Dan Haren AP

UPDATE: The Dan Haren-for-Carlos Marmol swap is not happening

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UPDATE: Oh boy. Patrick Mooney of CSNChicago.com was told by a source that the deal is off.

Ken Rosenthal of FOXSports.com hears that Carlos Marmol would have signed off on the trade, but the Cubs pulled the deal off the table for some reason. It could be because of the money involved or the medicals or maybe because Theo Epstein felt bad for pulling a fast one on Dipoto. In any case, the Angels are now talking to other teams and must decide by midnight ET whether to exercise Haren’s $15.5 million option for 2013. They could hypothetically pick up the option and trade him at a later date.

9:43 PM: As Ken Rosenthal of FOXSports.com notes, the hold-up isn’t because the Angels got cold feet, but rather because the Cubs are waiting on Carlos Marmol to waive his no-trade clause. If he agrees to join the Angels, Dan Haren will go to the Cubs.

This is a strange development, as Marmol’s comments to Dominican newspaper El Caribe earlier tonight (via Alden Gonzalez of MLB.com) made it sound like he was on board and the trade was a foregone conclusion. Apparently not.

9:30 PM: Ken Rosenthal of FOXSports.com is also hearing that the deal isn’t done and that the Angels continue to talk to other teams. The clock is ticking, though.

8:53 PM: Hold your horses, everybody. According to Alden Gonzalez of MLB.com, reports of a deal are premature and the Angels are still in active discussions with more than one team.

For what it’s worth, Mike DiGiovanna of the Los Angeles Times writes that one potential hold-up of the trade is that the Angels and Cubs are waiting for approval from MLB because of the money being exchanged. In other words, don’t assume this deal is dead. Still, this could be a long night.

8:15 PM: Ken Rosenthal of FOXSports.com writes that the Angels could contribute all or part of Haren’s $3.5 million buyout. Wait, shouldn’t the Cubs be covering part of Marmol’s salary here? Epstein may have pulled a heck of a Jedi mind trick on Jerry Dipoto.

7:59 PM: Dan Haren said earlier this week that he expected to be traded before tonight’s midnight deadline on his $15.5 million club option for 2013. Not only is he being traded, but there’s an interesting twist involved.

Gordon Wittenmyer of the Chicago Sun-Times and Bruce Levine of ESPN Chicago are reporting that the Angels have traded Haren to the Cubs for Carlos Marmol. Yancen Pujols was first to report that Marmol was involved in a trade.

No word yet on how much money will exchange hands or if other players will be involved. Marmol is set to make $9.8 million next season. Meanwhile, the Angels were prepared to buy out Haren’s option for $3.5 million if they couldn’t find a trade partner.

Getting Haren is a major coup for Theo Epstein and company, even coming off a down season where he posted a 4.33 ERA over 30 starts while showing diminished velocity and dealing with a back issue. If he can rebound, the Cubs could flip him for a pretty nice haul at the trade deadline next year.

As for Marmol, the erratic right-hander is coming off a season where he posted a 3.42 ERA, 20 saves and a 72/45 K/BB ratio over 55 1/3 innings. Most expected the Angels to be in the market for a closer this offseason, but that may no longer be the case with Marmol and Ernesto Frieri in-house. That would take away one potential destination for Rafael Soriano.

Cubs, Jake Arrieta to discuss contract extension in January

CHICAGO, IL - AUGUST 29: Jake Arrieta #49 of the Chicago Cubs scratches his beard as he walks back to the dugout at the end of sixth inning after giving up a three run home run to Gregory Polanco #25 of the Pittsburgh Pirates (not pictured) at Wrigley Field on August 29, 2016 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Per ESPN’s Jesse Rogers, Jake Arrieta‘s agent Scott Boras says they’ll discuss a potential contract extension with the Cubs when they meet in January to hammer out arbitration figures.

Arrieta, 30, is entering his third and final year of arbitration eligibility after earning $10.7 million in 2016. The right-hander followed up his Cy Young Award-winning 2015 campaign by going 18-8 with a 3.10 ERA and a 190/76 K/BB ratio in 197 1/3 innings during the regular season. Arrieta pitched well in the postseason, helping the Cubs win their first World Series since 1908.

While Boras clients tend to go to free agency, it’s not always the case. Stephen Strasburg inked a seven-year, $175 million extension with the Nationals earlier this year.

Report: Koji Uehara close to signing with the Cubs

BOSTON, MA - OCTOBER 10:  Koji Uehara #19 of the Boston Red Sox pitches in the eighth inning against the Cleveland Indians during game three of the American League Divison Series at Fenway Park on October 10, 2016 in Boston, Massachusetts.  (Photo by Maddie Meyer/Getty Images)
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Evan Drellich of the Boston Herald reports, citing a source as well as Nikkan Sports, that reliever Koji Uehara is close to signing a one-year, $4.5 million deal with the Cubs.

Uehara, 41, finished the 2016 season with a 3.45 ERA and a 63/11 K/BB ratio over 47 innings. He missed some time in the second half with a strained right pectoral muscle. When Uehara returned from the disabled list on September 7, he tossed 11 scoreless innings with 12 strikeouts and two walks through the end of the regular season. So there’s at least some evidence, albeit in a very small sample size, that Uehara has stuff left in the tank.

The Cubs recently acquired closer Wade Davis from the Royals. Uehara would join Hector Rondon, Pedro Strop, Carl Edwards, Jr., Justin Grimm, and Mike Montgomery in what is once again a very deep bullpen.