According to a source, the Cubs and Baltimore had a deal in place but Alfonso Soriano used his no-trade clause to nix the deal. This certainly coincides with the recent public information that Soriano would only accept a trade to a contender. After saying last season he'd do whatever it takes to help the Cubs, Soriano has had a sudden change of heart.
According to the source, Soriano is less concerned about becoming a DH or losing playing time than he is about his preference to play for a team with a chance to win. That would rule out a lot of the teams we've talked about, including Baltimore and Oakland.
One team that would fit the criteria is Detroit. They need a DH after the loss of Martinez and they are certainly expected to contend. They're the odds-on favorites in the AL Central.
The Cubs have had conversations with Detroit about a deal and are willing to pay 75-80% while receiving little in return. It seems that the goal is more about clearing the payroll and some roster space than it is about adding another prospect right now. Even still, there has been little progress made on that front and certainly nothing is imminent right now.
UPDATE: Heard from another source that is denying the rumor.
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