Cubs News

On Friday, February 3, Matt Garza and the Chicago Cubs agreed to a contract for 2012 that will pay the ace right-hander $9.5 million. Garza may also earn more with incentives, including the number of innings pitched. The deal helps the two sides avoid arbitration and hopefully end...

The Chicago Cubs and starting pitcher Matt Garza avoided arbitration on February 3, reaching an agreement for one year at $9.5 million. Garza is currently the Cubs' best option to start for the team on Opening Day. However, many believe that the Cubs may trade him at some point...

pThe Cubs appear ready to head to spring training, but they've tied up a few last-minute details and still are being talked about in the trade and international free-agent markets./p pTheir biggest order of business was avoiding salary arbitration with ace starting pitcher Matt Garza, agreeing on a one-year deal worth $9.5 million with performance-based incentives./p pThe Cubs had offered $7.95 million while Garza was seeking $12.5 million. Cooler heads prevailed in the end./p pThe Cubs also were reported to have agreed to terms with Cuban left-hander Gerardo Concepcion on a multiyear deal worth at least $7 million. Team officials did not comment at week's end./p pIt appeared a deal was well on its way to being completed, pending a physical exam and the completion of...

Some links as Friday turns into Saturday... There has been no progress in contract talks between the Brewers and reliever Jose Veras, reports MLB.com Adam McCalvy. As our Arbitration Tracker shows, the right-hander filed $2.375MM while the team countered with $2MM. Club negotiator Teddy Werner told McCalvy that he expects to return to Florida for a hearing. Danny Knobler of CBSSports.com hears that the Cubs will continue to shop Matt Garza in Spring Training. The two sides avoided arbitration by agreeing to a one-year deal worth $9.5MM today, and Knobler says the salary doesn't figure to hurt their chances of... Mike Axisa

A $191 million spending spree bought Miami a new vibe but no guarantees entering its first season in a new ballpark.

The Chicago Cubs and Matt Garza were scheduled to have an arbitration hearing on February 3, 2012. That won't be necessary now that both sides have reportedly agreed to a one-year contract. Garza will receive $9.5 million in 2012, a pay increase of approximately $3.6 million...

Matt Garza agreed to a new one-year contract with the Chicago Cubs, avoiding arbitration and keeping him in Chicago for now. It is entirely possible that the Cubs will decide to trade him soon though, especially now that he has a dollar value assigned to him.

The Tampa Bay Rays defeated pitcher Jeff Niemann in salary arbitration Friday, improving clubs to 2-0 in decisions this year.

The Chicago Cubs re-signed Matt Garza, their best starter from last season, and avoided salary arbitration with a one-year deal Friday. Garza signed for $9.5 million with incentive clauses, according to reports. With an arbitration hearing reportedly scheduled for Friday, the sides...

Matt Garza is a Chicago Cub for at least a little bit longer. Since Garza is still a few years off from free agency, he was coming back to the Chicago Cubs one way or another. The one-year, $9.5 million contract is just the official paperwork to go along with it.

Chicago Cubs president of baseball operations Theo Epstein has never shied away from acquiring talent from international markets. As the general manager of the Boston Red Sox, two of Epstein's most noteworthy transactions were when he signed Daisuke Matsuzaka and Hideki...

Right-hander Matt Garza has agreed to a $9.5 million, one-year contract with the Chicago Cubs, just before the scheduled start of a salary arbitration hearing in St. Petersburg, Fla. Friday's agreement was $725,000 below the midpoint between the $12.5 million the pitcher had asked for in arbitration last month and $7.95 million the Cubs had offered.

Instead of going into a hearing room in St. Petersburg on Friday, the Cubs and Matt Garza avoided arbitration by agreeing to a one-year, $9.5 million contract.

The Cubs avoided this morning's scheduled arbitration hearing with Matt Garza, agreeing to a one-year, $9.5MM contract for 2012. Garza's agency, CAA, tweeted the news and noted that the deal includes performance bonuses. The Cubs had offered $7.95MM and Garza had asked for $12.5MM for a midpoint of $10.225MM. As MLBTR's Arbitration Tracker shows, the Cubs have agreed to terms on 2012 contracts with all of their arbitration eligible players. Garza, 28, posted a 3.32 ERA with 9.0 K/9 and 2.9 BB/9 in 198 innings for the Cubs last year. He's a super two player who will be arbitration eligible... Ben Nicholson-Smith

Sheri Wilken, wife of Cubs scouting director Tim Wilken, was in a parking lot during a high school baseball game in Arizona when she first met Tayler Scott's parents.

The Cubs took a progressive step in 1962 when they named Buck O'Neil to the coaching staff to become the Major League's first black coach.

Gerardo Concepcion, an 18-year-old left-handed pitcher from Cuba, has agreed to terms on a multi-year Major League contract with the Chicago Cubs, MLB.com reported Thursday. The Cubs, Yankees, White Sox and Rangers had shown the most interest in Concepcion, who has been training in...

An American League championship ring belonging to Chicago Cubs pitcher Matt Garza has been stolen from his California home, according to sheriff's detectives.

Sheriff's detectives say that an American League Championship ring belonging to Chicago Cubs pitcher Matt Garza has been stolen from his California home. The Fresno Bee reports (http://bit.ly/xnXGSo) that the ring -- valued at $30,000 -- was taken during a burglary of Garza's home in Fresno County sometime between Jan.

Free-agent pitcher Gerardo Concepcion has agreed to terms with the Cubs, according to an industry source. Concepcion defected from Cuba last June during the World Port Tournament in the Netherlands.