Austin Jackson

Chicago Cubs pinch-hitter Mike Olt (20) strikes out against the Colorado Rockies in the ninth inning of a baseball game Sunday, April 12, 2015, in Denver. The Cubs won 6-5. (AP Photo/David Zalubowski)

White Sox claim Mike Olt off waivers from the Cubs

10 Comments

Mike Olt will hope for better luck on the South Side, as the White Sox announced this afternoon that they have claimed the former top prospect off waivers from the Cubs. He’ll be added to the major league roster.

Olt was designated for assignment by the Cubs this week after the team acquired Austin Jackson from the Mariners. The 27-year-old appeared in seven games with the Cubs in April before going down with a hairline fracture in his right wrist. He has played exclusively in the minors since returning to full health, batting .265 with nine home runs and a .793 OPS over 59 games with Triple-A Iowa.

Olt owns .158/.245/.333 batting line over 314 plate appearances in the majors, so he’s running out of chances to make an impact, but he has landed in a pretty good situation. The White Sox could give him a look at third base down the stretch.

Cubs designate Mike Olt for assignment

CHICAGO, IL - APRIL 05:  Mike Olt #20 of the Chicago Cubs bats against the St. Louis Cardinals during the Opening Night game at Wrigley Field on April 5, 2015 in Chicago, Illinois. The Cardinals defeated the Cubs 3-0.  (Photo by Jonathan Daniel/Getty Images)
6 Comments

After finalizing their acquisition of outfielder Austin Jackson from the Mariners, the Cubs announced that they designated infielder Mike Olt for assignment.

Olt began the season on the Cubs’ Opening Day roster, but he was merely viewed as a stopgap at third base until Kris Bryant was deemed ready for the majors. The 27-year-old went 2-for-15 (.133) with a home run over six games prior to going down with a hairline fracture in his right wrist. The injury cleared the way for Bryant’s major league debut. Olt ended up missing a couple of months, but he was batting .265 with nine home runs and a .793 OPS over 59 games with Triple-A Iowa.

Olt has never lived up to his top prospect status, putting up a .158/.245/.333 batting line over 314 plate appearances in the majors, but somebody could take a chance on him.

Cubs acquire Austin Jackson from Mariners

Seattle Mariners' Austin Jackson celebrates after scoring the go-ahead run on a single by Mike Zunino during the 12th inning of a baseball game against the Boston Red Sox in Boston, Sunday, Aug. 16, 2015. The Mariners won 10-8. (AP Photo/Michael Dwyer)
22 Comments

UPDATE: CBS Sports’ Jon Heyman reports that the Mariners will indeed receive a player to be named later and the Cubs’ final international bonus pool slot (which Greg Johns of MLB.com says is worth $210,000) in return. The Cubs will receive some cash along with Jackson.

6:11 p.m. ET: With the waiver trade deadline just a few hours away, Shannon Drayer of 710 ESPN reports that the Cubs have acquired outfielder Austin Jackson from the Mariners. Greg Johns of MLB.com confirms the report and adds that the Mariners will receive a player to be named later and potentially an international bonus slot in return.

Jackson, who will be a free agent after the season, reportedly cleared revocable waivers earlier this month. The 28-year-old is batting .272/.312/.387 with eight home runs, 38 RBI, and 15 stolen bases over 107 games this season and has been especially hot of late. The Cubs already have Dexter Fowler in center field, but the move gives Joe Maddon some additional flexibility. Remember, the team is missing Jorge Soler right now due to an oblique injury. Jackson was flipped from the Tigers to the Mariners last July as part of the three-team David Price deal, so the Cubs will be his third team in 13 months.

As for the Mariners, Bob Dutton of the Tacoma News Tribune reports that they plan to use Brad Miller as their primary center fielder down the stretch.