Cubs, Phillies not likely to complete a Cole Hamels trade. But it’s still interesting.

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As we mentioned the other day, Cole Hamels was claimed on revocable waivers by the Cubs. The Cubs and Phillies have until some time today to complete a deal or else the Phillies will pull him back off of waivers. Most people think there will be no deal.

But this is still interesting. Because it shows that the Cubs would — if Philly took leave of its senses and let Hamels go on waivers — take on a pitcher owed $100 million right now. Which suggests that, unlike in past offseasons, the Cubs are ready so spend big. Possibly even getting into the bidding wars that are likely to develop around Max Scherzer and Jon Lester. And, after 2015, David Price.