Cubs Acquire Aaron Heilman For Cedeno, Olson

11:39am: ESPN’s Jerry Crasnick says the Mariners acquired Cedeno and Garrett Olson from the Cubs for Heilman.  Essentially, the Cubs moved two out of options players in Cedeno and Felix Pie to get Heilman, who they’ve coveted for a while.  The Mariners did well here, adding a back-rotation candidate in Olson and competition for Yuniesky Betancourt in Cedeno.  They released Randy Messenger to make room for the pair.

Bruce Miles says Heilman will be given a chance to start for the Cubs.

10:55am: Ken Rosenthal confirms the deal, saying the Cubs are on the verge of landing Heilman for Cedeno and a minor league pitcher.  The deal is expected to be announced today.

10:25am: According to ESPN Radio’s Bruce Levine, the Cubs are close to acquiring pitcher Aaron Heilman from the Mariners.  The Ms want shortstop Ronny Cedeno and pitching in return.  Heilman was dealt to Seattle in the J.J. Putz trade earlier this winter.  Earlier this month, Ken Rosenthal mentioned that the Mariners were likely willing to trade Heilman, "who they did not consider a key component of the Putz trade."

Heilman, 30, is set to earn $1.625MM in ’09.  He’ll be eligible for free agency after the 2010 season.

Levine also mentioned that three teams are interested in out-of-options Cubs hurler Rich Hill.