The Cubs have promoted RHP Jim Henderson and LHP Paul Schappert from AA Tennessee to AAA Iowa and Matt Avery from high-A Daytona to AA Tennessee. Avery, a 6'6" righthander, was the Cubs' 9th round draft pick in 2005. The Cubs converted him to a reliver last year, and he ended up serving as low-A Peoria's closer, posting a 2.15 ERA in 67 innings. This season, he had a 1.61 ERA in 22.1 innings for Daytona. Henderson is a 24-year-old 6'5" righthanded reliver in his first season in the Cubs organization. He had allowed just 2 runs in 24 innings for Tennessee, striking out 25 while walking 10. Schappert was Daytona's closer last year for part of the season. He also spent half the season in double-A. This year, he had a 6.23 ERA in 30.1 innings for Tennessee.

Major league baseball held its Rule 5 draft today. The Cubs gained two players and lost five.

The players gained: