12/7 Pena won’t accept arbitration

Carlos Pena will not accept arbitration, according to a report Wednesday. MLB Network’s Jon Heyman said Pena will be going back on the market. In his one season in Chicago, Pena batted .225 with 28 homers and 80 RBIs. The deadline for players is 11 p.m. CT Wednesday. The Cubs also offered arbitration to Aramis Ramirez. If Pena and Ramirez sign with other teams, which was expected, the Cubs will receive a compensatory Draft pick between the first and second rounds.

Pena’s decision is not a surprise. Theo Epstein mentioned Pena was looking for a multi-year contract.

The Cubs did not offer arbitration to Kerry Wood, another Type B free agent, but they were expected to try to re-sign the reliever. Wood has had conversations with Epstein re: coming back.

The Brewers are reportedly interested in Ramirez, 33, who won his first Silver Slugger award this season, batting .306 with 26 homers and 93 RBIs, and is considered the top free agent third baseman available. Ramirez’s agent Paul Kinzer has said his client is looking for a multi-year contract.

The Cubs did not offer arbitration to four other unranked free agents for whom no compensation applies, according to the new Collective Bargaining Agreement. That group includes John Grabow, Reed Johnson, Ramon Ortiz and Rodrigo Lopez.

– Carrie Muskat

3 Comments

Oh joy! Theo’s plan is in motion. Instead of Hendry resigning Pena to a multi-year deal “rewarding” him for a mediocre 2011 season, the more astute Epstein realizes the team is better off with ANYBODY else at 1B for the 2012 season and a draft pick. Way to go Theo! (Hey, new catchphrase or theme song maybe?)

Maybe a towel, NO SONGS & NO MONKEYS. Sorry LAA.

A towel will work. No drill, no Rothschild, just a towel.

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