The Giants and Cubs discussed a trade that would have sent Kosuke Fukudome to San Francisco for Aaron Rowand, according to ESPN.com's Jerry Crasnick (all Twitter links). The bad contract swap appears to be a "long shot," however. If they can't trade Rowand, the Giants may listen to offers for Nate Schierholtz, according to Crasnick.
Cubs GM Jim Hendry pulled off a successful bad contract swap last offseason when he sent Milton Bradley to Seattle for Carlos Silva. Pulling off another such trade will be tricky, though. Rowand will earn $24MM through 2012 and Fukudome will become a free agent after earning $13.5MM in 2011, so the contracts are not perfect matches. Rowand has a limited no-trade clause and Fukudome has no-trade protection, so a potential deal could require the players' approval.
It hasn’t happened because he was a HORRIBLE fielder at 2nd with the Yankees but is around average for an outfielder.