According to Chicago Cubs General Manager Jim Hendry, the Cubs have
entertained offers from both the Angels and the Rangers over the past
10 days, but Derrek Lee has declined to accept a trade. Lee has
informed the team that he prefers to finish out his contract year with
the Cubs, and, as a guy who’s been in the league 10 years with at
least the last five spent on the same team, it is his right to do so.
I can’t criticize the guy for exercising his rights, as I do not know
him personally, or the factors that went into such a decision. That
said, this is really unfortunate news for the Cubs, who are going
nowhere this year. Lee could, of course, accept a trade, and then
re-sign with the Cubs after the season. As it is, he is unlikely to be
offered arbitration at the end of the year, due to his exhorbitant
2010 salary, and the Cubs will get nothing if he walks after this
year.
Source: ESPNChicago.com