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Report: Cubs close to acquiring Wade Davis from the Royals

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Update (10:33 PM EST): The Royals are expected to receive outfielder Jorge Soler in return from the Cubs, per Ken Rosenthal of FOX Sports.

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Update (9:28 PM EST): The Nationals have jumped into the mix, ESPN’s Jayson Stark reports.

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Jeff Passan of Yahoo Sports reports that the Cubs are close to acquiring closer Wade Davis from the Royals. It’s been widely speculated today that the Royals would move their talented ninth-inning man and the Cubs were one of the teams listed as interested, so this isn’t a shocker. The Cubs have been looking for a closer as Aroldis Chapman is a free agent.

Davis, 31, transitioned full-time to the bullpen in 2014 and instantly became one of the most dominant relievers in baseball. Over the last three seasons, Davis owns a 1.18 ERA with 47 saves and a 234/59 K/BB ratio in 182 2/3 innings.

The Royals picked up the $10 million club option for Davis for the 2017 season. He can become a free agent heading into 2018.

We’ll update you as more details come in about the potential trade.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.