The Cubs trade Ted Lilly and Ryan Theriot to the Dodgers for Blake DeWitt. I assume the Cubs are getting some minor league talent as well. Theriot is in the second season of an offensive decline, and at age 30, I don’t really expect him get back to his peak. Lilly gives the Dodgers a solid starter. Since joining the Cubs, Ted figured out how to walk fewer batters, and has been steadily good ever since. DeWitt is young and better than Theriot, so the Cubs come out ahead on that end of the deal. We’ll see who else the Cubs get.

Update: The Cubs are getting a pitching prospect

Prospect going to Cubs is pitcher Brett Wallach, not Walch. Deadline Day Typo Attack!

Wallach is a high strikeout, high walk, righty. Maybe the Cubs can teach him control, too.

Update: The Cubs also get Kyle Smit, another righty pitcher. He found his control his year and is having his best season in the minors.