MLB Free Agency 2012: Cubs Get No. 54 Pick In 2012 MLB Draft As Compensation For Losing Carlos Pena

Carlos Pena signed a one-year deal with the Tampa Bay Rays recently, and because he was classified as a Type-B free agent, the Chicago Cubs get a "sandwich" pick in the 2012 MLB draft as compensation. That means the Cubs have added a draft pick between the first and second rounds, and according to Baseball America's Jim Callis, that pick is currently No. 54.

Related: MLB Free Agency 2012: Chicago Cubs To Receive Draft Pick Compensation For Carlos Peña

The Cubs have four picks in the top 68 of the 2012 draft, which could help Theo Epstein's rebuilding project get off to a solid start.

Stay tuned to SB Nation Chicago for more information, and for in-depth analysis on the Chicago Cubs be sure to visit Bleed Cubbie Blue. Visit Baseball Nation for more news and notes around the league.

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