Rangers and Cubs close to Matt Garza deal, but won’t be completed tonight

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Earlier tonight, reports indicated that a trade between the Rangers and Cubs involving Matt Garza was imminent, but it hit a “snag”. Although the two sides remain very close on the terms of a trade, it won’t be completed tonight, says Jeff Wilson.

Jeff Passan reported that the deal included prospects Mike Olt, Neil Ramirez, and C.J. Edwards. Olt was rated the #22 overall prospect by both Baseball America and MLB.com entering the 2013 season. The third baseman made his Major League debut on August 2 last year, but did not have much success in his first go-around in the Majors. With Triple-A Round Rock, the 24-year-old Olt has a .208/.311/.394 line in 257 trips to the plate.

Ramirez is a 24-year-old right-hander currently starting for Double-A Frisco. In 92 innings, he has a 3.33 ERA  with 113 strikeouts. Edwards is a 21-year-old right-hander with Single-A Hickory of the South Atlantic League. In 93.1 innings, he has a 1.83 ERA with 122 strikeouts.