Cubs, Rangers Getting Closer On Garza Deal

The Matt Garza rumors have picked up steam in the past couple of days, with ESPN's Jim Bowden stating Wednesday that there's an 80 percent chance he's traded before his next start. On Tuesday, we learned that the Cubs have a slight preference toward pitching prospects as opposed to position players and that the Rangers are unwilling to part with Martin Perez to acquire Garza. Here's the latest on Garza…

• Jon Heyman of CBS Sports writes that while the Rangers are "prominently involved," other teams are still in the mix for Garza at this point.
• Ken Rosenthal of FOX Sports tweets that Class A right-hander C.J. Edwards is indeed in play in trade talks. Edwards, 21, has a 1.83 ERA with 11.8 K/9 and 3.3 BB/9 in 93 1/3 innings for Class A Hickory this season.
• One official tells Rosenthal that the Cubs and Rangers are "getting closer" on a Garza trade (Twitter link). Rosenthal adds that third base prospect Mike Olt is "possibly" in play, but the two sides are discussing prospects from multiple levels.

Earlier Updates

• The Cubs are asking teams for their "last and best offers" for Garza, tweets ESPN's Buster Olney, and other clubs think he's thrown his last pitch as a Cub. In a separate pair of tweets, Olney adds that while the Rangers don't want to move Perez, they have other pitching prospects such as C.J. Edwards and Luke Jackson that could be of interest to the Cubs. Jackson ranked as the team's No. 6 prospect prior to the season according to Baseball America, while Edwards ranked 14th. Both have had strong minor league seasons.
• Rosenthal writes that the Rangers have the most motivation to acquire Garza and have had extensive talks with the Cubs. He adds that the Dodgers are still in the mix even after acquiring Ricky Nolasco from the Marlins.
• If the Rangers don't acquire Garza, rival executives see the Cardinals, Red Sox, Diamondbacks and Dodgers as the likeliest destinations, according to Jeff Passan of Yahoo Sports (Twitter link).
• As reported earlier by Troy Renck of the Denver Post, Rockies owner Dick Monfort issued a letter to season-ticket holders saying the team wouldn't surrender top prospects for rentals. That, presumably, officially takes them out of the running for Garza's services.