Per multiple reports, the Chicago Cubs have traded pitcher Ted Lilly and second baseman Ryan Theriot to the Los Angeles Dodgers. Part of the return is expected to be second baseman Blake DeWitt, but no word yet on dollars and the rest of the return. We’ll keep you posted.

UPDATE: Looks like the Cubs are getting DeWitt, two pitching prospects, and the Dodgers taking on $2.5 million(ish) in salary (Cubs sending $2.5 million).¬†With that much cash coming from a cash-strapped team like the Dodgers, I’m not optimistic about the quality of the pitching prospects.

UPDATE: One of the pitching prospects is apparently Brett Wallach (not to be confused with first base prospec Brett Wallace, also traded this week). Ranked 20th in the Dodgers system…

UPDATE: The other pitcher is Kyle Smit, a AA reliever who’s had success since moving to the pen a couple years ago. Does not appear to be a top prospect. DeWitt must be the center piece of this deal. More analysis to come.



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