Update 4:50 CT- The trade has been finalized. Derrek Lee has been sent to the Atlanta Braves. In return the Cubs get RHP Robinson Lopez, RHP Tyrelle Harris, and LHP Jeffrey Lorick. Lee will be available for Friday's game at Wrigley Field between the Braves and Cubs and is expected to make his Braves debut against his former team this weekend.
Update 12:40 CT- Bob Nightengale tweets that the deal will be finalized this afternoon.
The Cubs are close making a waiver trade that would send Derrek Lee to Atlanta. David Kaplan, who broke the news on his blog this morning, reports that Lee will waive his no trade rights and approve this trade because the Braves are a playoff contender that would give him a chance for another World Series ring.
The trade was first talked about on Sunday night when Jim Hendry was contacted by the Braves GM after Chipper Jones went down with a knee injury. The deal is not finalized yet, partly because of the bulging disc in Lee's back which has had him out since Sunday.
Atlanta wants to make sure that Derrek is healthy before they add his contract. The Cubs are not expected to get much talent back in return for their first baseman, but they will get some salary relief.
I'll update with more information as soon as it's available!
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