UPDATE II: The Cubs are still in active discussions with the Padres, I’m told, but it’s pretty complicated when you’ve got this many parts involved. The Cubs’ most valuable piece is Matt Garza, but the Padres may prefer to get the prospect-equivalent of Garza, rather than the pitcher, himself. That means a third team is necessary, and the Rangers have been involved. Bringing in a third team makes completing an already “complicated” deal a real “pain” (not my words). The two/three sides will continue to discuss a deal until they reach an agreement or seem hopelessly gridlocked. These things tend to take on a life of their own, and the deal could evolve into yet another incarnation. Or, it could just wilt on the vine. With this many players involved and such high stakes, I couldn’t say a deal is more than 50/50 to get done. You’ve also got the Prince Fielder pursuit and Yu Darvish post as a backdrop for these discussions, which only complicates things further. I’m doing my best to get the most complete and reliable information I can, but, given the circumstances and the moving parts, you can understand how the best I can give you is: (1) they’re talking, (2) a trade might be completed soon, (3) or a trade might be completed in a week, and (4) or a trade might be completed never.
UPDATE III: I’m told the biggest hold up, from the Cubs’ perspective, is making sure they get the right pitchers/pitching prospects included in the deal. While Rizzo may have been the impetus for the discussions, the Cubs don’t appear to be interested in moving Garza unless some very, very good pitchers/pitching prospects are included. That is to say, Rizzo may not necessarily be “the centerpiece” of a completed deal, such as there is a centerpiece, and such as the sides are actually able to consummate a deal (which, again, remains very much in doubt).