Cubs among teams to submit bids on Korean left-hander Ryu Hyun-Jin

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UPDATE: Phil Rogers of the Chicago Tribune reports that the Cubs were among the teams who submitted a bid. The Hanwha Eagles have four business days to decide whether they are going to accept the highest bid.

7:42 PM: We learned early last week that the Hanwha Eagles of the Korea Baseball Organization were planning to post left-hander Ryu Hyun-Jin for MLB teams. We may soon find out who had the winning bid.

According to Evan Grant of the Dallas Morning News, bids for Hyun-Jin were due by 5 p.m. ET today. While Grant doesn’t have confirmation, he believes the Rangers may have made a bid.

The Eagles have the right to accept or decline the bid, as Hyun-Jin can’t leave Korea as an outright free agent until 2014. If they accept, Hyun-Jin will have the opportunity to negotiate a contract with the winning team. He has already hired Scott Boras to represent him, which puts an interesting wrinkle in the proceedings. Assuming a contract is eventually worked out, the Eagles will then receive the posting fee.

Hyun-Jin, 25, has been one of the best starters in KBO since winning the Rookie of the Year and MVP in the same season as a teenager. He’s not a hard-thrower, mostly sitting in the high-80s to low-90s (pitch data courtesy of MyKBO.net), but his changeup is considered a quality pitch.

Angels acquire Jabari Blash from the Yankees

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The Yankees announced on Wednesday that the club traded outfielder Jabari Blash to the Angels in exchange for a player to be named later or cash considerations.

Blash, 28, was acquired by the Yankees from the Padres back in December in the Chase Headley trade. In trading Blash to the Angels, the Yankees were able to free up a spot on the 40-man roster for Brandon Drury, the infielder they acquired as part of a three-team trade with the Diamondbacks and Rays on Tuesday.

Over parts of two seasons in the majors, Blash has hit an underwhelming .200/.323/.336 in 279 plate appearances. He will try to play his way into a bench role for the Angels this spring.