Drew Pomeranz switches from Indians to Rockies to complete Ubaldo Jimenez trade

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Drew Pomeranz was always the centerpiece of the four-prospect package heading from the Indians to the Rockies for Ubaldo Jimenez, but because the 2010 first-round pick wasn’t eligible to be traded on July 31 he was officially included as a “player to be named later.”

Today marks the one-year anniversary of Pomeranz signing with the Indians, which means he’s eligible to be traded and officially became Rockies property, naturally announcing the move via Twitter.

Pomeranz has spent the past two weeks in PTBNL limbo, remaining with the Indians while not actually pitching in any games because they were basically just holding him for the Rockies. Now he’ll report to Double-A Tulsa after the No. 5 pick in last year’s draft posted a 1.98 ERA and 112/38 K/BB ratio in 91 innings between high Single-A and Double-A before the trade.

Cubs sign Drew Smyly to a two-year, $10 million contract

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The Cubs announced on Tuesday evening that the club signed pitcher Drew Smyly to a two-year contract. Ken Rosenthal of The Athletic reports the contract is for $10 million total and allows Smyly to earn another $7 million with performance bonuses. Smyly was non-tendered by the Mariners at the beginning of the month and became a free agent.

Smyly, 28, underwent season-ending Tommy John surgery in late June. He’s expected to miss, at minimum, the first half of the 2018 season. The Cubs are hoping he can contribute to a playoff push in the latter half of the season as well as in 2019.

Smyly didn’t pitch at all in 2017. When he was healthy the season prior, he made 30 starts for the Rays and put up a 4.88 ERA and a 167/49 K/BB ratio in 175 1/3 innings.