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Cubs Rumors

Adbert Alzolay To Undergo Tommy John Surgery

By Darragh McDonald | August 7, 2024 at 11:58pm CDT

Cubs right-hander Adbert Alzolay will undergo Tommy John surgery, per manager Craig Counsell. Maddie Lee of the Chicago Sun-Times relayed the news on X. It was reported last week that the righty would be going under the knife but the specific nature of the procedure had not yet been determined. He’ll miss the remainder of this season and could miss all of 2025 as well.

It’s obviously an unfortunate blow for Alzolay and the Cubs. The righty seemed to unlock something last year after moving from a starting role to a full-time relief role. He tossed 64 innings over 58 appearances for the Cubs last year, allowing 2.67 earned runs per nine. He struck out 26.5% of batters faced, limited walks to a 5.1% clip and kept the ball on the ground 42.2% of the time. He even secured the closer’s job, nabbing 22 saves last year.

He did miss about two weeks in September with a right forearm strain, which now looks in hindsight like it was an omen of what was to come in 2024. He made 18 appearances to start this year but with less effectiveness. He only struck out 17.3% of batters faced and had an ERA of 4.67. The Cubs put him on the IL on May 13, announcing that he had a right forearm strain. The next day, they told reporters that imaging confirmed Alzolay had a right flexor strain, per Lee on X.

There was still some hope of him returning, as he started a rehab assignment in July. But he made just three appearances there before it was reported that he would require some type of surgery, which was a vague update until today’s developments.

Now that he’s slated for the worst-case scenario of Tommy John surgery, Alzolay’s entire 2025 season is in jeopardy. Pitchers usually require 14 months or more to come back from such a significant operation, a timeline that will make it possible he won’t see official game action until 2026. He’s currently 29 years old but will turn 31 in March of 2026.

He reached arbitration for the first time coming into this year and is making a salary of $2.11MM. Given how much time he has missed, the Cubs could retain him around that price for 2025 but likely wouldn’t get anything for that investment except the right to hold onto Alzolay’s rights for the 2026 campaign, the last before he’s slated for free agency. Teams and players in this situation will sometimes work out an extension to cover the rehab period and the pitcher’s planned return to the mound, so perhaps the Cubs will talk to Alzolay’s reps this winter about such an arrangement.

In the meantime, the club’s bullpen figures to be in flux, for this year and next. Héctor Neris is handling the closing duties this year but isn’t a guarantee to come back in 2025 as his one-year deal has a $9MM club option that converts to a player option if he makes 60 appearances this year. He’s currently at 42. Mark Leiter Jr. is leading the team in holds but he was traded to the Yankees prior to the deadline. Yency Almonte and Porter Hodge are tied for second in that category but Almonte is done for the year due to shoulder surgery. Tyson Miller and Drew Smyly are next on that list but Smyly is likely headed for the open market as his deal has a 2025 mutual option and those are almost never picked up by both sides.

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Chicago Cubs Newsstand Adbert Alzolay

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Cubs Sign Lucas Luetge To Minor League Deal

By Nick Deeds | August 7, 2024 at 6:14pm CDT

The Cubs have signed left-hander Lucas Luetge to a minor league deal, according to MassLive’s Chris Cotillo. Luetge had spent the season in the Red Sox organization to this point but opted out of that arrangement last week.

A veteran of seven MLB seasons, the 37-year-old Luetge made his big league debut with Seattle back in 2012. The lefty spent four seasons shuttling between the majors and the minors with the Mariners, and during that time he posted a 4.35 ERA with a 4.27 FIP in 111 appearances in the majors with a similar 4.21 ERA across 94 appearances in the minors. Luetge’s middling numbers and a subpar 19% strikeout rate that he paired with an elevated 12.1% walk rate led the Mariners to outright him off their 40-man roster in September of 2015.

That outright kicked off a five-year stretch without appearing in the majors for Luetge. During those years, the southpaw bounced between the Reds, Orioles, Diamondbacks, and Angels organizations. He struggled badly with the Reds, Orioles, and Angels but enjoyed a resurgence at the Triple-A level with Arizona in 2019, pitching to a 3.14 ERA in 43 innings of work with a solid 25% strikeout rate at the highest level of the minors. The cancelled minor league season in 2020 prevented Luetge from building on that success, but the lefty finally landed another opportunity in the majors in 2021 when he made the Yankees’ Opening Day roster out of Spring Training.

