Well with the gamble going on with Hammel it makes sense why they signed McDonald.
Funny part of this is this is the exact same deal Feldman got.
I knew this is the way they would go after they missed out on Tanaka. There's really not a significantly better play. Santana seems like a guy likely to back slide after a career year. Ubaldo has had 3 decent seasons and 4 meh or worse seasons. Both are tied to draft pick compensation. Both have a career ERA hovering around 4. The loss of the pick matters less than the loss of the draft pick slot money. That slot money can mean the difference between someone being able to sign or to go back to college.
In the mean while the cubs have to start 162 games. I see an argument to be made for signing Arryo vs Hammel but at that point you're splitting hairs. Neither is going to be an impact player. So, if you're not going to lose a draft pick to sign middle of the rotation types in Santana/Jiminez what other choice is there? I mean anyone who suggests they should have just stood pat with Rusin/Arrieta/Villeneuva/Hendricks/whomever as their last two rotations spots is ignorant. They will trot him out for 15-20 starts and hope to get a young player or two from some team desperate to make a push for the last wild card slots.
A lot of people will call the return "trash" I'm sure because they will be names no one has heard of. But Jim Edmonds was never a top 100 player. He turned out all right. Same can be said for Yady Molina, Robinson Cano, Jorge Posada, Jose Bautista, Kevin Youkilis, Pablo Sandoval, Paul Goldschmidt, Matt Carpenter, Jeff Kent, Michael Young, Matt Holliday, Mat Latos, James Shields, Doug Fister, Lance Lynn, John Lackey, Brandon Webb, Dan Haren, Tim Hudson, Ryan Dempster, Mariano Rivera, Trevor Hoffman, Mark Buehrle, C.J. Wilson and Johan Santana. Point here being that you don't have to be a top 100 player to be a successful major league player and that the more talent you have in your system the more likely players like this are to bubble up to the top. Will all of the players the cubs get in trades work out? Absolutely not. But if every team gets 50 draft picks and a couple of IFAs the cubs would be getting that plus whatever they can pull out of trades plus weakening other teams farm systems. If the front office is as good as the media would have you believe they will eventually stumble upon great values.