The Cubs have acquired Justin Germano from the Red Sox in exchange for cash considerations, according to a team press release. The veteran right-hander was designated for assignment by Boston earlier this week to make room for Jacoby Ellsbury's return from the disabled list. Germano has a 4.91 ERA and a 1.88 K/BB ratio in 80 Major League games (36 of them starts) with the Red Sox, Indians, Padres and Reds since 2004. He made just one appearance with the Sox this season, though Germano posted a 2.40 ERA as a starter for Triple-A Pawtucket.
It appears as though Germano could be rotation depth in case the Cubs deal Matt Garza or Ryan Dempster. Bruce Miles of the Daily Herald tweets that prospect Casey Coleman was scratched from his Triple-A start today in case Germano can't make it to St. Louis in time for the Cubs' game with the Cardinals on Friday. Dempster is scheduled to start that game, though we heard earlier today that the Cubs will have a backup starter — clearly either Coleman or Germano — on hand should Dempster be traded before Friday night. This is just a cautionary move from the Cubs, as MLB.com's Carrie Muskat (Twitter link) reports that a Dempster trade is not imminent.
In a corresponding move, the Cubs designated Jairo Asencio for assignment. Chicago claimed Asencio off waivers when the right-hander was DFA'ed by the Indians in May. The 28-year-old Asencio has a 4.91 ERA in 30 games (40 1/3 innings) with the Indians and Cubs this season.