The Chicago Cubs have dealt outfielder Angel Pagan for two prospects.
Pagan, originally drafted by the Mets in the 4th round of the 1999 draft, spent two major league seasons with the Cubs posting a .255 batting average and hitting 9 homeruns in 318 at-bats. Pagan was originally slated to compete against Sam Fuld for the fifth outfielder's spot on the 2008 roster, but it looks like the Cubs are trying to make room for the 2007 Arizona Fall League MVP.
In return, the Mets have sent A-ball pitcher Ryan Meyers and outfielder Corey Coles the other way. Meyers, 22, served as the closer for Savannah (A) last year, recording 13 saves. Coles, soon to be 26, hit .342 with 27 doubles and 21 steals in a full season with St. Lucie (Advanced-A) in 2006, though he's struggled a bit while bouncing around different levels of the Mets' farm in 2007.
Meanwhile, it looks like rumors about closer Joe Nathan coming to the Cubs will not happen and the story with second baseman Brian Roberts has also considerably cooled down, though there's still a chance for that.