While in the Bronx, the southpaw enjoyed the best seasons of his career and worked his way into being a preferred left-handed option for manager Aaron Boone while with the club for the 2021 and ’22 seasons. In 129 2/3 frames for the Yankees in those seasons, Luetge dominated to the tune of a 2.71 ERA with a 2.92 FIP while seeing massive improvements in his strikeout and walk rates as compared to his time in Seattle. He struck out 25% of batters faced for New York while walking just 5.8%, making him one of the more valuable relievers in the club’s bullpen during his tenure in the Bronx.

Given that status, it was something of a shock when the Yankees designated him for assignment early in the 2022-23 offseason. He was dealt to the Braves shortly thereafter and began the season in the Atlanta bullpen, although that stint was fairly short-lived as he allowed eleven runs in 9 2/3 innings of work in his first nine appearances as a Brave. The lefty was outrighted off the club’s 40-man roster but remained with the organization at the Triple-A level long enough to return to the majors down the stretch for four scoreless innings. The Braves did not retain him for the 2024 campaign, however, and that led him to a minor league deal with Boston. He pitched very well in his stint at Triple-A Worcester this year with a 3.02 ERA and 26.7% strikeout rate, but was unable to crack a fairly deep Red Sox bullpen that had plenty of left-handed options.

Fortunately for Luetge, it’s not difficult to imagine him finding greener pastures in Chicago. While the Cubs’ bullpen has been the best in baseball by ERA since June 1, the club has only veteran lefty Drew Smyly available as a left-handed option following a lat strain that’s likely to put fireballer Luke Little on the injured list for the remainder of the 2024 campaign. Veteran reliever Mark Leiter Jr. helped to fill in the gaps as a rare right-hander who pitched better against southpaws thanks to his impressive splitter, but Leiter was dealt to the Yankees ahead of the trade deadline. That leaves a fairly clear opening in Chicago’s bullpen for another southpaw, and it’s certainly possible to imagine the Cubs opting to give Luetge a look in the majors at some point during the stretch run.

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Chicago Cubs Transactions Lucas Luetge

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Cubs Sign Adrian Houser To Minor League Deal

By Darragh McDonald | August 7, 2024 at 11:04am CDT

The Cubs have signed right-hander Adrian Houser to a minor league deal, according to his transactions tracker at MLB.com. He started yesterday’s game for Triple-A Iowa, tossing 46 pitches over 2 2/3 innings.

Houser, 31, started the year in the Mets’ rotation but was later bumped to the bullpen and eventually off the roster entirely. By the first week of May, he had made six starts but allowed 26 earned runs in 28 2/3 innings for an 8.16 earned run average. He then made two relief appearances before making his seventh start of the year, in which he allowed six earned runs in five innings.

He only pitched in relief from that point forward and had much better results. From May 26 to July 24, he tossed 31 2/3 relief innings with a 3.41 ERA. His 18.6% strikeout rate was low but his 6.2% walk rate and 51.6% ground ball rate were both strong.

Those numbers were roughly in line with his previous track record. From 2019 to 2023 with the Brewers, he made 120 appearances, 97 of those being starts. In that time, he had a 4.04 ERA, 19.2% strikeout rate, 9.2% walk rate and 52.5% ground ball rate.

That suggests Houser was more or less the same guy with the Mets this year, apart from the rough start to the campaign. Though he had gotten things back on track, the Mets were getting various injured pitchers back from the IL and needed roster spots, nudging Houser off.

Since Houser has more than five years of major league service time, he had the right to reject an outright assignment while retaining all that remained of this year’s $5.05MM salary. Since he was bound for the open market anyway, the Mets simply released him. That leaves them on the hook for what’s left of that salary while the Cubs will only have to pay him the prorated league minimum for any time spent on the roster, with that amount subtracted from what the Mets pay.

The Cubs’ major league rotation is in a decent spot, consisting of  Justin Steele, Shota Imanaga, Jameson Taillon, Javier Assad and Kyle Hendricks. But they have some starting depth on the shelf right now, as each of Ben Brown, Jordan Wicks and Hayden Wesneski are on the IL. Prospects like Cade Horton and Kohl Franklin are also injured at the moment, further thinning out the emergency options. Based on yesterday’s usage, it seems the Cubs will stretch Houser out and he will give them some experienced non-roster depth who can be called upon for essentially no cost at some point.

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Chicago Cubs Transactions Adrian Houser

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Doug Creek Passes Away

By Darragh McDonald | August 2, 2024 at 11:48pm CDT

Former major leaguer Doug Creek has passed away, according to multiple sources, including The Journal out of Martinsburg, West Virginia. The left-hander died at the age of 55 due to the effects of pancreatic cancer.

