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Cubs not expected to deal Carlos Pena to Yankees

Aug 24, 2011, 7:36 PM EDT

carlos pena ap AP

Cubs first baseman Carlos Pena was claimed off waivers by the Yankees on Wednesday afternoon.

The Cubs are well out of contention for a playoff spot and would do well to dump some cash. And the Yankees could use an upgrade at designated hitter, where Jorge Posada and Co. have been far too inconsistent. But it doesn’t sound like Pena will be making his way to New York this month.

Carrie Muskat of wrote earlier today that the 33-year-old slugger is “not going anywhere” and’s Buster Olney tweeted moments ago that the Cubs and Yanks have “had no contact” yet concerning the waiver claim.

Pena will become a free agent this winter and could probably net the Cubs a lower-tier prospect from the Yankees’ farm system, but the Chicago front office made no effort to shop him at last month’s non-waiver deadline and apparently haven’t found new motivation here in late August.

Phil Rogers of the Chicago Tribune thinks he knows the Cubs’ primary reason for standing pat: half of the one-year, $10 million free agent contract that Pena signed last winter was deferred to 2012.

And why does that matter? Well … uhh … we don’t have a damn clue.

  1. aronmantoo - Aug 24, 2011 at 7:39 PM

    New York Sports News on SNY said this was already a done deal

  2. nlfan865 - Aug 24, 2011 at 8:23 PM

    Doesnt that mean that he was passed up by every team in the NL then passed up by every team in the AL before the yankees got a shot at him? And why does that matter?

  3. dirtyharry1971 - Aug 24, 2011 at 8:30 PM

    Why would anyone want this guy? Stick with Posada if your gonna go this route!!

    • proudlycanadian - Aug 24, 2011 at 8:48 PM

      I agree with Harry. I think that Posada makes a completely inadequate DH, so I think that the Yankees should stick with him.

      • dirtyharry1971 - Aug 24, 2011 at 10:24 PM

        I dont think Posada is adequate, i just think Pena is NO upgrade. You know kinda like the trade the bluegays just made? Everyone involved in that trade sucked so whats the point?

  4. mplsjoe - Aug 24, 2011 at 8:34 PM

    Shouldn’t the deferred $5 million to 2012 make it more likely that the Cubs would just let the Yankees have Pena? If the Cubs let Pena and his contract go, wouldn’t the Yanks be on the hook for at least part of that $5 million, thus taking money off the Cubs’ 2012 books?

  5. pisano - Aug 24, 2011 at 8:52 PM

    That didn’t make any sense at all, this guy strikes out more than Posada and I haven’t looked but I’ll bet he has a lower batting average.

  6. killabri - Aug 24, 2011 at 9:06 PM

    By DHing Carlos Pena, you take away half of the value he gives you in his Gold Glove caliber defense at first. The Yankees already have Mark Texieria at first base, so obviously Carlos wasn’t going to play there.

    He would represent a reasonable upgrade in power at the DH spot, but trading for him only to then take away half of what he brings to the table seems a bit pointless.

  7. Ick McWang - Aug 25, 2011 at 1:15 AM

    if i am not mistaken, deferred money is still guaranteed money off that season’s payroll, so like it or not, basically the cubs signed pena to a 1 yr, 10 mil deal but it pays out as a 2 year, 10 mil deal. So Iin the cubs front office perspective, thy are on the hook for pena next year for 5 mil regardless.

    and i maybe mistaken again, but i dont think deferred money is transferable. re: bobby bonilla and the mets.

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