Rangers acquire Matt Garza from Cubs for Mike Olt, C.J. Edwards, and Justin Grimm

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UPDATE: Rosenthal now says it’s a done deal, with the Cubs sending Garza to the Rangers for Triple-A third base prospect Mike Olt, Single-A pitching prospect C.J. Edwards, MLB right-hander Justin Grimm, and a player to be named later.

Olt was a consensus top-50 prospect coming into the season and Edwards has been unbelievably good at Single-A as a 21-year-old, so regardless of what you think of Grimm’s mid-rotation potential that’s a damn good haul for what’s essentially two months of Garza. And the Rangers have added a frontline starter for a potential playoff run.

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With trade rumors swirling Cubs manager Dale Sveum was asked yesterday if Matt Garza would still be around to make his scheduled start tonight and replied: “I’d say 100 percent he’s going to be pitching.”

Sveum then immediately put into question his concept of “100 percent” by adding that “if we get a phone call and something changes, that’s the way it is.” And apparently that’s exactly what happened, because Ken Rosenthal of FOXSports.com reports that Garza will not start for the Cubs tonight and the long-rumored trade to the Rangers is finally “near.”

Rockies acquire Zac Rosscup from Cubs

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The Rockies announced a minor swap of relief pitchers on Monday evening. The Cubs sent lefty Zac Rosscup to the Rockies in exchange for right-hander Matt Carasiti.

Rosscup, 29, was designated for assignment by the Cubs last Thursday. He spent only two-thirds of an inning in the majors this year and has a 5.32 career ERA across 47 1/3 innings. Rosscup has spent most of the season with Triple-A Iowa, posting a 2.60 ERA in 27 2/3 innings.

Carasiti, 25, spent 15 2/3 innings in the majors last year, putting up an ugly 9.19 ERA. With Triple-A Albuquerque this season, he compiled a 2.37 ERA and a 43/13 K/BB ratio in 30 1/3 innings.

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.