The Cubs made their trade with the Astros for veteran reliever Ryan Pressly official on Tuesday, announcing that they’d designated reliever Matt Festa for assignment to clear space on the 40-man roster.
To complete the deal, the Cubs sent minor-league pitcher Juan Bello to the Astros. Bello played for Single-A Myrtle Beach last season, recording a 3.21 ERA .
The Astros are covering $5.5 million of the $14 million remaining on Pressly’s contract this year, a source confirmed. Pressly waived his no-trade clause to join the Cubs.
Festa was on the roster for less than three weeks. The Cubs acquired him after the Rangers designated him for assignment, trading cash to Texas.
As the Astros have sought to shed payroll this offseason, they’ve become an important trade partner for the Cubs, who are aiming to end a four-year playoff drought while still operating within budget limits.
In December, the teams came together in a deal that brought three-time All-Star Kyle Tucker to the Cubs in a walk year, upgrading their offense. Now, in Pressly, the Cubs have added a high-leverage reliever with postseason experience who is a favorite to claim the closer job.
Those two areas, an impact bat and experienced back-end reliever, were priorities for the Cubs this offseason.
Related Posts:
- Astros reliever Ryan Pressly waives no-trade clause to go to Cubs News The Cubs aren’t merely seeking volume as they address their bullpen in the final weeks before spring training. That was clear as they neared the finish line on their latest trade with the Astros. Veteran high-leverage reliever Ryan Pressly has agreed to waive his no-trade clause to pave the way…
- They said it: Local official dares President Trump News “Come after us.” — California state Sen. Jesse Arreguin, a Berkeley Democrat, responding to a Trump administration order shortly after his inauguration last week to investigate and prosecute officials in the “sanctuary state” who defy his promised illegal immigration crackdown.
- They said it: Local official dares President Trump News “Come after us.” — California state Sen. Jesse Arreguin, a Berkeley Democrat, responding to a Trump administration order shortly after his inauguration last week to investigate and prosecute officials in the “sanctuary state” who defy his promised illegal immigration crackdown.
- Top DOJ official in Chicago to supervise 'immigration enforcement actions,' reports say News A top Department of Justice official is in Chicago to "personally observe" immigration enforcement actions, according to multiple news reports. Acting Deputy Attorney General Emil Bove, President Donald Trump's top appointee in the agency, will oversee Department of Homeland Security operations today, according to reports from NBC and ABC. The…
- Arsenal submit official appeal to FA over Myles Lewis-Skelly red card that left Mikel Arteta raging Sports ARSENAL have officially appealed the controversial red card that Myles Lewis-Skelly received against Wolves at the weekend. The teenager was sent off in the 43rd minute for a challenge on Matt Doherty. PAMyles Lewis-Skelly was sent off for a challenge on Matt Doherty[/caption] Lewis-Skelly tripped the defender as Wolves began…
(Visited 1 times, 1 visits today)