From the Wire … Milton Bradley Traded to the Mariners for Carlos Silva

According to reports out of Seattle and from ESPN Chicago, Milton Bradley was traded to the Seattle Mariners on Friday for Carlos Silva.

Updated – 12:34pm C.S.T.According to a report from Bruce Levine, the Bradley for Silva deal is done … and is waiting on approval from MLB.

Carlos Silva is owed $25 million over the final two years of his contract … while Milton Bradley is owed more than $21 million over the next two seasons.

Updated – 12:44pm C.S.T.According to a tweet from Paul Sullivan, the Cubs will receive $9 million from Seattle. The Mariners end up paying the Cubs $6 million to off-set the contracts. According to Jon Heyman the $6 million will be split over the next two seasons.

Updated – 12:25pm C.S.T. – The trade has not been finalized … and details have not been released. The Sun-Times and ESPN Chicago are indicating the trade is from a source … and as mentioned, not finalized.

Updated 1:08pm C.S.T.Here is the official release from Cubs.com

The trade is done.

From the Tribune on the amount of money from the Mariners:

Seattle has agreed to pay the Cubs $9 million. The Mariners pay $6 million of the remaining $25 million on Silva’s contract. Bradley is owed $22 million, including incentives, or $3 million less than Seattle owed Silva, so the Cubs get $6 million of salary relief.

With Bradley out of the picture, the Cubs will turn their attention to possibly Marlon Byrd and adding a veteran reliever to the pen.

Quote of the Day

"Success is a journey, not a destination. The doing is often more important than the outcome." - Arthur Ashe
Share on Fancred