Atlantic Coast Baseball League -- Named Bob Pertsas president.
Chicago Cubs -- Signed P Dave Smith (6-6, 23 saves, 2.39 ERA in 49 games for Houston Astros) to a 2-year contract with a club option for a third year. Agreed to terms on a 1-year contract with left-handed reliever Paul Assenmacher (7-2, 2.81 ERA, 10 saves in 74 appearances). Placed P Randy Kramer (0-3, 4.50, 4 saves in 22 appearances) on waivers to give him his unconditional release.
Cincinnati Reds -- Designated left-handed reliever Rosario Rodriguez (0-0, 6.10 ERA in nine games with Reds) for assignment.
Los Angeles Dodgers -- Designated P Terry Wells for assignment.
Philadelphia Phillies -- Signed P Danny Cox (56-56, 3.40 ERA in 7 major-league seasons) to Class AAA contract with Scranton/Wilkes-Barre.
Seattle Mariners -- Ken Griffey Sr. (.377 in 21 games) signed a one-year contract for $700,000.