Marcus Stroman has enacted the opt-out clause in his contract and will now become a free agent, the New York Post’s Jon Heyman reports (X link). Stroman’s three-year, $71MM deal with the Cubs from the 2021-22 offseason allowed Stroman to opt out of the final year of that contract, and the right-hander will be leaving $21MM on the table in search of a larger and more lucrative deal this winter.
Stroman faced one of the more interesting option decisions of any player on the market, as his 2023 campaign was a tale of two seasons. In the first half, Stroman had a 2.96 ERA over 112 2/3 innings and received an All-Star nod for his efforts. In the second half, Stroman had an 8.63 ERA over only 24 innings, as he missed about six weeks on the injured list. Initially sidelined with hip inflammation, Stroman was revealed to have a right rib cartilage fracture, which delayed his IL stint beyond what seemed like a fairly minimal 15-day absence. While the righty was able to make it back for the Cubs’ late-season playoff push, Stroman was limited to bullpen duty and shortened starts, as Chicago ended up missing the postseason.
Altogether, Stroman delivered a 3.95 ERA over 136 2/3 innings, with his usual outstanding (57.1%) grounder rate and a below-average (20.7%) strikeout rate. Good control has also been part of Stroman’s repertoire, but his 9% walk rate in 2023 was both the highest of his career and only in the 40th percentile of all pitchers. It is fair to say that Stroman’s injuries contributed to his struggles over the season’s last three months, though it also marks his second straight year with a notable injury absence. Between shoulder inflammation and a brief stint on the COVID-related IL, Stroman threw only 138 2/3 innings in 2022, barely above his 2023 total.
While not the ideal platform into free agency for a pitcher entering his age-33, Stroman and his reps at Roc Nation Sports should certainly be able to find a multi-year pact on the open market, worth well above the $21MM Stroman would’ve received from the Cubs. Stroman’s groundball-heavy approach may not quite fit the preferred mold for some front offices, yet it’s hard to argue with results, as Stroman has posted generally good results over his nine MLB seasons. At his best, Stroman has looked like a front-of-the-rotation star, with two All-Star nods on his resume and a seventh-place finish in AL Cy Young Award voting when he was a member of the Blue Jays in 2017.
Stroman will head into free agency without having to worry about a qualifying offer, as Stroman previously received (and accepted) a QO from the Mets following the 2020 season. The lack of draft compensation attached to his services could give Stroman a leg up on other starters on the market, and it also means that the Cubs won’t receive anything in return should Stroman sign with another team.
The Cubs reportedly had some degree of extension talks with Stroman this past spring, through the right-hander’s comments in June indicated that those negotiations were minimal at best. “Up until now, there’s been nothing from their side. No offers, no talks, really, at all,” Stroman said. Though Stroman made it clear that he wanted to stay in Chicago, the lack of contract discussions apparently lasted through the summer, as it seemed for much of the season that the Cubs were leaning towards trading Stroman at the deadline. However, Stroman’s second-half struggles and the Cubs’ own improvement and surge into the playoff race changed those plans, even if the irony was that Stroman wasn’t able to contribute much to the pennant race.
As recently as two weeks ago, The Athletic’s Patrick Mooney wrote that Stroman and Kyle Hendricks were “expected” to return to Wrigleyville in 2024, with Stroman passing on his opt-out and the Cubs exercising Hendricks’ $16MM club option. There hasn’t yet been word on Hendricks’ option, though the two sides are reportedly discussing a contract extension that might overwrite the option entirely. Speculatively, this situation might’ve impacted Stroman’s choice, as if he felt the Cubs were prioritizing Hendricks in their long-term plans, Stroman might’ve decided to seek out a longer-term deal with another team now, rather than spend one final year in Chicago. Stroman might’ve faced more trade buzz if the Cubs weren’t in contention, or another injury-marred season might’ve more fully hampered his free agent case in the 2024-25 offseason.
A reunion between Stroman and the Cubs probably shouldn’t be entirely ruled out, though Chicago has other pitching options. Assuming Hendricks stays in some capacity, the rotation lines up as Justin Steele, Hendricks, Jameson Taillon as the top three starters, and Javier Assad, Hayden Wesneski, and Jordan Wicks competing for the last two spots. Drew Smyly could also be involved if he doesn’t opt out of the final year (and $11MM) of his contract. It stands to reason that the Cubs will look to augment this group with at least one veteran arm, whether Stroman or another free agent or trade chip.
drasco036
And Chicago breathes a collective sigh of relief.
thebirds
Why? He was good for Chicago.
drasco036
Payroll… he was good for the Cubs but the Cubs didn’t have much payroll flexibility and we have bigger needs than starting pitching.
