Korean reliever Chang-Yong Lim set to sign with Cubs

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South Korean reliever Chang-Yong Lim, who’s spent the past five seasons pitching in Japan, revealed that he’s signing a two-year contract with the Cubs.

According to the 36-year-old right-hander the deal could be worth up to $5 million, but Patrick Mooney of CSNChicago.com has a few more details and says it’s basically a minor-league contract with little guaranteed money and a bunch of potential incentives.

And that makes sense, because Lim is recovering from Tommy John elbow surgery in July and the sidearmer is no sure thing to pitch at all in 2013. Lim told Yonhap News in Korea that the Red Sox and Rangers also made him offers.

When healthy Lim had a 2.09 ERA with 231 strikeouts in 233 innings during his Japanese career.

Marlins designate Derek Dietrich for assignment

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The Marlins designated utilityman Derek Dietrich for assignment, Clark Spencer of the Miami Herald reports. This comes amid a flurry of moves on Tuesday night as teams prepare their rosters ahead of the Rule 5 draft next month.

Dietrich, 29, is coming off another strong season in which he hit .265/.330/.421 with 16 home runs, 45 RBI, and 72 runs scored in 551 plate appearances. He played all over the diamond, spending most of his time in left field and at first base. Dietrich also played some second base, third base, and right field.

Dietrich is entering his third of four years of arbitration eligibility. He earned $2.9 million this past season and MLB Trade Rumors projects him to earn $4.8 million in 2019. Cutting Dietrich represents a bit more than 4 million in savings for the rebuilding and perennially small-market Marlins. Dietrich should draw some interest, so the Marlins could end up trading him rather soon.

Wonder how J.T. Realmuto, now the longest-tenured Marlin, is feeling right about now.