Cubs, Brad Wieck Agree To Minor League Deal
The Cubs are in agreement on a two-year minor league contract with lefty Brad Wieck, reports Robert Murray of FanSided. The two-year term of the deal is due to the fact that the southpaw is expected to miss most — if not all — of the 2023 season after undergoing Tommy John surgery in July. Wieck is represented by CAA.
The 31-year-old Wieck has spent the past four seasons with the Cubs, pitching well when healthy but spending the bulk of his time on the injured list. The Cubs removed him from the 40-man roster by passing him through outright waivers after the season, and as a player with three-plus years of big league service time, that afforded Wieck the right to become a free agent.
In addition to the elbow strain that led to this past summer’s Tommy John surgery, Wieck also missed nearly all of the shortened 2020 season due to a hamstring tear. He’s also undergone a paid of cardiac ablation procedures to address an irregular heartbeat — once in early 2020 and a second time in July 2021. He hasn’t pitched in the Majors since that ’21 procedure, though that’s due largely to the elbow troubles that popped up in 2022.
Though he’s struggled to stay on the field, Wieck remains a promising potential bullpen option, and the Cubs clearly aren’t keen on letting him get away. He’s tossed just 28 innings with the team but has pitched to a pristine 1.93 ERA while fanning a mammoth 42.1% of his opponents. Wieck’s 13.2% walk rate in that time speaks to some command issues, but the immense strikeout prowess is clearly tantalizing.
Wieck is something of a long shot to factor into Chicago’s bullpen mix in 2023, given that his surgery was performed in late July. He’ll remain with the team in 2024 if he’s not an option this year, though, at which point he’d presumably be invited to Major League Spring Training. Wieck won’t accrue service time in 2023 since he won’t be on the Major League injured list, but if he makes the roster in 2024, he’d be controllable for another three seasons via arbitration.
Phillies Acquire Erich Uelmen, Designate Vinny Nittoli
The Phillies have acquired right-hander Erich Uelmen from the Cubs in exchange for cash and opened a spot on the roster by designating fellow right-hander Vinny Nittoli for assignment, per a team announcement. Uelmen was designated for assignment by the Cubs when they finalized their deal to re-sign southpaw Drew Smyly.
Uelmen, 26, made his big league debut with the Cubs in 2022, pitching to a 4.67 ERA with a 17.2% strikeout rate against a 9.8% walk rate in 27 innings. He averaged 93.8 mph on his heater, generally kept the ball in the yard (1.00 HR/9) and posted an above-average 47.6% ground-ball rate in that time.
That marked the continuation of a solid showing in Triple-A, where Uelmen tossed 42 innings with a 2.79 ERA and a huge 55.3% ground-ball rate. He also fanned 29.1% of his opponents in Triple-A, but Uelmen’s 12.8% walk rate clearly left plenty to be desired. He has a full slate of three minor league option years remaining, and he was dominant against fellow right-handers in 2022, limiting them to a .206/.282/.326 output.
Lefties had more success at .234/.390/.318, but if he can rein in his command, Uelmen could be a serviceable option against hitters from both sides of the plate. That’s easier said than done, of course, and Uelmen has walked 11.2% of the batters he’s faced in Double-A, Triple-A and the Majors combined.
Nittoli, 32, reached the Majors for the first time in 2021 when he tossed one inning for the Mariners. It was a tiny sample but a notable one for the former 25th-round pick, as it capped off an eight-year grind to the big league level. He split the 2022 season between the Yankees, Blue Jays and Phillies organizations, with Toronto flipping him to Philadelphia in an August swap. The Phils selected Nittoli to the Majors when rosters expanded on Sept. 1 and got a pair of scoreless innings out of him during his brief time with the big league squad.
Nittoli posted a 3.81 ERA in 52 innings between the Triple-A affiliates for the Yankees, Jays and Phillies in 2022, whiffing 30.8% of his opponents against a tidy 6.7% walk rate. He still has a minor league option year remaining, and the Phillies will now have a week to trade him or place him on outright waivers.
Cubs, Orioles Interested In Eric Hosmer
TODAY: It “looks promising” that Hosmer and the Cubs might work out an agreement, Heyman tweets.
DECEMBER 30: Free agent first baseman Eric Hosmer is “on the radar” of the Cubs and Orioles, per a report from Jon Heyman of the New York Post. Hosmer is a free agent after being released by the Red Sox earlier this off-season.
2022 was a challenging year for Hosmer. He was hitting .272/.336/.391 for the Padres at the deadline when they made their move to acquire Juan Soto and Josh Bell from the Nationals. Hosmer was originally part of the return going to Washington, but he exercised his limited no-trade clause to veto that deal. The Padres pushed ahead and ultimately sent Luke Voit to the Nationals instead, and flipped Hosmer (and his remaining salary bar the league minimum) to Boston with prospects Corey Rosier and Max Ferguson in exchange for Jay Groome.
