Carlos Pena re-signed with the Tampa Bay Rays Friday, for a reported 7.25 million.
embedly_twitter_3806723background:url(http:a3.twimg.comprofile_background_images383227695twitter_Heyman.jpg) 131516; padding:20px; embedly_twitter_3806723 pbackground:fff;padding:10px 12px 0px 12px;margin:0;min-height:48px;color:000;font-size:18px;line-height:22px;-moz-border-radius:5px;-webkit-border-radius:5px embedly_twitter_3806723 .embedly_tweet_contentbackground:fff;padding:10px 12px 10px 12px;margin:0;min-height:48px;color:000;font-size:18px !important;line-height:22px;-moz-border-radius:5px;-webkit-border-radius:5px embedly_twitter_3806723 p span.metadatadisplay:block;width:100;clear:both;margin-top:0px;height:40px; padding-bottom: 12px; embedly_twitter_3806723 p span.metadata span.authorline-height:15px;color:999;font-size:14px embedly_twitter_3806723 p span.metadata span.author aline-height:15px;font-size:20px;vertical-align:middle embedly_twitter_3806723 p span.metadata span.author imgfloat:left;margin:0 10px 0 0px;width:48px;height:48px embedly_twitter_3806723 p a color: 009999; text-decoration:none; embedly_twitter_3806723 p a:hovertext-decoration:underline embedly_twitter_3806723 .embedly_timestampfont-size:13px;display:inline-block;margin-top: 5px; embedly_twitter_3806723 .components-above span.embedly_timestampfont-size:10px;margin-top: 1px;line-height:12px embedly_twitter_3806723 a color: 009999; text-decoration:none; embedly_twitter_3806723 a:hovertext-decoration:underline embedly_twitter_3806723 .tweet-screen-name font-size: 14px; font-weight: bold; embedly_twitter_3806723 .tweet-full-name padding-left: 4px; color: 999; font-size: 12px; embedly_twitter_3806723 .tweet-actionsmargin-left: 10px;font-size:13px;display:inline-block;width:250px embedly_twitter_3806723 .components-above span.tweet-actionsfont-size:10px embedly_twitter_3806723 .controlsline-height:12px!important embedly_twitter_3806723 .tweet-actions a margin-left:5px embedly_twitter_3806723 .tweet-actions a bfont-weight:normal embedly_twitter_3806723 .components-above span.tweet-actions a bvertical-align:baseline;line-height:12px embedly_twitter_3806723 .components-above .tweet-textfont-size:13px;vertical-align:baseline embedly_twitter_3806723 .tweet-image float: left; width: 40px; embedly_twitter_3806723 .tweet-user-block-image float: left; width: 48px; height: 48px embedly_twitter_3806723 .tweet-row margin-left: 40px; margin-top: 3px;line-height: 17px; embedly_twitter_3806723 .tweet-user-block margin-left: -40px; embedly_twitter_3806723 .stream-item padding-bottom: 0px; margin-left: 12px; embedly_twitter_3806723 .simple-tweet-image img margin-top: 4px; embedly_twitter_3806723 .simple-tweet-content margin: 0 0 13px 0px; font-size: 14px; min-height:48px; embedly_twitter_3806723 .in-reply-to-border border-color: EBEBEB; border-style: solid; border-width: 1px 0 0; embedly_twitter_3806723 .in-reply-to-text margin-left: 4px; padding-left: 8px; padding-right: 10px; color: 999; font-size: 12px; embedly_twitter_3806723 .tweet-actions i background: transparent url(http:a2.twimg.coma1306889658phoeniximgsprite-icons.png) no-repeat;width:15px;height:15px;margin:0 4px -3px 3px;outline: none; text-indent:-99999px;vertical-align:baseline;display:inline-block;position:relative; embedly_twitter_3806723 .tweet-actions a.retweet-action i background-position:-192px 0; embedly_twitter_3806723 .tweet-actions a.reply-action i background-position:0 0; embedly_twitter_3806723 .tweet-actions a.favorite-action i background-position:-32px 0;@JonHeymanCBS
Jon Heyman carlos pena, rays agree to terms.
Jan 20 via webFavoriteRetweetReply
Pena, who hit 28 homers and drove in 80 runs last year for the Cubs, was offered arbitration this offseason coming off a one-year "pillow" contract. The Cubs spread out the 10 million they owed him over three fiscal years and still have roughly 3 million left, according to several reports.
Had Pena, a Type B free agent, accepted arbitration, he would have likely earned around 10 million again, something the Cubs did not want.
Instead, Pena's deal with the Rays gives the Cubs a sandwich pick in between the first and second rounds in the upcoming June amateur draft. This follows a practice Theo Epstein was famous for in Boston -- letting Type A or B free agents walk to receive compensatory draft picks.
Pena reportedly wanted to go back to the Rays, who desperately needed another bat at first base or DH. This is a win for all involved.