Cubs and Reds agree to Sean Marshall-for-Travis Wood swap

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Last night Bruce Levine of ESPN Chicago broke the news that the Cubs and Reds were working on a trade involving Sean Marshall and Travis Wood, and now he’s reporting that the two sides have agreed to a deal “in principle.”

According to Levine the Cubs will send Marshall to the Reds for Wood and two undisclosed prospects.

Wood became more expendable after the Reds gave up a ton to get Mat Latos from the Padres and Ken Rosenthal of FOXSports.com wrote yesterday that Cubs president Theo Epstein had his eye on the left-hander since his days with the Red Sox.

Wood is 24 years old, cheap, under team control through 2016, and projects as a mid-rotation starter, but Marshall has been one of the league’s top setup men since moving to the bullpen full time in 2010, throwing 150 innings with a 2.45 ERA and 169/42 K/BB ratio. He certainly has the ability to close, but it’s unclear if the Reds will ask him to take over ninth-inning duties for free agent Francisco Cordero.

Rays acquire Wilmer Font from Athletics

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In a less-notable move on Friday, the Rays acquired right-hander Wilmer Font from the Athletics in exchange for minor league right-hander Peter Bayer. Font was designated for assignment by the A’s on Wednesday.

This is the second trade involving the righty since the start of the season. The Athletics acquired 28-year-old Font from the Dodgers in late April, but were underwhelmed by his performance after he racked up 11 runs, five home runs, four walks and nine strikeouts in his first 6 2/3 innings of relief. While the rookie has yet to prove himself at the big league level, he posted a much more respectable pitching line with the Dodgers’ Triple-A affiliate in 2017, going 10-8 in 25 starts with a 3.42 ERA, 2.3 BB/9 and 11.9 SO/9 in 134 1/3 innings. It’s still unclear whether the Rays intend to give him another opportunity in the majors this year or use him as depth in the minors.

Bayer, 24, is still a ways away from cracking any major league roster. He advanced to High-A Charlotte prior to the trade and allowed eight runs, two homers, six walks and six strikeouts in his first four innings.