UPDATE: Cubs "likely" to trade Ted Lilly and Ryan Theriot to Dodgers

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UPDATE: Stark reports that the Cubs are “likely” to send Ted Lilly and Ryan Theriot to the Dodgers. We already know that the Yankees are out, so it sounds like this could get done.

1:06 AM: Jayson Stark of ESPN.com provides an update on Buster Olney’s report, saying that it’s unlikely the Dodgers and Cubs will reach an agreement on Ted Lilly tonight, however a source tells him that they are moving in a “positive” direction.

11:51 PM, Friday: According to Buster Olney of ESPN.com, the Dodgers are “closing in” on a trade for Cubs left-hander Ted Lilly.

Lilly is 3-8 with a 3.69 ERA and 1.14 WHIP over 18 starts this season. He is owed approximately $4.3 million for the rest of this season, so you’d have to assume the Cubs would throw some money in.

Just a little while ago, Tony Jackson of ESPNLosAngeles.com reported that the Dodgers were weighing a deal for just Lilly and another that includes infielder Ryan Theriot.

Steven Wright undergoes procedures on left knee

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The Red Sox announced that starter Steven Wright underwent a left knee arthroscopy and debridement on Monday in New York. There is no timetable yet for his recovery, so it is still not known if he will be ready for spring training.

Wright, 34, was bothered by left knee issues throughout the 2018 season. He made four starts and 16 relief appearances totaling 53 2/3 innings, posting a 2.68 ERA with 42 strikeouts and 26 walks. Wright was on the ALDS roster but was removed due to the knee issue and did not appear in the postseason.

Wright is entering his second of three years of arbitration eligibility. He is due a raise on his $1.1 million salary. The Red Sox could non-tender him, but that seems unlikely.