Marmol to Dodgers for Guerrier, July 2 Slot Madness Ensues

[Guest]

hopefully, in 3 years jimenez is miguel sano and we're all like LOL REMEMBER WHEN WE WERE MAD ABOUT TRADING FELDMAN AND TORREYES SO WE COULD SIGN HIM GUISE

[Hairyducked Idiot]

Wow, I kind of hate trading a 20 year old that had more BB than K at AA for $800K worth of slot machines.

 

Yeah, that's *way* too much. Torreyes is the prospect you hope your 2nd or 3rd best IFA guy turns into.

 

It really feels like we overpromised and misread the IFA pool trade market and are now getting bent over (relatively speaking, I mean it's still just Torreyes).

[Hairyducked Idiot]

hopefully, in 3 years jimenez is miguel sano and we're all like LOL REMEMBER WHEN WE WERE MAD ABOUT TRADING FELDMAN AND TORREYES SO WE COULD SIGN HIM GUISE

 

There were a variety of ways we could have gotten him without these trades.

[Guest]

hopefully, in 3 years jimenez is miguel sano and we're all like LOL REMEMBER WHEN WE WERE MAD ABOUT TRADING FELDMAN AND TORREYES SO WE COULD SIGN HIM GUISE

 

There were a variety of ways we could have gotten him without these trades.

 

i realize this. hindsight has a way of making things seem all better sometimes, though.

[Rob]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

[Hairyducked Idiot]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I saw somewhere in the madness that is my Twitter stream right now that we're sending some money with Marmol, like $2m or something.

[Neuby]

Torreyes hasn't been hitting and thats his only tool. Castro,Barney, Baez, Alcantara, Watkins, Lake, and the young shortstop we just signed are all depth. We dealt from a strength and from all indications are going to use this cap money to land a potential impact talent for our system.

[Tangled Up in Plaid]

Let's trade everyone else today too.

[Andy]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I saw somewhere in the madness that is my Twitter stream right now that we're sending some money with Marmol, like $2m or something.

Yes, Yahoo's Tim Brown says we're sending 2M with Marmol, although none of the Cubs' reporters I follow have mentioned it.

[TheDude]

Is there a sticky already on the meaning of the IFA pools? Or can someone give the abstract? Without context it's impossible to even understand the value of trading a prospect for this pool money.

[jersey cubs fan]

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I would phrase that a little differently, since they are saving on 2013 major league payroll costs and only acquiring the right to spend more money on minor leaguers.

 

I wouldn't be surprised if part of the motivation for the trades was a need to shift expenses in that way.

[Rob]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I saw somewhere in the madness that is my Twitter stream right now that we're sending some money with Marmol, like $2m or something.

 

That sounds right. If we were saving about $3 mil on a guy we were going to cut in a couple days anyways, that would be crazy.

[Guest]

Is there a sticky already on the meaning of the IFA pools? Or can someone give the abstract? Without context it's impossible to even understand the value of trading a prospect for this pool money.

 

They created draft slot-like pools for four rounds of IFA money for every team. You can trade those slots, but a team cannot acquire more than half of their original total pool. The four rounds plus an additional $700,000 (which can't be traded) represents each team's cap on international bonus spending for the period of 7/2/13 - 6/15/14.

 

Link of each slot's value and a better explanation from BA: http://www.baseballamerica.com/international/2013-2014-international-bonus-slots/

[Neuby]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I saw somewhere in the madness that is my Twitter stream right now that we're sending some money with Marmol, like $2m or something.

 

That sounds right. If we were saving about $3 mil on a guy we were going to cut in a couple days anyways, that would be crazy.

 

Unless less I missed something we just saved 2.5 million on the Marmol Deal. I read we sent 2.5 mil to the dodgers with Marmol. He is owed 5mil for the rest of this season.

[jersey cubs fan]

Feldman's salary is $6,000,000 this year plus $1,000,000 in incentives (unknown whether he'll reach them, but it's likely we don't have to pay)

Marmol's salary is $9,800,000 this year.

Clevenger's salary is $496,000 this year.

 

Guerrier's salary is $3,750,000 this year. He had a $3 signing bonus to be paid in four installments from 2011-2014 (unknown who is on the hook for that)

Arrieta's salary is $516,500 this year.

Strop's salary is $502,500 this year.

 

I'm not sure how these deals are prorated. But if we just say we're at about half the way through the season, we saved about $5,750,000 in salary commitments the rest of the way (depending on who pays Guerrier's bonus). That's in addition to the over $900,000 we got in international bonus pool money.

 

I saw somewhere in the madness that is my Twitter stream right now that we're sending some money with Marmol, like $2m or something.

 

That sounds right. If we were saving about $3 mil on a guy we were going to cut in a couple days anyways, that would be crazy.

 

Unless less I missed something we just saved 2.5 million on the Marmol Deal. I read we sent 2.5 mil to the dodgers with Marmol. He is owed 5mil for the rest of this season.

 

And they took back a guy owed a little under $2m.

[jersey cubs fan]

Yes, Yahoo's Tim Brown says we're sending 2M with Marmol, although none of the Cubs' reporters I follow have mentioned it.

 

Paul Sullivan retweeted it.

[Hairyducked Idiot]

Unless less I missed something we just saved 2.5 million on the Marmol Deal. I read we sent 2.5 mil to the dodgers with Marmol. He is owed 5mil for the rest of this season.

