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Cubs land a sleeper prospect

Updated: August 31, 2012, 1:10 AM ET
By Keith Law

The Cubs signed Juan Carlos Paniagua in mid-July for $1.5 million, a signing that was notable not just for its value but because it marked Paniagua's third contract with an MLB organization. He signed with the Diamondbacks in 2009 and pitched in the Dominican Republic, only to have the contract voided by MLB because he signed the deal under an assumed identity, and then went through a similar issue after signing with the Yankees in 2011 due to fraudulent idenfitication papers. His listed date of birth, April 4th, 1990, is considered unconfirmed by MLB, but unless he's actually 30 years old, it doesn't really matter given how good his arm is.

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