I know this news will crush many of you, who were Blake DeWitt fans. (Sarcasm intentional!)
According to MLB Trade Rumors -- the only source of this story, thus far -- the Cubs have designated The Franchise for assignment to make room for Adrian Cardenas, who was claimed on waivers from the Athletics today. Here's a link to the official Cubs news release on these moves.
I admit, I thought DeWitt could become a decent major league player. When the Cubs acquired him from the Dodgers in the Ted Lilly deal, DeWitt was only 24 and had posted decent numbers in the major leagues at age 22. He never progressed beyond that, and though he had occasional success as a bench player, he neither developed power, nor had much speed, nor played good enough defense to be used as a defensive replacement.
Cardenas is a middle infielder who hit .314/.374/.418 in 545 plate appearances for Triple-A Sacramento in 2011, though he did not get called up in September. I presume he'll get a shot at winning a middle infield backup job in spring training.
So long, Franchise. At least we'll never have to see him try to play the outfield for the Cubs again.