Cubs Sign Carlos Pena
According to the Chicago Tribune, the Cubs have signed slugging first baseman Carlos Pena to a one-year, $10M contract.
Since the Cubs are struggling to stay under a tight budget, the signing could spark them to make a salary dump deal, possibly involving Kosuke Fukudome or Tom Gorzelanny.
I think this has the potential to turn-around quickly for Pena, playing in a very favorable home ballpark for hitters…..but really, $10MM is no drop in the bucket.
That’s alotta dough.