Manager Craig Counsell said Friday that Palencia (elbow) is hopeful to return to the Cubs' bullpen in mid-August, Jesse Rogers of ESPN.com reports.
Counsell noted that Palencia has been slow to progress through his rehab program, as he's had to repeat a few steps along the way, so his absence could potentially extend into late August or September if he continues to show minimal progress. In the meantime, Jacob Webb and Trent Thornton will be in the mix for saves in Chicago.