Creek was born in Winchester, Virginia in 1969 and went on to attend Georgia Tech. He worked as a starting pitcher for the Yellow Jackets and was drafted by the Cardinals with a seventh-round pick in 1991. In the minor leagues, he continued working out of the rotation until he got near the majors and was then shifted into a relief role.

He was able to make his major league debut with the Cards in 1995, tossing 6 2/3 scoreless innings that year. Prior to the 1996 season, he was traded to the Giants alongside Rich DeLucia and Allen Watson for Royce Clayton and a player to be named later, who was later named as Chris Wimmer.

Creek made 63 appearances for San Francisco in 1996 but with a 6.52 ERA. In 1997, an attempt was made to get Creek stretched back out, though without success. He had a 6.75 ERA in three major league starts and a 4.93 ERA in Triple-A. He went overseas for the 1998 season, pitching for the Hanshin Tigers of Japan’s Nippon Professional Baseball. He made six starts and one relief appearance with a 5.65 ERA.

He returned to North American ball and then spent the next few years as a journeyman left-hander, pitching for the Cubs, Devil Rays, Mariners, Blue Jays and Tigers. He finished his career with 289 1/3 innings pitched over 279 appearances. He had a 5.32 ERA, 22.2% strikeout rate and 15.1% walk rate. After leaving the baseball field, he headed out to the water. According to his obituary, he became a charter boat captain in Tampa Bay and competed as an angler on the Redfish Circuit.

We at MLBTR join the baseball world in sending our condolences to Creek’s family, friends, former teammates and coaches and all those mourning his passing.

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Chicago Cubs Detroit Tigers Nippon Professional Baseball Obituaries San Francisco Giants Seattle Mariners St. Louis Cardinals Tampa Bay Rays Toronto Blue Jays

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Cubs Claim Trey Wingenter

By Darragh McDonald | August 2, 2024 at 5:15pm CDT

The Cubs have claimed right-hander Trey Wingenter off waivers from the Red Sox, as first relayed by Hunter Noll of Beyond the Monster on X. The righty was designated for assignment by Boston in the trade deadline transactions frenzy earlier this week. The Cubs have optioned him to Triple-A Iowa, per Taylor McGregor of the Marquee Sports Network on X.

Wingenter, 30, signed a minor league deal with the Tigers in the offseason. In early July, he triggered an assignment clause in his contract that forced the Tigers to trade him if some other club was willing to give him a 40-man roster spot. The Sox were willing to give him that spot and acquired him for righty CJ Weins.

Though Wingenter spent almost a month on Boston’s roster, he was mostly on optional assignment and only made two appearances for the big league club. Those two outings did not go well, as he allowed seven earned runs in 2 1/3 innings. When combined with his previous work with the Padres and Tigers, he now has a 5.84 earned run average in 89 1/3 major league innings with a strong 31.9% strikeout rate but high walk rate of 12.3%.

After their deadline deals, the Cubs had an open roster spot to work with and have used it to grab Wingenter. His major league results haven’t been great but there are reasons he’s worth a flier. His fastball velocity has averaged in the 95-97 miles per hour range. Though he’s had trouble harnessing it at times, he’s also been able to get punchouts. He’s also been in good form in the minors this year, with a 3.03 ERA in 38 2/3 innings at that level. Though he’s walked 11.1% of Triple-A hitters he’s faced this year, he’s also struck out 34.5% of them.

He’s in his final option year and can be kept at Iowa for the rest of the year if the Cubs want, but he’ll be out of options next year. He has just over four years of service time and will be eligible for arbitration in the offseason.

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Boston Red Sox Chicago Cubs Transactions Trey Wingenter

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MLBTR Podcast: Trade Deadline Recap

By Darragh McDonald | August 1, 2024 at 11:59pm CDT

The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes, Steve Adams and Anthony Franco of MLB Trade Rumors to discuss…

