animal to close games out. Wonder where Wood goes now??

I say Rangers, Mets, Tigers will get him.

I will personally puke if the Cardinals go out and sign him.

Is the Mets first round pick protected?

I argree with priorera.

Dunn is coming to the cubs...

Marmol is staying..

We should be happy with Gregg..hes not the closer, hes just eating up innings..

Soriano
Fontenot/DeRosa
Lee
Ramirez
Dunn
Soto
Theriot/Derosa
Fukudome/Johnson/Pie

Cant hate that lineup

P.S.

Woody is going somewhere in Texas..

Gregg is Howry's replacement? $5m seems awfully steep for a 7th inning guy.

If we get Dunn I'll reverse my opinion on this. That's the only thing to hope for out of it all.

That would be quite the wicked lineup.

"Wood will not be returning to the Cubs."

My heart hurts.

Woody was a first class guy and I share miltie's sentiment but freeing up the payroll was necessary. I had speculated that Kerry might sign on for 1 or 2 years at a discount to play for a contender but its apparent he has other intentions, one of which I presume is playing closer (or in) his home state for a team willing to spend 7-9 million on a proven closer.

Gregg is Howry's replacement? $5m seems awfully steep for a 7th inning guy.

Posted by: bjsguess | November 13, 2008 at 02:58 PM

Plus the Cub's second best prospect, Ceda. Hendry and the Cubs just got fleeced and Cubs fans know that.

If this really is designed to replace Wood with the intent of bringing in Adam Dunn (I don't believe it is) then I hope the team will look into the idea of moving Soriano to RF and planting Dunn in LF. I guess Soriano won't like it but at some point the guy has to start being a team player, not hitting where ever he wants in the lineup regardless of power and .OBP, and shifting positions to better accommodate his teammates abilities. I'm not familiar with Dunn's arm but I'm guessing that Soriano has a better arm than Dunn.

the Lineup if we got Dunn and not a leadoff hitter would have to be:

Soriano
Lee
Ramirez
Dunn

Lee is not a #3 hitter, he's an OBP kind of guy, we need to treat him as such. We need a true leadoff hitter like Furcal to get closer to what we need:

Furcal
Lee
Ramirez
Dunn
Soriano

I don't hate letting Wood walk if it brings us close to this... but if we dont do something big on the offensive side now I will hate losing Ceda for Gregg even more than I already do.

Dunn and Soriano... dear lord. I'm going to have to wear blinders at the games to avoid having to see them in action. Hell, let's get Abreu to play center while we're at it!!

Dunn would be great. Especially if we could move Lee for Winn and some change. Id much rather see Dunn at 1b than rf. We would have our left handed power hitter and a leadoff hitter.

A winn trade poses a problem. Pinella has already stated that soriano is the leadoff hitter and if you look at our record while he hit leadoff it proves we are much better off with Alfonso in the leadoff spot. Lee has a NTC and Pinella has already said that Lee is going nowhere. With Fukudomes move to cf that leave RF open, Im pretty sure Dunn is going to land there, whatever runs he may give up as a defensive liability are going to be made up by his power and walks.

With Dunn and Winn (traded Lee for Winn)

Winn B
Theriot R
Ramirez R
Dunn L
Soriano R
Soto R
Fukudome L
DeRosa R

With Lee and Dunn

Theriot R
Lee R
Ramirez R
Dunn L
Soriano R
Soto R
Fukudome L
DeRosa R

"A winn trade poses a problem. Pinella has already stated that soriano is the leadoff hitter and if you look at our record while he hit leadoff it proves we are much better off with Alfonso in the leadoff spot. Lee has a NTC and Pinella has already said that Lee is going nowhere. With Fukudomes move to cf that leave RF open, Im pretty sure Dunn is going to land there, whatever runs he may give up as a defensive liability are going to be made up by his power and walks."

The record with Soriano leading off? You mean with him in the lineup, he hasnt hit anywhere but leadoff with the cubs. This is the year Soriano hits 5th. Lee grew up in CA, theres s agood chance he would waive the NTC. I do agree about Dunn, he will makeup for his def deficiencies.

Soriano would do much better in the 3 or 5 hole than at leadoff... he would be able to put up better numbers and would lead to more cubs success

I'd like to see us get furcal but it seems like a longshot

Pinella already said he does not intend to move Soriano down in the lineup for 2009. I think it is absolutely needed, but the fact he openly said that concerns me.

cubsgm, Dunn will take much more than 4/55.

It's obvious it needs to be done... Lee is not producing like he had in the past and Aramis can't do it all himself..

he said that last year, has Lou recently said that? After the WS, I actually heard he thinks the team would be better with a real leadoff hitter.

Jim Hendry just gave a radio interview and says he wants Wood to go get his 3-4 year mega deal for his family. It won't be with the Cubs.

I suspected when I saw Wood pitch game 2 NLDS at the end when the Cubs were clearly done that it was his last Cub appearence. Sometimes you get that feeling.

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