UDPATE: Cubs and Reds “close” to trade involving Sean Marshall and Travis Wood

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UPDATE: Bruce Levine of ESPNChicago reports that the deal is “close” and that the Cubs would receive two minor-leaguers along with Wood.

10:29 PM ET: The Reds landed Mat Latos in a blockbuster deal over the weekend, but they aren’t done on the trade front.

Ken Rosenthal on FOXSports.com reports that they are currently discussing a deal with the Cubs for left-hander Sean Marshall. Chicago is said to be eyeing left-hander Travis Wood, a pitcher who intrigued team president Theo Epstein when he was general manager of the Red Sox last season. It’s not known what other players might be in the deal.

Marshall has emerged as one of the best relievers in the game over the past two seasons, posting a quality 2.45 ERA and 169/42 K/BB ratio over 150 1/3 innings while handling righties and lefties with nearly equal aplomb. The 29-year-old left-hander is due $3.1 million next season before hitting free agency.

Wood had a disappointing 4.84 ERA in 18 starts and four relief appearances at the major league level this past season, but showed plenty of promise when he posted a 3.51 ERA and 86/26 K/BB ratio over 102 2/3 innings as a rookie in 2010. The 24-year-old southpaw doesn’t throw all that hard and profiles as a fly ball pitcher, but this is a pretty good time to attempt to buy low.

U.S. Court of Appeals affirms ruling that the minor leagues are exempt from federal antitrust law

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The Associated Press reported that on Monday, the U.S. Court of Appeals for the 9th Circuit affirmed a district court ruling which holds that the minor leagues are exempt from federal antitrust law, just like the major leagues.

In 2015, four minor leaguers sued Major League Baseball, alleging that MLB violated antitrust laws with its hiring and employment policies. They accused MLB of “restrain[ing] horizontal competition between and among” franchises and “artificially and illegally depressing” the salaries of minor league players.

The U.S. Court of Appeals said the players failed to state an antitrust claim, as the Curt Flood Act of 1998 exempted Minor League Baseball explicitly from antitrust laws.

This case is separate from the Aaron Senne case in which Major League Baseball is accused of violating the Fair Labor Standards Act. That case was recertified as a class action lawsuit in March. In December, Major League Baseball established a political action committee (PAC), which came months after two members of Congress sought to change language in the FLSA so that minor league players could continue to be paid substandard wages.

Rockies place Carlos Gonzalez and Tyler Anderson on the disabled list

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The Rockies announced on Monday that outfielder Carlos Gonzalez and pitcher Tyler Anderson were placed on the 10-day disabled list. The club activated reliever Chad Qualls from the disabled list and recalled reliever Jairo Diaz from Triple-A Albuquerque.

Gonzalez, 31, is dealing with a strained right shoulder. He’s in the midst of his worst season, batting .221/.300/.348 with six home runs and 20 RBI in 277 plate appearances. Gonzalez is a free agent after the season and has been commonly brought up in trade discussions, but his latest injury and underwhelming season will make it difficult for the Rockies to get anything meaningful in return this summer.

Anderson, 27, has inflammation in his left knee. He dealt with a knee problem earlier this season, so the injury seems to have been reaggravated. The lefty has an ugly 6.11 ERA with a 63/23 K/BB ratio in 63 1/3 innings this season.

Qualls, 38, went on the disabled list earlier this month with back spasms. He had previously been dealing with forearm inflammation, so it’s been a rough year for the veteran. He is carrying a 4.60 ERA with a 9/5 K/BB ratio in 15 2/3 innings.

Diaz, 26, hasn’t appeared in the majors since 2015. He has appeared in only eight games at Triple-A as he opened the season on the disabled list after undergoing Tommy John surgery last year. So far, Diaz has allowed three earned runs on seven hits and two walks with nine strikeouts in 7 2/3 innings.