  • Were the prospect prices high in this year’s trades? Is this a new normal due to the expanded playoffs creating a seller’s market? (2:15)
  • The three-team trade involving the Dodgers, White Sox, Cardinals, Erick Fedde, Miguel Vargas and others (15:40)
  • The Rays and Cubs, the buy-sell tightrope and the trade involving Isaac Paredes and Christopher Morel (29:30)
  • The Astros acquire Yusei Kikuchi from the Blue Jays for a three-player package and the connection to the the Dodgers acquiring Jack Flaherty from the Tigers but the Yankees reportedly being scared off by his medicals (48:00)
  • The Guardians acquire Alex Cobb from the Giants and acquire Lane Thomas from the Nationals (58:35)
  • The Orioles acquire Trevor Rogers from the Marlins and acquire Zach Eflin from the Rays (1:09:10)
  • Will teams have to be more aggressive in the offseason going forward if the expanded playoffs will make less good players available at the deadline? (1:20:35)
  • The Rockies and Angels held onto a lot of trade candidates (1:23:35)
  • The Marlins leaned in hard to seller status (1:31:40)
  • The Padres built a super bullpen (1:44:50)
  • The Braves acquire Jorge Soler from the Giants (1:47:40)
  • The Royals acquire Lucas Erceg from the Athletics (1:54:40)

Check out our past episodes!

  • Trade Deadline Preview – listen here
  • Top Trade Candidates, Hunter Harvey To KC And The Current State Of The Rays And Mets – listen here
  • Brewers’ Pitching Needs, Marlins Rumors And The Nats Prepare To Sell – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

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Athletics Atlanta Braves Baltimore Orioles Chicago Cubs Chicago White Sox Cleveland Guardians Colorado Rockies Detroit Tigers Houston Astros Kansas City Royals Los Angeles Angels Los Angeles Dodgers MLB Trade Rumors Podcast Miami Marlins New York Yankees San Diego Padres San Francisco Giants St. Louis Cardinals Tampa Bay Rays Toronto Blue Jays Washington Nationals Alex Cobb Christopher Morel Erick Fedde Isaac Paredes Jack Flaherty Jorge Soler Lane Thomas Lucas Erceg Miguel Vargas Trevor Rogers Yusei Kikuchi Zach Eflin

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Adbert Alzolay To Undergo Arm Surgery

By Anthony Franco | August 1, 2024 at 8:45pm CDT

Cubs reliever Adbert Alzolay is going to undergo surgery on his injured arm, tweets Sahadev Sharma of the Athletic. The team is still sorting out the details of the procedure, but it’s discouraging news for a pitcher who has been out for a few months with a flexor strain.

Alzolay has battled arm issues over the last three seasons. He lost almost all of the 2022 campaign to a shoulder strain. The righty missed a few weeks last September with a seemingly minor forearm strain, though the Cubs felt comfortable enough with his status to reinstate him for the last couple days of the season.

In the interim, Alzolay broke through as arguably Chicago’s best reliever. He worked to a 2.67 ERA across 64 innings last season. The Venezuelan pitcher established himself as the Cubs’ closer, saving 22 games in 25 attempts. He struck out 26.5% of batters faced against a meager 5.1% walk rate.

The Cubs were counting on Alzolay to anchor their bullpen again this season. That didn’t come to pass. He got out to a terrible start to the year, surrendering 13 runs (nine earned) over 17 1/3 innings. Opponents connected on six homers while his strikeout rate dropped by more than nine percentage points. Alzolay blew five leads while only successfully protecting four saves and one hold. His velocity was only marginally below last season’s levels and there’s no indication he was pitching through any kind of discomfort until reporting forearm soreness on May 13.

Chicago diagnosed Alzolay’s injury as a flexor strain. They shut him down entirely for a few weeks and transferred him to the 60-day injured list. Alzolay began ramping up a couple weeks ago and started a rehab stint with Triple-A Iowa in late July. He came out of his third rehab appearance after sustaining a setback.

The Cubs figure to provide more detail on the procedure and Alzolay’s timeline next week. An unspecified arm surgery looks as if it may impact his availability for the start of next season. If he requires any kind of ligament repair, it could put his entire ’25 campaign in jeopardy. The 29-year-old is making $2.11MM this season in his first year of arbitration. He’ll be in line for a similar salary in ’25 assuming the Cubs tender him a contract. He’s on track for free agency after the 2026 campaign.

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Chicago Cubs Adbert Alzolay

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Cubs Reinstate, Option Caleb Kilian

By Darragh McDonald | July 31, 2024 at 5:43pm CDT

The Cubs reinstated right-hander Caleb Kilian from the 60-day injured list and optioned him to Triple-A Iowa. The club had a couple of 40-man roster vacancies after their recent deadline dealings, so their count goes from 38 to 39 with this move. Additionally, catcher Tomás Nido had surgery on his right meniscus and will be out for four to six weeks. Both pieces of news were relayed on X by Meghan Montemurro of the Chicago Tribune.

