Despite media reports to the contrary--mostly Web sites, apparently--the Cubs are categorically denying they've made a 3-year/$45 MM offer to Jason Schmidt.

If some rumor monger fashioned the story out of thin air, I say kudos to him. I like the specificity of the report, though personally, I would have gone with something like 3 years/$46MM: the unevenness of the amount split over three years makes it even more credible.

If the Cubs are lying, I'm not surprised.

One of these days, I'm going to mong some rumors myself. It's been an ambition of mine since shortly after I was introduced to the Interweb.

If you have any good ideas for rumors, let me know.