 

And they took back a guy owed a little under $2m.

 

So we got a few hundred thousand in salary relief *and* sent the Dodgers a few hundred K in IFA pool money.

 

That doesn't sound good to me.

[Rob]

Cubs get:

- Jake Arrieta

- Pedro Strop

- Matt Guerrier

- $963,100 in International Bonus Pool money (total)

 

Cubs lose:

- Scott Feldman (to BAL)

- Carlos Marmol (to LAD)

- Steve Clevenger (to BAL)

- Ronald Torreyes (to HOU)

 

Is the only part of Marmol's contract we're paying the #4 slot? If so, we saved a truckload of money in these deals.

 

Edit:

 

Didn't realize Guerrier was that expensive.

 

I got $999,100 in bonus money.

 

$273,200 + $150,900 (Baltimore 3 & 4) + $468,400 + $316,300 (Houston 2 & 3) - $209,700 (Cubs 4 to LA).

 

I wonder if the Cubs get a 5% overage on acquired pools too.

 

Yours looks right. I probably typo'd somewhere.

 

Edit:

 

Nevermind. MLBTR is saying $963,100 too.

Edited July 2, 2013 by Rob

[Guest]

I wasn't happy with the Feldman return. Have no idea why we didn't just cut Marmol instead of giving up a small IFA piece. But I HATE giving up Torreyes for a relatively small amount of IFA space. Hell, even after these moves I'm not sure we have enough IFA money left to get Jimenez and Moreno without still paying the damn penalty next year. The only potential bright spot I see is it opens 2B up for Alcantara and SS for Baez at Tennessee. But they could have figured that out without dealing Torreyes. [expletive].

 

The Feldman return is the thing I'm least happy about. Given the choice between Torreyes and 600k in IFA money(plus several mil saved on Marmol's deal), I'm pretty ambivalent. If that money is put towards someone who they believe in(and obviously has a greater ceiling than Torreyes) and it seems like it is, then that's an okay deal for me, if a bit odd. I think Torreyes' value is a bit distorted here. He didn't make BA's Top 30 before the season. He has no defensive, positional, power, or speed value. He had one thing, a great hit tool, and that has abandoned him at higher levels. He's closer to MiLB roster fill than he is to being an MLB starter.

[davell]

Yeah, even if I can rationalize the Feldman and Torreyes deals, I've got nothing for sending the Dodgers IFA money in a Marmol/Guerrier swap. I couldn't give two shits about saving payroll, when our payroll is already squarely in the middle of the pack.

[Hairyducked Idiot]

Yeah, even if I can rationalize the Feldman and Torreyes deals, I've got nothing for sending the Dodgers IFA money in a Marmol/Guerrier swap. I couldn't give two [expletive] about saving payroll, when our payroll is already squarely in the middle of the pack.

 

Maybe we're so strapped for cash and poor now that we had to save money in the deal in order to actually pay for all these IFAs we are signing.

[Guest]

I wasn't happy with the Feldman return. Have no idea why we didn't just cut Marmol instead of giving up a small IFA piece. But I HATE giving up Torreyes for a relatively small amount of IFA space. Hell, even after these moves I'm not sure we have enough IFA money left to get Jimenez and Moreno without still paying the damn penalty next year. The only potential bright spot I see is it opens 2B up for Alcantara and SS for Baez at Tennessee. But they could have figured that out without dealing Torreyes. [expletive].

 

The Feldman return is the thing I'm least happy about. Given the choice between Torreyes and 600k in IFA money(plus several mil saved on Marmol's deal), I'm pretty ambivalent. If that money is put towards someone who they believe in(and obviously has a greater ceiling than Torreyes) and it seems like it is, then that's an okay deal for me, if a bit odd. I think Torreyes' value is a bit distorted here. He didn't make BA's Top 30 before the season. He has no defensive, positional, power, or speed value. He had one thing, a great hit tool, and that has abandoned him at higher levels. He's closer to MiLB roster fill than he is to being an MLB starter.

 

Pundits seem to be neutral to positive on the Cubs side of the trade, which is weird, because I'm not happy with it either. Maybe we just expected too much out of Feldman.

[mul21]

Yeah, even if I can rationalize the Feldman and Torreyes deals, I've got nothing for sending the Dodgers IFA money in a Marmol/Guerrier swap. I couldn't give two [expletive] about saving payroll, when our payroll is already squarely in the middle of the pack.

 

Maybe we're so strapped for cash and poor now that we had to save money in the deal in order to actually pay for all these IFAs we are signing.

 

That's really about the only thing that makes sense and the $500K saved in the Marmol deal is needed to get all the deals done. Really sucks if that's true, but hopefully if it is the renovations approval will make it all go away.

[Hairyducked Idiot]

Pundits seem to be neutral to positive on the Cubs side of the trade, which is weird, because I'm not happy with it either. Maybe we just expected too much out of Feldman.

 

Pundits are stupid.

[davell]

Yeah, even if I can rationalize the Feldman and Torreyes deals, I've got nothing for sending the Dodgers IFA money in a Marmol/Guerrier swap. I couldn't give two [expletive] about saving payroll, when our payroll is already squarely in the middle of the pack.

 

Maybe we're so strapped for cash and poor now that we had to save money in the deal in order to actually pay for all these IFAs we are signing.

Ricketts=McCourt basically? With the forethought to at least have a competent FO.