Kilian, 27, was diagnosed with a teres major strain during Spring Training and was slated to miss several months. He landed on the 60-day injured list on Opening Day and has been there until today. He began a rehab assignment at the start of July and has made eight minor league appearances in recent weeks. Rehab assignments for pitchers come with a 30-day maximum, so Kilian was reaching the end of that window.

He’ll now provide the Chicago pitching staff with some depth. He has a 12.42 earned run average in his big league career, but in a small sample of 16 2/3 innings. He pitched 227 Triple-A innings over the previous two seasons with a 4.40 ERA, 22.2% strikeout rate and 9.6% walk rate.

He came into 2024 with 20 days of majors league service time and added roughly four months’ worth here on the IL, but is still shy of the 172 needed to get to a full year. He also came into 2024 with just one option season remaining and is now likely to be out of options next year. A player needs to spend at least 20 days on optional assignment in a season for that to count as one of his option years, so Kilian will use his final one here in 2024 if he’s not recalled again in the next 20 days.

Nido landed on the 10-day IL last week due to a right knee sprain. It appears it was determined that he needed to go under the knife to get the issue taken care of. The Cubs selected Christian Bethancourt to take Nido’s roster spot and share the catching duties with Miguel Amaya. Given Nido’s timeline, he could be back in the mix in September.

Those are the only three backstops on the 40-man roster at the moment, so the Cubs will have only non-roster depth if someone else gets hurt while Nido is out. Moisés Ballesteros might be next in line, despite his lack of major league experience, as he’s considered one of the top 100 prospects in the league and is currently in Triple-A.

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Chicago Cubs Transactions Caleb Kilian Tomas Nido

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Marlins Claim Jesus Tinoco Off Waivers From Cubs

By Nick Deeds | July 30, 2024 at 7:16pm CDT

Amid the flurry of trades prior to this evening’s deadline, the Marlins claimed right-hander Jesus Tinoco off waivers from the Cubs. Tinoco was recently designated for assignment by Chicago following their acquisition of right-hander Nate Pearson from the Blue Jays. A corresponding move was not necessary as Miami’s numerous trades today left several spots available on the club’s 40-man and active rosters.

Tinoco, 29, made his big league debut with the Rockies back in 2019. This is actually the righty’s second stint in a Marlins uniform as he pitched five scoreless innings for the club during the shortened 2020 season when they shocked the baseball world by sneaking into the expanded playoffs despite a -41 run differential. Overall, the right-hander has posted a decent 4.35 ERA ERA in 80 2/3 innings of work in parts of five seasons in the big leagues, though his solid 109 ERA+ for his career is belied by a bloated 6.58 FIP caused by rough peripheral numbers. During his time in the majors, the righty has struck out just 18.2% of batters faced while walking 13.4%. That 4.8 K-BB% is the 12th-worst figure among all MLB pitchers with at least 80 innings of work since the start of the 2019 campaign.

Brutal as those results have been, there was at least some reason for optimism about Tinoco’s future entering the year. The right-hander departed affiliated ball last year for a one-year sojourn in Japan’s Nippon Professional Baseball, and he posted an impressive 3.08 ERA in 64 1/3 innings of work overseas. While his strikeout rate remained below 20%, he cut his walk rate to a more palatable 9.2% that earned him another shot in affiliated ball. He signed with Texas on a minor league deal entering the year and has struggled in the majors but posted decent numbers in the minors across the Rangers, Royals, and Cubs organizations this year. His 5.79 ERA in 14 innings of work in the majors is well below par, but his 3.86 ERA in 28 Triple-A innings, most of which were pitched in the offense-inflated environment of the Pacific Coast League, offer some reason for optimism.

For the Marlins, Tinoco provides the club an arm who is immediately available to fill out a pitching staff that lost Trevor Rogers, Tanner Scott, Bryan Hoeing, and Huascar Brazoban in trades today. It’s difficult to project just how the club’s bullpen mix figures to shake out after such a major shakeup, although it seems safe to expect Tinoco to be used primarily in the middle innings given his lackluster track record at the big league level so far. As for the Cubs, the club appears to be fairly deep in bullpen options even after parting ways with Tinoco and shipping out both Mark Leiter Jr. and Hunter Bigge in deals this week. Julian Merryweather, Hector Neris, and Tyson Miller figure to get the bulk of high leverage opportunities, while Pearson figures to join youngsters like Porter Hodge and Ethan Roberts in handling the middle innings.

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Chicago Cubs Miami Marlins Transactions Jesus Tinoco

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Yankees Acquire Mark Leiter Jr.

