The Marlins have traded Kevin Gregg to the Cubs for 21-year old AA pitcher Jose Ceda. Despite having a decent season (7-8 with 29 saves and a 3.41 ERA), Gregg will be remembered for blowing several critical saves in August and September.

Update: The Sun-Sentinel says that Jose Ceda may actually be a pretty good prospect:

The Marlins got a near major league-ready power arm in return. Entering last season, Baseball America rated Ceda the fourth-best prospect in the Cubs system.

A native of the Dominican Republic, Ceda, who turns 22 in January, did nothing in 2008 to damage his projection as a future late-inning reliever.

He split time between high Class A Daytona and Double-A Tennessee, going a combined 4-3 with a 3.83 ERA, 42 walks, 95 strikeouts and 67 hits allowed in 84 2/3 innings. Ceda was a starter in the Florida State League, but where he excelled was as a reliever in the Southern League.

In 22 appearances for the Smokies, Ceda had a 2.08 ERA with 14 walks, 42 strikeouts and a .234 opponents’ batting average in 30 1/3 innings. Two seasons ago for low Class A Peoria, he held opponents hitless over his final 15 appearances (23 1/3 innings).