Cubs

Cubs, Boras and the art of the Pena deal

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Cubs, Boras and the art of the Pena deal

Wednesday, Dec. 8, 2010
Posted 9:13 AM Updated 8:11 PM

By Patrick Mooney
CSNChicago.com

LAKE BUENA VISTA, Fla. - Ideally the Cubs wanted a left-handed first baseman to hit for power and improve their overall defense. They needed someone who would make a short-term commitment and be flexible enough to fit within their budget.

From the start, Carlos Pena matched that description. And during a series of meetings this week at the Swan and Dolphin resort, Cubs general manager Jim Hendry and agent Scott Boras reached an agreement in which neither side is exposed to too much risk.

They finalized a one-year deal worth 10 million in a negotiation that stretched from late Tuesday night into early Wednesday morning. Pena received multi-year offers elsewhere, and said he heard interest from the Nationals, Braves, Mariners, Orioles and Blue Jays.

Pena, who studied engineering at Northeastern University, analyzed the chance to become a free agent all over again after the final out of the 2011 World Series.

"This was the perfect fit for me," Pena said Wednesday at a news conference. "I also like the fact that this is a platform year for me (to) come in, be part of a great organization (and) have the opportunity to just go out there and play my game.

"Who knows? After a great season, then the future will look even brighter."

The contract was structured so that the money is spread over 13 months and 5 million will come in January 2012 to give the Cubs some financial flexibility. Pena received multi-year offers elsewhere, and said he heard interest from the Nationals, Braves, Mariners, Orioles and Blue Jays.

The Cubs are betting that Pena's offensive numbers last season in Tampa Bay were an aberration and not - at the age of 32 - the beginning of a sharp decline.

Pena hit .196 with a .325 on-base percentage, though his 28 homers and 84 RBI would have led the Cubs in both categories. Pena knows Rudy Jaramillo well from their days together in the Rangers organization, and they hope the hitting coach can help fix his swing.

"When you look at collectively over a four-year window - (the) power numbers, the RBIs, the walks and the defense - it's a package that's still appealing," Hendry said.

Pena has a reputation as a good defender - he won a Gold Glove in 2008 - and that should help a Cubs team that finished last in the National League in fielding percentage. Pena averaged 39 homers and 108 RBI per season between 2007 and 2009, but he entered free agency off a down year.

Boras negotiated Jayson Werth's seven-year, 126 million score, which had heads spinning at the winter meetings. But the powerful agent has also shown that he's willing to get a client a one-year deal to restore market value and position himself for the next big contract.

Adrian Beltre became the premise to this deal. Last offseason Beltre turned down a long-term offer from the A's to play one year with the Red Sox for 10 million. Beltre hit .321 with 28 homers and 102 RBI and established himself as one of this winter's most coveted free agents.

"(This) really had all the flavor of what we call a 'pillow contract'," Boras said. "There's a lot of comforts. It's a one-year situation. It's a dynamic that you can't really expect the marketplace to address - the values of Carlos' ultimate abilities (and) the issues of what happens to major-league players during every career. That is, they have seasons where they have maladies that arise in the short term."

That is how Boras talks, and reporters surrounded him for nearly an hour after the Pena announcement to ask questions about other players he represents. It is a long way of saying it will either work out or it won't.

They'll give a year to find out. Pena - who said he's 100 percent healthy and called the plantar fasciitis that limited him last season a "non-issue" - feels his fortunes are about to turn.

"I don't tend to look back on my failures and dwell upon them," Pena said. "All of those difficulties have made me stronger and a better player (and) a better man."

Patrick Mooney is CSNChicago.com's Cubs beat writer. Follow Patrick on Twitter @CSNMooney for up-to-the-minute Cubs news and views.

Cubs Talk Podcast: Where do Cubs go from here with Jake Arrieta, Wade Davis?

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USA TODAY

Cubs Talk Podcast: Where do Cubs go from here with Jake Arrieta, Wade Davis?

