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UPDATE: The Dan Haren-for-Carlos Marmol swap is not happening

Nov 2, 2012, 10:22 PM EST

Dan Haren AP AP

UPDATE: Oh boy. Patrick Mooney of CSNChicago.com was told by a source that the deal is off.

Ken Rosenthal of FOXSports.com hears that Carlos Marmol would have signed off on the trade, but the Cubs pulled the deal off the table for some reason. It could be because of the money involved or the medicals or maybe because Theo Epstein felt bad for pulling a fast one on Dipoto. In any case, the Angels are now talking to other teams and must decide by midnight ET whether to exercise Haren’s $15.5 million option for 2013. They could hypothetically pick up the option and trade him at a later date.

9:43 PM: As Ken Rosenthal of FOXSports.com notes, the hold-up isn’t because the Angels got cold feet, but rather because the Cubs are waiting on Carlos Marmol to waive his no-trade clause. If he agrees to join the Angels, Dan Haren will go to the Cubs.

This is a strange development, as Marmol’s comments to Dominican newspaper El Caribe earlier tonight (via Alden Gonzalez of MLB.com) made it sound like he was on board and the trade was a foregone conclusion. Apparently not.

9:30 PM: Ken Rosenthal of FOXSports.com is also hearing that the deal isn’t done and that the Angels continue to talk to other teams. The clock is ticking, though.

8:53 PM: Hold your horses, everybody. According to Alden Gonzalez of MLB.com, reports of a deal are premature and the Angels are still in active discussions with more than one team.

For what it’s worth, Mike DiGiovanna of the Los Angeles Times writes that one potential hold-up of the trade is that the Angels and Cubs are waiting for approval from MLB because of the money being exchanged. In other words, don’t assume this deal is dead. Still, this could be a long night.

8:15 PM: Ken Rosenthal of FOXSports.com writes that the Angels could contribute all or part of Haren’s $3.5 million buyout. Wait, shouldn’t the Cubs be covering part of Marmol’s salary here? Epstein may have pulled a heck of a Jedi mind trick on Jerry Dipoto.

7:59 PM: Dan Haren said earlier this week that he expected to be traded before tonight’s midnight deadline on his $15.5 million club option for 2013. Not only is he being traded, but there’s an interesting twist involved.

Gordon Wittenmyer of the Chicago Sun-Times and Bruce Levine of ESPN Chicago are reporting that the Angels have traded Haren to the Cubs for Carlos Marmol. Yancen Pujols was first to report that Marmol was involved in a trade.

No word yet on how much money will exchange hands or if other players will be involved. Marmol is set to make $9.8 million next season. Meanwhile, the Angels were prepared to buy out Haren’s option for $3.5 million if they couldn’t find a trade partner.

Getting Haren is a major coup for Theo Epstein and company, even coming off a down season where he posted a 4.33 ERA over 30 starts while showing diminished velocity and dealing with a back issue. If he can rebound, the Cubs could flip him for a pretty nice haul at the trade deadline next year.

As for Marmol, the erratic right-hander is coming off a season where he posted a 3.42 ERA, 20 saves and a 72/45 K/BB ratio over 55 1/3 innings. Most expected the Angels to be in the market for a closer this offseason, but that may no longer be the case with Marmol and Ernesto Frieri in-house. That would take away one potential destination for Rafael Soriano.

  1. sergio408 - Nov 2, 2012 at 8:03 PM

    Very nice trade for Theo if, Haren can become his old self.

    • flavadave10 - Nov 2, 2012 at 8:08 PM

      I don’t get this trade from the Cubs perspective. You could have gotten him a few days later without giving up a draft pick or even any players.

      • roenick99 - Nov 2, 2012 at 8:16 PM

        Because Marmol SUCKS. This is huge. A great day no matter what Haren does this year.

      • paperlions - Nov 2, 2012 at 8:19 PM

        They were just dumping Marmol’s salary. He isn’t worth 1/2 of that.

        I still don’t think the Cubs will get much for Haren if they try to flip him during the 2013 season….teams just don’t give up much for rentals anymore…and the few teams that will typically have thin systems for exactly that reason…making the number of rentals they can trade for small.

      • churchoftheperpetuallyoutraged - Nov 2, 2012 at 8:22 PM

        You could have gotten him a few days later without giving up a draft pick or even any players.

        The first round pick is protected, so giving up a second isn’t going to do much. Also, this prevented other teams from getting involved, and possibly driving up the price.

      • flavadave10 - Nov 2, 2012 at 8:25 PM

        The Angels didn’t offer him a qualifying offer, so they wouldn’t have had to worry about draft picks. Decent point, but how much does this really help the Cubs?

      • skeleteeth - Nov 2, 2012 at 8:44 PM

        @flavadave10

        He’s a FA after 2013 so if he can return to the Dan Haren he has been previously in the first half he could fetch some nice mlb-ready prospects from someone with post-season hopes next July.

        This is a trade for Theo so it will probably work out.

  2. biasedhomer - Nov 2, 2012 at 8:14 PM

    Also, don’t forget about Jordan Walden, who struggled in the closer role early on, but should be in the mix to grab some saves next season.

  3. flavadave10 - Nov 2, 2012 at 8:21 PM

    @roenick99 You’re still giving up something you could have had for a lot cheaper a few days later. From the Angels perspective, I thought they were trying to cut payroll? Assuming that each team is paying for the other team’s player, this does the exact opposite.

