2008 Rule 5 Draft

UPDATE: The Cubs lost three players in the 2008 Rule 5 Draft this morning, one in the Major League Phase and two in the AAA Phase. 1. Donald Veal, LHP - selected off AAA Iowa roster byA Pittsburgh PiratesA with 4th overall pick in Major League Phase. 2.A Yusuf Carter, OF - selected off AA Tennessee roster byA Oakland A's in AAA Phase. 3.A Mark Holliman,A RHP - selected off AA Tennessee roster byA Milwaukee Brewers in AAA PhaseA A The Cubs did not select any players, but they did acquire RHP David Patton from the Cincinnati Reds in a cash transaction after the conclusion of the draft. Patton was selected from the Colorado Rockies by the Reds with the 8th pick in the 1st round of the Major League Phase, and so the Cubs will assume the Rule 5 obligations (Patton must remain on Cubs 25-man roster for the entire 2009 season--or at least 90 days on the active roster if he spends time on the DL--before he can be optioned to the minors). The 24-year old Pa...