Yankees Claim Carlos Pena; Deal Unlikely

10:41pm: Pena has been told that the Cubs will pull him back off of waivers, according to Muskat (on Twitter).

5:59pm: The Cubs and Yankees haven't had contact about Pena as of this evening, according to Olney (on Twitter).

5:06pm: GM Brian Cashman told MLB.com's Bryan Hoch that a trade is "very unlikely" for the Yankees and that he's "not optimistic" about making a deal. MLB.com's Carrie Muskat reports (on Twitter) that Pena isn't going anywhere.

4:16pm: The Yankees claimed Pena, according to Jon Heyman of SI.com (on Twitter). That means every team in baseball other than New York and possibly Boston passed on Pena. It's clear that the Yankees want Pena, according to ESPN.com's Buster Olney, but Ken Rosenthal of FOX Sports says the Cubs remain reluctant to make a deal (Twitter links).

1:09pm: Cubs slugger Carlos Pena was claimed on waivers by an unknown team, according to Buster Olney of ESPN.com (via Twitter).  The Cubs made the decision to place Pena on trade waivers on Monday, triggering a 48 hour window in which teams could put in claims.

In 480 plate appearances this year for the Cubs, the 33-year-old is hitting .222/.342/.455 with 23 homers.  Pena is owed about $1MM for the rest of the year and projects as a Type B free agent this winter.  The Cubs will be on the hook for a deferred $5MM in January even if they deal him.


Leave a Reply

115 Comments on "Yankees Claim Carlos Pena; Deal Unlikely"


mikeclyne
4 years 5 days ago

SF Giants is my guess…

rainyperez
4 years 5 days ago

So we cannot further play Brandon Belt…and unless Aubrey Huff goes on our magical DL list or is reduced to a pinch hitter role than Sabean is much more desperate than we think. 

Chris Faina
4 years 5 days ago

magic DL stints happen frequently here in SF lol… also rosters expand in a week. 

rainyperez
4 years 5 days ago

Very true but then we would have to cut someone from the roster. Unless DeRosa swings at an imaginary wall and blows up his wrist again prompting us to put him on the 60 Day DL lol…

jwsox
4 years 5 days ago

DFA fontenot…bench aubrey move belt to left…

4 years 5 days ago

Angels would be my guess

4 years 5 days ago

Indians.

Brad Tracy
4 years 5 days ago

Indians are done. SORRY!!!

4 years 5 days ago

What about the Indians acquiring him, and then extending him? Takes care of a few offensive issues for the Indians rather early. 

4 years 5 days ago

Arizona?

4 years 5 days ago

If they didn’t go after him at the previous deadline then I question what their plan is.

bigpat
4 years 5 days ago

Pirates, haha just kidding. 

4 years 5 days ago

Actually…

craig s (ManusBret)
4 years 5 days ago

redsox?

$1526717
4 years 5 days ago

REVEAL YOURSELF MYSTERY TEAM!

Mike Agogliati
4 years 5 days ago

Oh god, not the sox!!!!

craig s (ManusBret)
4 years 5 days ago

yes the sox

Jeffy25
4 years 5 days ago

I doubt he reached an al team. D backs make sense

Neil Guzman
4 years 5 days ago

Rockies…;)

sportsnut969
4 years 5 days ago

Indians are playing their rookie 3rd baseman as the DH for the second day in a row so with them losing their Thome claim by a half game to the White Sox and Hafner most likely done for the year I see them as a team that would take a gamble on Pena for a DH.

drodd
4 years 5 days ago

hope the cubs can get a prospect for him

aaron b
4 years 5 days ago

Orioles,

Well known that they love mediocre former Cubs.

milburn26
4 years 5 days ago

After moving Lee, the Os have room to bring in another Cubbie.

fxx3605
4 years 5 days ago

from one former cubbie 1st basemen to the next

Chris Faina
4 years 5 days ago

Giants or D-backs would be my guess

4 years 5 days ago

my guess is dbacks they’ve been trying to seek a power 1B the whole year and their among the top 10 in waiver claim, makes sense they get him now they’re in serious postseason talks.

4 years 5 days ago

why are the cubs still on the hook for the $5M deferred? Doesn’t the claiming team take on the contract if the Cubs just let him go?

mmontice
4 years 5 days ago

Maybe because its deferred money from this year’s contract.  Not really sure?

4 years 5 days ago

It’s deferred money, not a signing bonus. When you claim a player, you take on his contract… which should mean that if you’re taking on a guy that has deferred money, you have to pay that deferred money. Trying to find info on it though.

Bob George
4 years 5 days ago

The writer is wrong, technically. The Cubs would owe the deferred money if they allow the other team to just take Pena for free. However, if a trade were made, technically the Cubs would not be on the hook…but, since this is a waiver trade situation, the Cubs will have to pay that $5 mil just to trade him. Simply letting the other team assume the deal isn’t going to save the Cubs much money, Pena is owed less than $1 mil the rest of the season, other than the deferred money.

4 years 5 days ago

Are you sure of this… unfortunately I can’t find a thing that states anything about deferred payments with waiver transactions.

4 years 5 days ago

*sorry the dbacks arent in top 10 waiver claim but among contenders they are in good position. 

4 years 5 days ago

If the Cubs trade Pena, doesn’t his contract go with him? I believe any team he’s traded to would be responsible for his deferred salary.

4 years 5 days ago

I was going to ask this same question.

Bob George
4 years 5 days ago

The Ghost of Jim Hendry screws the Cubs again.

4 years 5 days ago

I don’t think so. The money’s deferred, but the salary is still allotted for the 2010 season. I imagine the deferred salary would be prorated between the teams, with the Cubs having the lion’s share of the responsibility since he’ll have spent the majority of the season with them.

This is just conjecture, though. I’m interested in knowing the truth of it myself…

-C

jwsox
4 years 5 days ago

White sox for Adam Dunn. This is of course assuming Dunn was placed on and cleared waivers. Which he more than likely did. Cash too of course.

BlueCatuli
4 years 5 days ago

That would be counter productive.

GoCubsGo
4 years 5 days ago

What if the Cubs just Gave him to the claiming team? Wouldn’t said team be on the hook for  all of the money, deferment included?

BlueCatuli
4 years 5 days ago

Part of the structure of the deal.

jwsox
4 years 5 days ago

Yes. In a straight claim the team taking Pena would assume all his contract including deferred payments ( see manny to the whitesox last year) but if it’s a trade and no money is involved the cubs would be on the hook for the payments in January. Honestly the Cuba should just let the claiming team take
Him and save 6 mill total.

GoCubsGo
4 years 5 days ago

Absolutely they should…there’s no point to having him around the rest of the year.

4 years 5 days ago

Are you sure of this? I haven’t been able to find anything at all addressing this.

guest_54
4 years 5 days ago

I think the Dodgers are the ones paying Manny’s deferred money. I seem to remember an article stating that with his payments beginning, McCourt’s financial troubles got worse (he was having to make payroll as well as start the payments to Manny).