    • aarondommin - Nov 2, 2012 at 8:44 PM

      From the Angels perspective this is a great deal ESPECIALLY considering they were going to be paying $3.5 mil to buyout Haren. So essentially they are getting Marmol on a 1yr/$6.3 mil dollar deal. Pretty good considering Brandon League just got 3 yr/$22 and the Dbacks just got Heath Bell for essentially 2yr/$13. From the Cubs perspective they are getting a potential front line guy for $6 million more than they were paying their 8th inning guy. If Haren bounces back, he and Garza will be a formidable 1-2 punch on the North Side. Great gamble considering a last place team shouldnt be paying their 8th inning guy nearly 10 million dollars.

      • flavadave10 - Nov 2, 2012 at 8:50 PM

        I’m leaning towards the Angels winning this trade because of that. They were going to buy out his option anyway. Marmol’s a nice bounce-back candidate.

      • mikefoxtrot - Nov 2, 2012 at 9:19 PM

        it’s not a big deal for the Angels. they gave up a better pitcher in Haren for Marmol and the Angels didn’t get any better.

        a million here or there doesn’t make much difference to the Angels, and they’re quite light in starters if they don’t sign Greinke.

      • fantasymoney - Nov 3, 2012 at 12:29 AM

        Who’s to say that the Angels would definitely buy out Haren instead of kicking in the option at 15.5M? I know that they don’t want this to be option A, thus they are trying to work out a deal. But taking on Marmol at 9.8M and paying all or part of the 3.5M that would have been the buyout is silly to me. If Haren has a hot April-June next year, wouldn’t he be looking for a multiyear deal in that salary range anyway? If the Angels wanted to resign him, they could negotiate or he could be a valuable trade chip at the deadline next year to fill other needs. Even this strategy would make more sense to me than to trade for Carlos frickin’ Marmol and pay the Cubs 3.5M on top. Frieri looked good to me this past season. He cracked a bit later in the season, but he struck out guys at a crazy rate.

  4. Lukehart80 - Nov 2, 2012 at 9:16 PM

    AHHHH!!!

    If the Angles were willing to trade Haren AND pay $3.5 million towards his 2013 salary for Marmol, why didn’t the Indians offer Chris Perez?!

  5. andreweac - Nov 2, 2012 at 9:18 PM

    @DCameronFG: Carlos Marmol side by side Jose Veras, a reliever so valuable MIL just outrighted him to AAA. Gotta love saves. http://t.co/bOeUYoFO

  6. 13arod - Nov 2, 2012 at 9:48 PM

    stupied trade by anglels carlos wasn’t good the last 2 years what were tgeyy thinking

  7. fantasymoney - Nov 2, 2012 at 11:03 PM

    I think this would be a terrible deal for the Angels. If they have to pay Marmol 9.8M plus fork over 3.5M towards Haren’s salary, that would be a total expense of 13.3M next season. To top it off, the Cubs would get Haren for only 12M next year. If Haren were to come back into form, he would be a valuable trade piece at the deadline next year…especially at that price. Who the heck would want Marmol for 13.3M? If the Angels are thinking of exercising Haren’s 15.5M option and paying 3.5M towards that, then they should be able to get something better than Marmol. Dan Haren for 12M should be enticing to a contender, in my opinion. I think the Angels could get a decent prospect or perhaps two, no? But Carlos Marmol? Uggh.

    • aarondommin - Nov 2, 2012 at 11:26 PM

      You aren’t understanding the specifics of the deal fantasymoney. If the trade goes through the Angels pickup Harens option of 15.5 mil and trade him to the Cubs. The cubs are then responsible for Harens salary. The Cubs send Marmol and his 9.8 mil salary to the Angels. The reason it makes sense for the Angels is because if they DON’T deal haren they will pay 3.5 mil to him to buy out his option. Then they have to sign a reliever and the going rate for a quality deliver has prove to be in the 6 million annual range (ie. Brandon league and Heath bell).

      • fantasymoney - Nov 2, 2012 at 11:53 PM

        Thank you sir, for clarifying. Much appreciated. Please help me understand further. In order for the Angels to trade Haren, they have to exercise the 15.5 million club option, correct? So that means his salary would be 15.5M next season? In the 8:15PM update in the article above it states that the Angels were willing to pay all or part of the 3.5M (to the Cubs) which would have been the amount they would have to pay to cut ties and make him a free agent, correct? So that means that the Cubs would pay Haren 12M and the Angels would pay Haren 3.5M to equal his total salary, right? Carlos Marmol makes 9.8M next season. As I said this would be a terrible deal for the Angels. I would rather pay Haren every nickel of 15.5M and take the risk that he returns to being his former dominant self that have to pay 13.3M to have Carlos Marmol on “my” team.

      • aarondommin - Nov 3, 2012 at 12:13 AM

        And I’m sure that’s why the deal fell apart. It’s a fair deal if the angels don’t throw the cubs the 3.5mil but if they have to throw that is to get the deal it makes zero financial sense

      • fantasymoney - Nov 3, 2012 at 12:42 AM

        Theo almost got away with a good one. Dipoto must have been taking an afternoon nap when the discussions began.

  8. thejjtrain - Nov 2, 2012 at 11:11 PM

    The deal falling through at the last minute seems so fitting for Marmol

    • deadeyedesign23 - Nov 2, 2012 at 11:36 PM

      Well done sir.

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