The Chicago Cubs traded former closer Carlos Marmol to the Los Angeles Dodgers for reliever Matt Guerrier on Tuesday.
The Dodgers also acquired international signing bonus slot No. 4 from the Cubs as part of the deal. The Cubs acquired two international signing bonus slots as part of another trade on Tuesday, when they sent starting pitcher Scott Feldman and catcher Steve Clevenger to the Baltimore Orioles for pitchers Jake Arrieta and Pedro Strop. Chicago then sent one of the bonus slots to Baltimore.
ESPN's Jayson Stark reports that in addition to Guerrier, the Dodgers will get cash and $209,000 in international signing considerations. A source tells Stark that if Marmol doesn't work out in L.A. and the Dodgers release him, the Cubs would owe the Dodgers additional money only if another team signs Marmol.
Marmol was designated for assignment on June 25, giving the Cubs a 10-day period to trade him or give him his unconditional release. He had a limited no-trade clause with six teams he could block.
Marmol is owed more than $5 million on his $9.8 million for this season. He's ending a three-year, $21 million contract with the Cubs, who are the only team he's played for in the majors.
Marmol can become a free agent after this season.
The 30-year-old Marmol went 2-4 with a 5.86 ERA in 31 relief appearances this season. He has struggled for parts of the past three seasons. He struck out 32 and walked 21 in 27 2/3 innings this season. He had 10 blown saves with a 4.01 ERA in 2011 and has lost his closer role several times.
Marmol has 117 saves over eight seasons with the Cubs. His best season as a closer came in 2010, when he had 38 saves, a 2.55 ERA and 138 strikeouts in 77 2/3 innings.
Guerrier, 34, is 2-3 with a 4.80 ERA and a 1.47 WHIP in 34 relief appearances with the Dodgers this season. He is expected to report to the Cubs later this week.
Also on Tuesday, the Cubs traded minor league infielder Ronald Torreyes to the Houston Astros for two international signing bonus slots (Nos. 2 and 3).