By Darragh McDonald | July 30, 2024 at 1:20pm CDT

The Yankees announced that they have acquired right-hander Mark Leiter Jr. from the Cubs. In return, the Cubs will receive infielder Ben Cowles and right-hander Jack Neely. The Yankees had two open 40-man spots and jump to 39, while the Cubs drop down to 38.

Leiter, now 33, has been great for the Cubs over the past few years after a late-bloomer trajectory. The son of Mark Leiter and nephew of Al Leiter, the younger Mark made it to the big leagues by 2017 but didn’t impress in his first tastes of the show. By the end of 2018, he had a 5.53 earned run average in 114 big league innings. He then required Tommy John surgery early in 2019 and was on the shelf for an extended period of time. He signed a minor league deal with the Tigers in 2021 but didn’t get a call to the show.

A minor league deal with the Cubs going into 2022 turned into the opportunity he needed. He was selected to the big league roster by mid-April that year and eventually tossed 65 2/3 innings for the Cubs with a 3.99 ERA. He struck out 25.9% of batters faced while giving out walks at an 8.9% clip and kept the ball on the ground at a 48.9% rate.

Despite that generally strong work, he was nudged off the club’s roster in January of 2023. He had exhausted his final option year and so the Cubs designated him for assignment, with all 29 clubs passing on the chance to grab him off waivers. He elected free agency but re-signed with the Cubs on a minor league deal prior to the next season.

He was added back to the roster for Opening Day and has been a key part of the Chicago bullpen since then. Going back to the start of 2023, he has a 3.75 ERA in 100 2/3 innings. His strikeout rate is up to 30.9% in that time while he still has decent walk and ground ball rates of 8.8% and 47.1% respectively.

This year’s 4.21 ERA doesn’t look pretty but that’s mostly due to a tiny strand rate of 55%, well below the 71.9% league average. Since he’s striking out 34.9% of batters faced and also getting grounders at a 50.6% clip, his 2.11 FIP and 2.42 SIERA suggest he’s been about two runs better than his ERA would have you believe.

The Cubs have been balancing present and future needs at this deadline. Just over a week ago, president of baseball operations Jed Hoyer said that the club would be prioritizing “2025 and beyond” in their transactions. That didn’t necessarily point to a deadline selloff, as the club then went out and acquired Isaac Paredes from the Rays and Nate Pearson from the Blue Jays, with both of those players having multiple years of control.

But there were also some rumors that they might make some pitching available and there’s a logic to Leiter being moved out. Due to his unusual trajectory, Leiter still has a couple of years of club control remaining after this one. But given his age, the Cubs probably didn’t consider him a core piece of their future-focused agenda and made him available.

Those circumstances are likely also why the win-now Yankees wanted to get him. He only just qualified for arbitration for the first time coming into this season and is making $1.5MM, not much above this year’s $740K league minimum. The Yankees are slated to pay the competitive balance tax for a third straight year and finish well above the top tier. That means they face a 110% tax rate for any new spending, so Leiter’s minimal salary fits in nicely for them, and they can keep him around for two more years beyond this one.

While Leiter is cheap in terms of dollars, the Yankees have paid the price of two prospects to get him. Neely, 24, was an 11th-round pick in the 2021 draft. He’s been exclusively a reliever in his professional career, racking up significant strikeout totals. In 160 1/3 minor league innings overall, he has a 2.75 ERA, 38.8% strikeout rate and 9.4% walk rate. That includes 41 2/3 innings this year between Double-A and Triple-A with a 2.81 ERA, 36% strikeout rate and 9.1% walk rate. Baseball America currently lists him as the #20 prospect in the Yankees’ system.

Cowles, 24, was a 10th-round pick in 2021 and has played in 88 Double-A games this year. His .294/.376/.472 batting line leads to a strong 141 wRC+, indicating he’s been 41% better than league average. His .340 batting average on balls in play is high but he’s also got strong walk and strikeout rates of 10.3% and 17.7%, respectively. He also has 14 steals and has lined up at the three infield spots to the left of first base.

Both Neely and Cowles are Rule 5 eligible this winter, so the Yankees would have been facing a decision about whether or not to add them to their 40-man roster. Instead, they have cashed them in for an immediate bullpen upgrade, meaning those decisions will now transfer to Chicago.

Rob Zamparelli first reported on X that Leiter was headed to the Yankees. Jeff Passan and Kiley McDaniel of ESPN relayed the full trade on X.

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Chicago Cubs New York Yankees Newsstand Transactions Mark Leiter Jr.

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