I Like Big Bunts
He was good….when healthy. He’ll be 34 soon and I won’t want him back for the next two years. Frees up cash.
Logjammer D"Baggagecling
They Cubs have plenty of Payrooll flexibility. Jason Heyward is finally off the books. I was fully expecting Stro to opt in
drasco036
Actually they don’t. Heyward may be off the book but that money went to Happ and Hoerner. The Cubs are also paying Barnhart and Mancini still.
Awesom-O
Even before stroman they had money to spend with the intention of spending it.
Logjammer D"Baggagecling
They have give or take 150mil to spend this winter. And there’s slim chance they spend more.
drasco036
Now that Stroman opt out and Hendricks hasn’t been picked up officially, they are a shade under 47 million under the luxury tax. Hendricks counts for 14.5 million so they have roughly 32 million, most teams want to stay 5-10 million under for mid-season trades 25 million, plus non-tendering Wisdoms two million gives them 27 million roughly to spend.
drasco036
That isn’t how Cots has it calculated. Cots has the Cubs at 46 million now and that doesn’t include Hendricks or Gomes.
I’m not overly critical on Hoyer or Hawkins but they screwed up big time by allowing Barnhart and Mancini to die. I hated the Smyly deal since day one as well.
Cubs are in pretty bad shape if Ownership doesn’t allow them to go over the luxury tax threshold next season. Going over actually make sense with Smyly, Barnhart, Mancini and Hendricks coming off the books next year but they are going to be limited to signing guys on one year deals.
jade 2
Stro is 32 – he will be 33 next May 1.
drasco036
You are right, they do still have Stroman.
I find it interesting the Cubs haven’t picked up Gomes or Hendricks yet, I wonder if they are looking at declining Gomes in hopes he re-signs at a lower rate. Maybe offering him an extension?
I’d love for the Cubs to go all in on Yamamoto and if they are able to sign him, flip Hendricks now or mid-season.
Jiggs
I used to stick up for Hoyer, the guy is awful at signing FA’s. He should just stop! Fans love Swanson now, but wait until the end of this deal.
rememberthecoop
Starting in July he was not good at all. Of course, he was not healthy.
drasco036
I didn’t think Stroman would exercise his option, I think he’s looking at 3/45-51 million based on his second half collapse. I could incentive based that could drive that up to 60 plus million though
drasco036
I guess it kind of depends on Amaya and what the Cubs see there. I could see them thinking 5 million is too much for Gomes (maybe bring Barnhart back since we are paying him anyway) and go another direction for a back up. Maldonado is a free agent.
But I could definitely see the Cubs maybe wanting Gomes to sign on an additional year at 3 million for a back up role in 2025
Degaz
Seriously not sure what Stroman is thinking. He was awful down the stretch. No way he gets more than $21M
Blue Baron
Seriously, not sure what you’re thinking.
We can be reasonably sure that his representatives know the market for his services better than you do, since it’s, you know, their job.
Degaz
Good lord….sheep much? You mean like Ozzie Albies?? Yeesh
Blue Baron
Good lord….ignorant much?
Catuli Carl
Yeah how dare he voice a question lots of people shared in the comment section of a baseball rumors site. I mean sports agents have never made a bad decision ever.
Blue Baron
Not with money coming from anyone commenting on threads like this.
Degaz
LOL
egrossen
He’s getting up there in age, so it’s possible he’s looking for security (multi years) more than a higher salary.
jade 2
He’ll get 40 mil+ contract from someone. Might be a 3 yr contract, but 40 million is better than 21 especially when one injury could end your career.
Fred K. Burke
That’s surprising to me. He must be healthy and feeling really confident. Obviously looking at multiple year deal that will exceed the 21 million on the table. Personally, I think the Cubs are better off. Hopefully the front office uses that money they save is spent wisely.
motor
Stroman has never lacked confidence. One thing he’s never been short on in his career
Blue Baron
Which is a major reason he’s a big leaguer.
