UPDATE: Carrie Muskat of Cubs.com is reporting this trade is dead.
#Cubs source says Marmol-for-Haren trade "not happening"
— Carrie Muskat (@CarrieMuskat) November 3, 2012
Source confirms Marmol traded to Angels for Haren.— Gordon Wittenmyer (@GDubCub) November 2, 2012
Ken Rosenthal of FOXSports.com says, however, the deal isn't sealed quite yet.
Rosenthal added that Marmol would have to waive his no-trade clause in order for the deal to be finalized.
The Angels have been waiting to make a decision on Haren's $15.5 million option for 2013, shopping him on the trade market in the process. The 32-year-old posted a 4.33 ERA and 1.29 WHIP over 30 starts for the Halos last season.
Marmol is set to make $9.8 million next season. The 30-year-old has always had dominant stuff, but struggles with his control. He had an 11.7 K/9, but also averaged 7.3 BB/9 over 55 1/3 innings with the Cubs last season while picking up 20 saves.
The Angels had the third-worst bullpen ERA in the American League last season (3.97).