The team announced a deal sending right-handed starting pitcher Paul Maholm and outfielder Reed Johnson to the Atlanta Braves in exchange for right-handed pitching prospects Aroldis Vizcaino and Jaye Chapman.
The Cubs also dealt catcher Geovany Soto, the 2008 Rookie of the Year, to the Texas Rangers for right-handed pitching prospect Jacob Brigham. However, that deal has not yet been announced by either ballclub.
Both Johnson and Soto were seen bidding farewell to teammates during Monday's game, a 14-4 Cubs win over the Pittsburgh Pirates.
According to FOX Sports' Ken Rosenthal, the Cubs may be close to a deal sending Matt Garza to the Cincinnati Reds, who have made a push for the 27-year-old starting pitcher. Rosenthal also reports that the Cubs are "trying to bend over backwards" in an attempt to send starting pitcher Ryan Dempster to the Los Angeles Dodgers.
Tuesday's 3:00 CT. trade deadline could be a busy one for first-year Cubs president Theo Epstein.