Type O Negative
So was Wayne Tolleson
Blue Baron
Wayne Tolleson was also a big leaguer.
For every player who reaches The Show for even a cup of coffee as a bench player, there are dozens or hundreds of others who never get there at all.
BaseballGuy1
I would not call it confidence exactly. Always one to run his mouth and talk himself up. Always been a potential headcase near the edge of going over.
Blue Baron
@BaseballGuy1: Call it what you want, but he obviously has what it takes to reach The Show and stay there for a number of years.
Most players don’t, so they never make it.
Still in talks
Only thing he’s been short on is height.
tbone0816
I wouldn’t mind him coming to the Cardinals
The Natural
Neither would the Cubs.
I Like Big Bunts
That helps the Cubs.
uvmfiji
Head case. Cubs are lucky.
rememberthecoop
Good news for Cubs fans. Stroman was awful in the 2nd half last year. This gives Hoyer another 21M to spend on a more consistent starting pitcher.
rondon
Couldn’t agree more.
PutPeteinthehall
Understand it even if he ends up getting less AAV. 32 years old last chance at multi year contract. 4/80 from someone.
kidnova
Longer term is the only thing that makes sense, but I don’t see anyone giving him $20m AAV. I’d guess 4/65 or something in that range.
Fred K. Burke
It’s possible. Nothing should surprise us when it comes to salaries in major professional sports. He likely signs late in the off season. Stroman may likely need to showcase he’s healthy and fit in front of front office office people.
YankeesBleacherCreature
I doubt that he isn’t healthy or won’t past his physical if he’s opting out now. He can pay for a physical himself before he made that decision.
unpaidobserver
4/80? More like 2/30
Degaz
He’s not getting 4/80. I’ll take the under
acoss13
I say Cubs should trade for Glasnow, and take on the entire 25 million salary. They need a power pitcher, and he’s been healthy enough.
I Like Big Bunts
No. Has never pitched over 120 innings and is injury prone.
rondon
His upside is much higher than Stroman’s. If they solidify that bullpen, he might not have to pitch more than 120 innings.
The Natural
Whew!! As a Cub fan, thanks for all the good starts Marcus. Hope you get a longer term deal that suits you.
He lost me when during about the hottest two month stretch of his career, he lobbied the Cubs for a long term deal in the media. I don’t think his first half success last year is repeatable and if so, not for long. Money will be far better spent elsewhere.
acoss13
He praised the Giants as one of the organizations he liked and they have the need for a starter, and money available. In a pitcher friendly park like Giants’s park, he’d do well there.
Oldguy58
It frees up a lot of money but the question is will the Cubs spend it or will ownership keep it.
The Natural
Change your handle to Richard Cranium
Blue Baron
Who are you to call him greedy? It’s his life and career, not yours.
All he’s doing is making a business decision based on market conditions. There’s no need for judgment or emotion on anyone’s part.
Hannibal8us
He calls Stroman greedy even though we’d all do exactly the same thing if we were in his shoes.
Type O Negative
He’s a fan, so he can voice his opinion.
Stroman will sucker a team into a big 2-3 year deal, and they deserve what they get. He was awful against good teams. “Oh look, he beat Boston, the Mets and Pittsburgh twice. “
Blue Baron
@Type O Negative: Baseball is a business. Teams and players make business decisions.
No team will make him or any other player an offer they don’t consider good business, taking into the risks and possible rewards.
There’s no “suckering” involved. All parties proceed with their eyes open.
JoeBrady
There’s no “suckering” involved. All parties proceed with their eyes open.
============================
Excellent response. Everyone makes choices. Same us all of us. I’m not greedy for thinking that my house is worth $10k more than you are willing to pay. And you’re not greedy for disagreeing with me.
Blue Baron
I love people on here use words like that, as if they think one party can get over on another.
NoNeckWilliams
But it’s okay for fans to continually refer to owners as “greedy”, right?
Kayrall
BiLlIoNaIrEs BaD
Blue Baron
@NoNeckWilliams: Fans have a greater inclination to call players greedy as if they want too much money from the poor, money-losing owners.
The Natural
You should read the story about the Padres in yesterday’s Athletic. Padres had to borrow $50 million to make payroll near season end and per the article it’s common practice for many teams (7 or so typically?) to need to borrow for the same reason every year.