In the latest CubsTalk Podcast, Kelly Crull and David Kaplan look ahead to Thanksgiving and discuss the official coaching hires for the Cubs.

They also talk about where the Cubs go from here with Jake Arrieta and Wade Davis, whether Alex Cobb could factor into the rotation plans and Kap goes off on the 11:30 a.m. Opening Day start time.

Check out the entire podcast here:

NBC Sports Chicago to deliver a Chicago baseball Thanksgiving Day marathon

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NBC Sports Chicago to deliver a Chicago baseball Thanksgiving Day marathon

15-straight hours of “Classic” Cubs and White Sox full game replays from the 2017 season gets underway at 9:00 AM CT

NBC Sports Chicago live stream available 24/7 on NBCSportsChicago.com/WatchLive  or via the NBC Sports app

Chicago, IL (November 21, 2017) -- NBC Sports Chicago, the multi-platform home for the most games and most comprehensive coverage of the Chicago Blackhawks, Bulls, Cubs and White Sox, will provide its viewers with a special 15-hour Thanksgiving Day marathon featuring four, thrilling “Classic” games from this past Cubs & White Sox season beginning this Thursday, November 23 at 9:00 AM CT. 

NBC Sports Chicago will also live stream this Classic games marathon to authenticated NBC Sports Chicago subscribers on NBCSportsChicago.com/WatchLive or via the NBC Sports app.  NOTE: MLB game replays will only be made available to those viewers within NBC Sports Chicago’s regular MLB viewing territory.

Note NBC Sports Chicago’s Thanksgiving Day Cubs & White Sox “Classics” game marathon line-up below (all times Central Time):

THANKSGIVING DAY - THURSDAY, NOVEMBER 23

9:00 AM“White Sox Classics: White Sox vs. Houston (from August 10) – The future most certainly looked bright on the southside in this match-up as the White Sox defeated the eventual World Series champs, thanks in part to some 9th/extra-inning heroics from team’s highly-touted future cornerstone, Yoan Moncada.

12:30 PM“Cubs Classics: Cubs at Milwaukee (from September 21) – In one of their most exciting victories of the season, the Cubs were down 3-2 in the top of the ninth (not to mention being down to their last strike), but second baseman Javy Baez came through with a clutch RBI single to force extra innings, which was then followed by reigning NL MVP Kris Bryant crushing the Brew Crew’s hopes for division contention with a two-run blast in the 10th.

4:30 PM“White Sox Classics: White Sox at Detroit (from September 14) – The bats were indeed alive as the White Sox belted out 25 hits (a White Sox personal best total since 1981) featuring some impressive firepower courtesy of its top three stars: Avisail Garcia (5-5, HR, 7 RBI), Yoan Moncada (4-5, HR), and Jose Abreu (4-5, 2 RBI).

8:00 PM“Cubs Classics: Cubs at St. Louis (from September 27) – The Cubs clinched their second-straight NL Central Division title with all five of their runs coming in the 7th inning, which included shortstop Addison Russell’s GW three-run shot.  NOTE: Immediately following this “Cubs Classics” game (approx. 10:55 PM), fans can look forward to a replay of “Cubs Postgame Live” that featured the team’s NL Central Division-clinching locker room celebration.

REMINDER: NBC Sports Chicago/NBCSportsChicago.com/NBC Sports app will carry live coverage of all eight Illinois High School Association (IHSA) Football State Championship games this weekend (all in HD) beginning with the Class 1A title game Friday morning (Nov. 24) at 10:00 AM and all the way through to the Class 8A battle between area preps powerhouses Lincoln-Way East (13-0) vs. Loyola Academy (12-1) on Saturday night (Nov. 25) at 7:00 PM on NBC Sports Chicago+.  Fans are urged to visit NBCSportsChicago.com/preps for full coverage and precise channel location/live streaming details.