Last week, news broke that the Cubs had signed free agent outfielder/first baseman Trey Mancini to a two-year contract that will pay him $14 million, with another $7 million in incentives. Mancini can opt out of this deal if he has 350 plate appearances this season.
Today, the Cubs officially announced this signing. To make room on the 40-man roster for Mancini, lefthanded reliever Anthony Kay was designated for assignment. As they have done with other players this winter, the Cubs are obviously hoping that Kay will clear waivers and can be assigned to Triple-A Iowa.