JoeBrady
Yup, the Reds’ owner getting castigated for not reaching into his pocket to give Votto $13M to sit on the bench.
Just to repeat, every single person in here would be making identical decisions if it was their money.
NoNeckWilliams
Wow, that’s really stupid and inaccurate.
ChrisEnvy76
Billionaires are bad. You can’t, in any way, earn billions of dollars. The only way you make billions is by leaching off the labor value of those beneath you.
NoNeckWilliams
Some athletes will soon be billionaires… as will Taylor Swift.
Who are they abusing?
Wheeler Dealer
He sucks thank the lord the me first pos left
Blue Baron
@Wheeler Dealer: Why do you feel the need to bring God into this?
Wheeler Dealer
You can leave anytime satan
Blue Baron
No need for that and no need for you to go all Christian about baseball.
And what’s up with mentioning God and calling someone a pos in the same sentence? That’s blasphemous, Mr Peter Paul Mounds.
Catuli Carl
Wtf are you talking about? You think someone saying “thank the lord” or “thank god” constitutes them bringing god into the conversation? Are you one of those cringey edgelord atheists who seethes and cries every time he sees “In God We Trust” printed on a dollar bill?
Blue Baron
What do you call it? And what do you have against atheists or anyone who doesn’t share your beliefs?
NoNeckWilliams
You’re obviously a weirdo, who exercises his own freedom of speech, while trying to censor others.
Blue Baron
“Wow, that’s really stupid and inaccurate.”
– NoNeckWilliams
NoNeckWilliams
When you’ve obviously got nothing to say, please don’t feel obligated to post.
Blue Baron
Says the guy who resorts to name-calling when he obviously has nothing to say.
Blue Baron
That was a personal attack, so you automatically lose the argument. Sorry.
If you actually have a point and would like to restate without the hostility and personal comments, please do.
Otherwise, thanks for nothing, and I will take my win and go home with my head held high while you crawl back under your rock.
Unclemike1525
At least one thing is going Hoyers way. If he’s smart now he’ll decline Hendricks option and give himself 35 million bucks to play with, On top of what he has already which according to Spotrac will be between 50 and 60 million.
Spotswood
Wrong again BJ McKay…
thebirds
Cardinals?
Shawn W.
Dodgers need starters. Think Stroman gets a three year deal from Friedman ?
l9ydodger
Certainly hope not!
Carlcarlson
Can we finally get Stroman to be Astroman? Please.
Blue Baron
Why?
MLB Top 100 Commenter
It is word play
A Stroman
Astro man
Blue Baron
LOL
I Like Big Bunts
Whew. Sigh of relief. Use the cash to re-sign Cody or make a run at Shohei.
Unclemike1525
Cody -maybe. Ohtani- Don’t make me laugh.
Logistics Guy
A story In Chicago business newspaper Crain Chicago had a sit down with Laura R one of Chicago Cub owners.
And reporter view after the Interview was Cubs ownership was disappointed the home attendance only had a small Increase over 2022.
Just wondering if this will have affect In amount of money. That Jed Hoyer has to spend this off-season.
#justasking
YankeesBleacherCreature
Or raise prices bc the fans who do come don’t mind paying higher prices and make up the difference in revenue. Looking at you Yankee Stadium.
The Natural
They did in fact lower their 2023 ticket prices from 2022’s.
This one belongs to the Reds
Good luck getting more than that the way his season ended.
LordD99
Was Corey Seager greedy? 🙂
Type O Negative
I know you didn’t just compare him to Stroman
baseballteam
How long into the new contract does he become controversial?
Jake1972
Well, I hope Hoyer lets him walk away and does not offer him any long-term contract.
Sign Cody, Matt Chapman, and one top of the rotation pitcher and roll the dice.
Dogbone
Signing Chapman for more than one year would be absolutely foolish.
MLB Top 100 Commenter
I predict he will sign a contract with Cubs with a much lower AAV and incentives/bonuses
The Natural
I don’t think the Cubs will touch him. With Assad and Wicks being pretty similar pitchers (control, grounders, average ar best in Ks) and being way, way cheaper and younger, they don’t need Stroman at all.
Personally, I think what we saw the last couple months out of Taillon is repeatable and who he is. Add in Steele and most likely Hendricks with Assad and Wicks and that’s five. I expect Cade Horton to be kicking the door down by the break. And, maybe they’ll spend for a guy who is closer to ace status?
