Cubs trade Feldman, Clevenger to Orioles for Arrieta, Strop, and international bonus money

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Trading season is officially upon us, as Keith Law of ESPN.com reports that the Cubs have traded right-hander Scott Feldman and catcher Steve Clevenger to the Orioles for right-hander Pedro Strop, right-hander Jake Arrieta, and about $400,000 in international signing bonus slot amount.

It’s tough to have a good feel for how valuable the international bonus money tranfer is because there’s no real history of it to analyze, but for a rebuilding team like the Cubs anything that allows them to bring in more young talent certainly makes sense.

Feldman pitched well for Chicago, starting 15 games with a 3.46 ERA, and Baltimore was clearly in the market for veteran rotation help. It’s also worth noting that the Cubs signed Feldman to a one-year, $7 million deal as a free agent back in November, so they turned a modest short-term investment into what they hope will be some long-term value.

Arrieta was once a top prospect, but he’s been terrible in various big-league stints with a 5.46 ERA in 358 innings and is now 27 years old. Any notion of him developing into a top-of-the-rotation arm is probably long gone, but he may still be a useful starter or an interesting bullpen project. Strop figures to step into the Cubs’ bullpen in a middle relief role, where he’ll probably continue to struggle with control while flashing occasionally dominant raw stuff.

It’s an interesting trade, as the Cubs signed Feldman on the cheap and then flipped him for a former top prospect and a hard-throwing reliever, plus the ability to spend more on international prospects. Meanwhile, for the Orioles they obviously gave up on Arrieta ever living up to his potential and Strop was pretty expendable in the grand scheme of things, so they added a decent starter in Feldman for the second half without having to dip into their farm system.

Colby Rasmus could start 2017 on the disabled list

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Colby Rasmus isn’t ready to take outfield reps just yet. According to Rays’ manager Kevin Cash, that’s a red flag, one that could potentially postpone Rasmus’ debut as the club’s designated hitter and outfielder in 2017. Marc Topkin of the Tampa Bay Times reports that Rasmus will need to prove he can play a defensive position before getting cleared for the active roster, something which the veteran outfielder has yet to do this spring.

Rasmus, 30, signed a one-year, $5 million deal with the Rays following his two-year run with the Astros. He batted a meager .206/.286/.355 with 15 home runs and a .641 OPS in 2016 and was shut down in late September with an unspecified hip/groin issue. Entering the 2017 season, he’s expected to work his way back to a full-time role after undergoing surgery to repair his core muscle and left hip labrum last October.

The Rays also finalized their one-year, $1.2 million deal with catcher Derek Norris on Saturday and will need to clear room for him on the 40-man roster. Topkin speculates that the move could send Rasmus to the 60-day disabled list, though the outfielder is not projected to miss more than a couple weeks of the regular season.

Report: Rangers agree to six-year extension with Rougned Odor

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The Rangers have reportedly agreed to a six-year, $49.5 million extension for second baseman Rougned Odor, according to Jon Heyman of FanRag Sports and Evan Grant of the Dallas Morning News. The extension comes with a club option for a seventh year, Heyman adds.

It’s close to the six-year, $52.5 million extension Jason Kipnis netted with the Indians in 2014, a sum Odor was rumored to be seeking during contract negotiations over the last two years. Granted, the circumstances are a little different this time around. Both players signed extensions on the cusp of their fourth year in the major leagues, but at 27 years old, Kipnis was coming off of an All-Star campaign and a career-high 4.5 fWAR performance. Odor, meanwhile, saw mixed results in 2016, batting 33 home runs and putting up 2.0 fWAR while struggling to stay consistent at the plate and exhibiting poor defense.

According to MLB.com’s T.R. Sullivan, Odor previously agreed to a $563,180 salary for 2017. Depending on when the extension kicks in, it should cover all three of Odor’s arbitration-eligible seasons and two seasons of potential free agency. The team has yet to confirm the extension.