Rangers acquire Matt Garza from Cubs for Mike Olt, C.J. Edwards, and Justin Grimm

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UPDATE: Rosenthal now says it’s a done deal, with the Cubs sending Garza to the Rangers for Triple-A third base prospect Mike Olt, Single-A pitching prospect C.J. Edwards, MLB right-hander Justin Grimm, and a player to be named later.

Olt was a consensus top-50 prospect coming into the season and Edwards has been unbelievably good at Single-A as a 21-year-old, so regardless of what you think of Grimm’s mid-rotation potential that’s a damn good haul for what’s essentially two months of Garza. And the Rangers have added a frontline starter for a potential playoff run.

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With trade rumors swirling Cubs manager Dale Sveum was asked yesterday if Matt Garza would still be around to make his scheduled start tonight and replied: “I’d say 100 percent he’s going to be pitching.”

Sveum then immediately put into question his concept of “100 percent” by adding that “if we get a phone call and something changes, that’s the way it is.” And apparently that’s exactly what happened, because Ken Rosenthal of FOXSports.com reports that Garza will not start for the Cubs tonight and the long-rumored trade to the Rangers is finally “near.”

Giants place Dereck Rodriguez on DL due to injury sustained during altercation with Dodgers

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Alex Pavlovic of NBC Sports Bay Area reports that Giants pitcher Dereck Rodriguez has been placed on the 10-day disabled list with a Grade 1 strain of his hamstring. Rodriguez apparently suffered the injury during Tuesday’s altercation with the Dodgers which featured Yasiel Puig and Nick Hundley.

Rodriguez, 22, has been having an outstanding rookie season, posting a 2.25 ERA with a 65/19 K/BB ratio in 80 innings across 12 starts and two relief appearances.

Casey Kelly will start in Rodriguez’s place against the Reds on Friday.