Dogbone
I do hope Hendricks is resigned for a year. But the Cubs will be very careful with the innings they allow Horton to throw this season – I’d say around 125 – 130 tops. I could see him remaining In Arizona before heading to Iowa in early May.
I don’t trust Taillon as far as I can throw him. I believe the Cubs need to sign or trade for, one more reliable starter – a 2/3 type would be my preference.
Still in talks
Think about it this way: when we look at really rich people, they always seem to want even more money. They go after it by investing in different things, finding ways to pay less in taxes, and sometimes even getting involved in politics. But why? Why do billionaires who already have more money than they could ever spend still keep trying to get more? It all comes down to greed, that strong desire for more.
And the thing is, this desire for money and power is something that affects everyone, not just the super-rich. It’s like a force that’s hard to resist. So, when someone tries to say they’re not driven by greed, they’re usually not fooling anyone, because in the end, that desire for more tends to win out.
JoeBrady
Why do billionaires who already have more money than they could ever spend still keep trying to get more?
==============================
But Stroman is not a billionaire. He’s only made $100M. Why shouldn’t shouldn’t he be allowed to pursue more?
Still in talks
Learn to read, I never said he shouldn’t.
Aaron Sapoznik
This decision was a huge question mark late in the season and could be a blessing for the Cubs and their upcoming offseason plans. Stroman opting out gives the Cubs much more flexibility in regards to their starting pitching and offseason spending in general.
cubfan16
Good now sign Yamamoto
cubfan16
Good now go sign Yamamoto
The Natural
Forgot all about Smyly.
longines64
Maybe the only guy who pitched for 2 different countries in the WBC.
padam
If he’s looking for years, I get it. If he thinks he’s worth more than $21M per, he’s off the wall. 34 years old, nagging little injuries, and prone to being streaky doesn’t bode well for him. 4/5 in the rotation at $15M per for 3-4 would be my guess. I’d have kept the $21M and hope the Cubs improve the team to where he could’ve improved his numbers, etc. for one last multi year contract grab.
Cmurphy
He’s actually 32, 33 near the start of next season. He can probably get a 3 or 4 year contract to end his career but I wouldn’t give him more than 15M as you said.
padam
Thanks for the correction on his age.
Ticky33
I Wouldn’t mind the Tigers Signing him for 2 or 3 years he would be a Good/strong number 3 Also I hope by some miracle The Tigers were able to steal Yamamoto From all the other teams that usually get all the Dang International signings he would probably be our Ace And I would be confident in saying that we would make to playoffs or wildcard at least next season if Those signings plus maybe a bat or 2 unless our prospects Pan out
its_happening
Stroman is looking for one last big contract and to build a brand. Good chance he will do both, and I believe in a year or two will make an announcement.
Wheeler Dealer
OMG thank you Santa said every smart Cub fan, Gee how do we replace a soft tossing injured 30 plus .500 pitcher? ️
Degaz
Not greedy but dumb. If his agent is advising to do this then he needs to be fired.
gbs42
Degaz, do you think Stroman will get less than $21M on his next contract?
Degaz
100% per year yes
Blue Baron
@Degaz: That remains to be seen. If he gets, say, $50 million for three years, it won’t look so dumb.
Degaz
Yes it will
Blue Baron
Not for him.
Jesse Chavez enthusiast
Stroman did look either gassed or toast in the second half. Hopefully for his sake he will increase his $
TrillionaireTeamOperator
At this stage of his career even just 2 years/$30M is better than 1 year/$21M.
If guys like Heaney are worth around $12M-$20M then Stroman is worth $17.5M-$27.5M. He can absolutely get 2 years/$38M to 3 years/$55M.
That’s a better guarantee than $21M.
Pitching premiums are absolutely bonkers right now.
Buckner
And the time has come to mute Mr. Blue Baron.
Just stop.
User 624265706
This is one player I don’t mind NOT coming back to the Cubbies.
holycow16
Goodbye.
gluedogg
Farhan on line #1
Mercenary.Freddie.Freeman
Good luck Stro! LOL
Blue Baron
For saying what? Where’s my comment?
justdadamaja
Thats because that crowd will move heaven and earth to go after a black guy that doesn’t keep his mouth shut or agree with them.