Found January 18, 2013 on Obstructed View OLD:
The Cubs have avoided arbitration with another of their players. Last week they re-signed Luis Valbuena and they have now reached an agreement with Matt Garza for $10.25 million. Cubs right-hander Matt Garza avoided arbitration and agreed to a new $10.25 million contract on Thursday. Garza's representatives at CAA announced the new deal on Twitter: "#Cubs Matt Garza (@Gdeuceswild) agrees to a $10.25M contract to avoid salary arbitration." Garza himself revealed the contract on his Twitter account: "Business side over! Hooray! Time to focus on what really matters … 2013 #GoCubsGo" The Cubs were expected to make a formal announcement on Friday. Garza has always been a little overrated and $10.25 million is a bit much, but it's his final year of arbitration and he was going to get a raise. I'm interested in what kind of value Garza has at this point in a trade. To keep things simple, let's start with CAIRO. It projects a 3.69 FIP over 150 innings, which is also 2.6 WAR. If the win value is, let's say, $6 million in 2013, that's $15.6 million in value. Garza's surplus trade value prior to the start of the season is $5.4 million. We'll go ahead and write Garza in for 200 innings and bump the WAR to 3.5. That's $21 million in value and a surplus value of $10.8 million. I think expecting 3.5 WAR from Garza is a bit of a stretch. Below are his WAR totals since 2008: WARP: 1.6, 2.2, 0.6, 3.7, -0.4 fWAR: 2.9, 3.1, 1.6, 4.9, 1.2 rWAR: 3.1, 3.3, 1.3, 2.5, 1.0 But the projections are the projections so we're using them. Garza's value will decrease as the season goes on. If he's traded at the deadline, he'd only be expected to provide about 1.2 WAR the rest of the way while being paid $3.42 million over the final two months. That would give him a surprlus value of $3.8 million. Comparing those values to this post on Beyond the Box Score, the Cubs probably won't get much in return for Garza at the deadline. I imagine it will be difficult to trade him before he shows he is completely healthy and I'm not sure spring training is going to get that done.

Cubs announce Wrigley renovation

The Chicago Cubs have announced plans to begin a $300 million renovation of Wrigley Field. See photos of the plans here.

Cubs, Garza agree to $10.25M deal

Matt Garza and the Chicago Cubs have agreed to a $10.25 million, one-year contract that avoids salary arbitration. Creative Artists Agency, which represents the right-hander, announced the deal Thursday night on Twitter. Garza also posted on his account, ''Business side over! Hooray! Time to focus on what really matters 2013.'' Garza avoided arbitration a year ago...

Cubs GM Says Matt Garza and Scott Baker on Track

 Jesse Rogers of ESPN-Chicago reports that Theo Epstein, Chicago Cubs GM, spoke optimistically about two of his projected starting pitchers for 2013, Matt Garza and Scott Baker. "Both guys should be ready to start the year," Epstein said Wednesday. Baker, 31, was acquired via free agency on November 13.  The righty starter has spent his entire career with...

Cubs signed Jeff Samardzija and James Russell

It was reported yesterday that the Cubs signed Jeff Samardzija and James Russell to avoid arbitration. The Cubs signed Matt Garza yesterday and earlier this week they signed Luis Valbuena. Those were the only four players the Cubs had eligible for arbitration. The Jeff Samardzija contract is worth $2.64 million and they signed James Russell for $1.075 million. Totals for arbitraiton...

Get Out Your ‘It’s Gonna Happen’ Signs and DeRosa Shirseys, It’s Cubs Convention Time!

​It's that time again! Every winter, the Cubs gather their current players, management, and any ex-players for whom they have blackmail material and trot them out like showdogs for their fans in a massive effort to "build their brand" or "polish the turd."  Yes, the Cubs Convention is tomorrow and the Cubs have been very busy planning how best to shovel...

Cubs Rumors: Alfonso Soriano Wants to Remain in Chicago

There have been several trade rumors swirling around Chicago Cubs outfielder Alfonso Soriano this offseason, but the veteran told Carrie Muskat of that he hopes to remain with the club and be a part of their next winning team. "I want to stay here and finish my career here and try to win before I retire," Soriano said. "I signed here to bring a ...

Epstein won't waver from Cubs' long-term plan

Although the Chicago Cubs are coming off a 61-101 season, team president Theo Epstein sounded an optimistic tone in recent days as the team's push toward spring training heated up. "It's postseason or bust every year," Epstein said. "That's what our goal is." If teams and their executives, even realistic ones like Epstein, can't be optimistic...

Chicago Cubs & Jeff Samardzija will wait to discuss long-term deal

There isn't much to be excited about in this Chicago Cubs pitching staff. There is depth sure, but there are only two or three true quality arms in the rotation. One of those arms is the breakout pitcher of 2012, Jeff Samardzija. After the laughter subsided following Samardzija's declaration that he wanted to be in the rotation, he went out and dazzled all of us in spring...

Cubs plan $300 million renovation of Wrigley

The Chicago Cubs announced plans Saturday for a five-year, $300 million renovation to Wrigley Field. It is not clear how it will be funded but owner Tom Ricketts said he is confident the renovations can start as early as October, starting with the home clubhouse. Crane Kenney, the Cubs president of business operations, said Ricketts will pay for the project if the city limits...

Jeff Samardzija under the radar

After years of being the golden boy and fan favorite who couldn't quite get there, Jeff Samardzija arrived as a starter in 2012. His record and ERA perhaps belittle the type of season he really had. His record of 9-13 with an ERA of 3.89 in 28 starts might not excite anyone. If you dig a little deeper, there was a lot of impressive stuff about his season considering it was his...

Wrigley renovation to run $300 million

The Chicago Cubs announced a five-year, $300 million plan to renovate Wrigley Field at the annual Cubs convention on Saturday. There are still several hurdles to clear, including funding for the project, but owner Tom Ricketts is confident renovations can begin as early as October, starting with the home clubhouse. Cubs president of business operations Crane Kenney said the Ricketts...

Wrigley Renovation Plans From the Cubs Convention

This will be relatively brief but serves to consolidate all the random Tweets by Anno, Roobs and other bloggers all over the interwebs.  The Cubs hosted an informational session where they revealed their plans to restore Wrigley Field, and not to rebuild it.  For the source you can check out the Twitter feeds on our sidebar run by Anno and Roobs.  I’m sure photos will be available...


Ok, so it’s “Cubs Convention Eve”, and the bags are packed, batteries for the camera are charged, sharpies placed in a strategic place in my purse for easy grabbing for those unexpected run-in’s with any of the 75+ current, former, and future players, not to mention the management, ownership, broadcasters, etc that will be easily accessible this weekend!  I kind of feel...
Cubs News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.