12:02pm: The sides are in agreement on a deal, reports Jon Heyman of the New York Post (on X).
11:50am: The Cubs and Dodgers are discussing a trade that would send reliever Yency Almonte to Chicago, reports Juan Toribio of MLB.com (X link). Almonte and the Dodgers already agreed to a $1.9MM arbitration salary back in November.
More to come.
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