12:24pm: The transaction was actually a waiver claim by Texas, reports MLB.com's Carrie Muskat (on Twitter). The Rangers will take on Murphy's $825K salary. Meanwhile, for the Cubs, prospect Mike Olt, who was acquired from Texas last year, could be headed for an Opening Day gig.

12:16pm: The Rangers have acquired infielder Donnie Murphy from the Cubs, reports ESPN.com's Jerry Crasnick (via Twitter). Presumably, Murphy will serve as the fill-in for Jurickson Profar while he rehabs.

Murphy, 31, saw the most extensive action of his career last season, posting a surprising .255/.319/.530 line in 163 plate appearances. Over parts of eight years in the bigs, Murphy has accumulated a .215/.280/.405 line in 803 trips to the plate.