The Cubs have outrighted righthander Mike Parisi to Triple-A Iowa according to a team press release. Chicago selected Parisi from the Cardinals with the 12th pick of the Rule 5 draft this past December.
As Derrick Goold of The St. Louis Post Dispatch explains, Parisi has already gone through the process of clearing outright waivers and being offered back to St. Louis as per the Rule 5 rules. However, since he had been outrighted once before in his career, Parisi was able to elect to become a free agent, which he informed the Cardinals he would do instead of returning to their minor league roster. So after all that, the Cubs retained Parisi on a minor league contract.
The soon to be 27-year-old got smacked around in seven Spring Training outings (7.45 ERA), though he owns a 4.27 ERA in the minors with a 6.6 K/9 and a 3.3 BB/9. He threw 23 innings with St. Louis back in 2008, walking more batters (15) than he struck out (13).