ESPN is reporting that Nomar Garciaparra has just been traded to the Cubs. More details when they come.

UPDATE (5:00pm ET):
Miraculously, it looks like the Cubs somehow pulled off the trade without giving up Matt Clement. It's a four-team trade, and early reports have the Cubs shipping off Alex Gonzalez, Brendan Harris, and Francis Beltran.

On paper, this is nothing but a brilliant trade for the Cubs.

UPDATE (5:20pm ET)
CUBS
Nomar Garciaparra
Matt Murton
cash

RED SOX
Orlando Cabrera
Doug Mientkewicz

EXPOS
Alex Gonzalez
Francis Beltran
Brendan Harris

TWINS
Justin Jones

All three prospects involved in the four-way trade come from the Cubs. According to Baseball America, Justin Jones was the Cubs #2 prospect entering the season, Brendan Harris was #8, and Beltran we're all fairly familiar with. While Harris was having a solid year at AAA, Jones's star has likely dimmed just a bit after missing some time earlier this year and putting up good-but-not-great numbers for Lansing (64.3 innings, 59/22 K/BB ratio, 3.78 ERA, 6 HR allowed).

UPDATE (5:50pm ET)
The Cubs also get Matt Murton and cash from the Red Sox in the deal, which I added to the chart above. Matt Murton was an A-level outfielder with the Red Sox's High-A club. To this point in the year, his line has been 301/372/452.

Murton entered the year as the Red Sox's #5 prospect, according to BA. They had this to say about him:

"The Cape’s 2002 home run derby winner, he has more pop than any hitter in the system. Boston makes all of its players in Class A or below keep notebooks on hitting, something Murton already did on his own. He runs well for his size and is a four-tool player."