Mid-Week Cubbie Quick Hits

It's been awhile since we checked the rumor mill, so here's the latest.

• On Tuesday, the Cubs signed 5 players to one year extentions, avoiding arbitration with Mike Fontenot, Koyie Hill, Tom Gorzelanny, Angel Guzman, and Jeff Baker. Ryan Theriot, Carlos Marmol, and Sean Marshall have yet to reacher agreements with the Cubs. If the Cubs cannot come to terms with these players, than they will have to go to an arbitration hearing, which will be held February 1-21. The Cubs have not gone to a hearing since Mark Grace in 1993.
• Carrie Muskat reports that the Cubs are looking at Jermaine Dye and Xavier Nady as possible fourth outfielders.
• The Cubs are in negotiations with reliever Kiko Caleron, according to a report from Jon Paul Morosi. Caleron is seeking a 2 year deal, but so far the Cubs have only offered him one year.
• The Cubs were on there to see Ben Sheets throw on Monday. A source out of Toronto reported that Sheets was "all but signed" by the Cubs, but that rumored appeared to be false. None the less, the Cubs are one of 8 teams with real interest in the right hander.
• Click here to see a video of Sheet's bullpen and his interview with MLB Network afterwards.
• The Cubs are taking a look at free agent left Mark Mulder according to FOXSports.
• Bruce Levine blogs that Padres pitcher Luke Gregerson could be a fit for the Cubs bullpen.
• Ryan Theriot is asking for $3.4 million, while the Cubs are offering $2.6 million. Bruce Miles speculates that this one could go to a hearing.

Let's turn our attention to the always informative Bruce Levine chat on ESPNChicago.com. Here are the highlights from Tuesday:

• Levine likes Jeff Baker better than Fontenot as a starter.
• Randy Wells is working hard to make sure there's no sophomore jinx for him.
• The Cubs would be much stronger defensively with Theriot at 2B and Starlin Castro at SS. Ryan is ready to make that move if the team asks him to.
• If Rick Ankiel's stock continues to fall, the Cubs will consider signing him.
• The Cubs are still looking at San Diego and Toronto relievers.
• Levine thinks Dye would be perfect for the Cubs.
• Jermaine is a terrific clubhouse guy.
• If ownership has any say so, former Cubs from the '80s and '90s will be favored for positions on the coaching staff after Lou is out.
• Hendry will be creative in shelling out money to free agents, so that he is able to bring in all the pieces that he needs.
• Orlando Hudson really faded last year, to the point where he lost his job in LA.
• It doesn't appear that many other clubs have made money offers to Dye.
• The Cubs have fielder offers for Angel Guzman, because they are worried about his health.
• Orlando Cabrera is not a bad idea, but the money would be a factor.
• Next offseason, the Cubs will start major renovations at Wrigley.
• As far as the Cubs outfield, the priority at the moment is Dye.
• Not much is expected from Carlos Silva.
• Geovany Soto is not at the perfect weight for him to start the season.
• Pedro Martinez is not on the Cubs' radar.
• The Cubs will NOT consider shopping Jeff Samardzija at this point.
• Helping Alfonso Soriano was one of the main reasons Rudy Jaramillo was hired.
• Bob Brenly will be in the Cubs' booth for a long time, unless he gets that managers job he wants.
• Bruce doesn't see Andres Blanco as an every day player.
• The Cubs will have a better idea of how much money is left to spend after they sign Theriot, Marshall, and Marmol.

That's it for now, but I'll keep you posted!