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UPDATE: Rangers sell ballpark naming rights to Globe Life Insurance

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UPDATE: Nope, not a Korean company as many speculated. The naming rights are sold to Globe Life Insurance Company. So get used to people referring to Rangers home games taking place “at the Globe.”

6: 11 AM: Rangers Ballpark in Arlington is one of the more boringly-named stadiums in baseball. Boring is nice, of course. It’s worked fine for the Yankees and Dodgers for years. But it’s certainly not the norm anymore, especially for newer parks like the one the Rangers call home. And, starting this season, it won’t be the case for the Rangers either. They’re going to announce a naming rights partner today.

What will the park be called? The Dallas Morning News has an idea:

According to one baseball source, the Rangers had been talking with several Korean-based companies this winter, including electronics giant Samsung. The possibility of such a deal could only be enhanced by the presence of Korean-born outfielder Shin-Soo Choo.

I assume there is a big company in Korea named after the most common family name in Korea: Park. But I also assume that we’re not lucky enough to have something so awesome as Park Park. Which is a shame, really.

Report: Cubs have offered prospect Gleyber Torres to the Yankees for Aroldis Chapman

NEW YORK, NY - JULY 17:  Aroldis Chapman #54 of the New York Yankees delivers a pitch in the ninth inning against the Boston Red Sox at Yankee Stadium on July 17, 2016 in the Bronx borough of New York City.  (Photo by Elsa/Getty Images)
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Rian Watt of Baseball Prospectus is hearing that a trade that would send Aroldis Chapman to the Cubs involves prospect Gleyber Torres and more going to the Yankees. He adds that the holdup in the trade talks is centered around a contract extension for Chapman, believed to be around four years in length and $60 million total. The deal may not be finalized if the Cubs don’t get him signed to an extension they like. In Watt’s words, “Package is set. Extension is not.”

We learned earlier on Sunday that the Yankees were working hard to trade Chapman, reportedly in contact with at least four teams. The Cubs were not believed to be the front runners but certainly upped the ante by offering Torres.

Torres, 19, is rated the Cubs’ #1 prospect and #24 overall in baseball by MLB Pipeline. The shortstop has spent the season with Single-A Myrtle Beach, batting .275/.359/.433 with nine home runs, 47 RBI, 62 runs scored, and 19 stolen bases in 409 plate appearances.

Torres is currently roadblocked at shortstop by Addison Russell, and 21-year-old Ian Happ is rated #3 in the Cubs’ system, so the club would be dealing from surplus.

Blue Jays designate Drew Storen for assignment

TORONTO, CANADA - MAY 29: Drew Storen #45 of the Toronto Blue Jays delivers a pitch in the eleventh inning during MLB game action against the Boston Red Sox on May 29, 2016 at Rogers Centre in Toronto, Ontario, Canada. (Photo by Tom Szczerbowski/Getty Images)
Tom Szczerbowski/Getty Images
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Prior to Sunday afternoon’s game against the Mariners, the Blue Jays designated reliever Drew Storen for assignment and recalled reliever Ryan Tepera from Triple-A Buffalo.

Storen, 28, had a nightmare of a time with the Jays, leaving with a 6.21 ERA and a 32/10 K/BB ratio over 33 1/3 innings. The Jays acquired him in January from the Nationals in exchange for outfielder Ben Revere and a player to be named later.

Storen is owed the remainder of his $8.375 million salary, which makes it likelier that the right-hander will pass through waivers unclaimed. He’ll be eligible for free agency after the season.