Things didn’t pan out in Boston, as Hosmer hit .244/.320/.311 over 50 plate appearances before landing on the injured list with lower back inflammation and missing the remainder of the season. Given San Diego were paying almost all of his salary, there seemed a chance that Hosmer would remain with Boston in some capacity moving forward. However, the team DFA’d him earlier this month, opening up first base for rookie Triston Casas. There were reports that the Red Sox were trying to trade him prior to the DFA, but they evidently found little interest and Hosmer ultimately found his way back onto the open market.
While it’s been a slightly rocky road for Hosmer lately, and his eight-year, $144MM deal with the Padres has not panned out as planned, he can still be a productive player for a lot of teams. That’s particularly true when considering the fact that the Padres are still on the hook for his $13MM salaries over the next three seasons, and any new team would only have to pay him the league minimum rate for any time spent on the active roster.
Since 2020, Hosmer has slashed .271/.335/.407 with 29 home runs, good for a wRC+ 107. That’s a bit of a drop off from his best years but still represents an above-average player. He’s sacrificed a bit of power in that time, but has lowered his strikeout rate a bit from previous seasons.
The Orioles do make a fair bit of sense as a landing spot for Hosmer. As things stand, the right-handed Ryan Mountcastle is slated to handle the bulk of the reps at first base, with no clear option at DH. Hosmer, a left-handed hitter, could give them another first base/DH option to deepen their lineup, and provide manager Brandon Hyde with another option to tweak the lineup depending on matchups. With a young roster looking to take the next step towards contention, adding a World Series-winning veteran like Hosmer certainly wouldn’t hurt in the clubhouse either.
The Cubs also make sense as an option for Hosmer. They’ve already been linked with free agent first base options Trey Mancini and Dominic Smith this winter, so it comes as no surprise that Hosmer would be on their radar as well. The Cubs have been busy this winter, but Matt Mervis and Patrick Wisdom stand as the likeliest in-house candidates to man first base/DH in 2023, so adding a bona fide first baseman like Hosmer makes plenty of sense.
While both the Cubs and Orioles do make sense for Hosmer, it’s worth noting that there’s a fair few teams that would make some sense on paper, particularly at the minimal cost. The Cubs and Orioles do, however, present as two teams that have a clear path to regular playing time for Hosmer and are aiming to compete in 2023.
Steve Cishek To Retire
Relief pitcher Steve Cishek is retiring. “It’s time,” Cishek tells Rich Maclone of The Bourne Enterprise. “It’s gotten harder for me to bounce back game-to-game. The ball wasn’t coming out as crisp as before, and it felt like I had to pitch differently. I know I’ll get the bug and want to get back out there, but I don’t think I’m pulling a Tom Brady.”
Cishek was drafted by the Marlins in 2007 and eventually made his major league debut with them in 2010. He only got to pitch 4 1/3 innings that year but got a more substantial showing in the following season. He made 45 appearances in 2008, tossing 54 2/3 frames with a 2.63 ERA, 24% strikeout rate, 8.3% walk rate and 56.8% ground ball rate.
Cishek worked his way up to high-leverage spots, recording three saves and a couple of holds in that 2008 campaign. He followed that up with 15 saves in 2009 and then got 34 and 39 in the two following years. Giving hitters fits with his sidearm delivery, Cishek was able to both get strikeouts and ground ball at above-average rates, a difficult combination to pull off.
In 2015, he was traded from the Marlins to the Cardinals after spending parts of six seasons in Miami. He would go into journeyman mode from there, spending time with the Mariners, Rays, Cubs, White Sox, Angels and Nationals. He pitched in 13 MLB seasons from 2010 to 2022.
In Cishek’s career, he got into 737 games, tossing 710 2/3 innings with a 2.98 ERA. He struck out 24.8% of the batters he faced and got grounders on 48.3% of balls in play. He recorded 133 saves, 109 holds and 33 wins. MLBTR congratulates him on a fine career and wishes him the best in his future endeavors.
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Cubs Designate P.J. Higgins For Assignment
The Cubs announced they’ve designated P.J. Higgins for assignment. The move opens a spot on the 40-man roster for fellow catcher Tucker Barnhart, who has officially signed a two-year free agent deal.
Higgins, 29, has appeared in the majors in each of the last two seasons. A 12th-round pick back in 2015, he reached the majors in 2021 after six seasons climbing Chicago’s minor league ranks. That first stint proved brief, as Higgins played in just nine games before tearing the UCL in his throwing arm. He required Tommy John surgery and missed the rest of the season. At the end of the year, Chicago ran him through outright waivers rather than reinstate him from the injured list.
The Old Dominion product quickly returned to the only organization he’s known, inking a minor league contract a few weeks later. He spent the first six weeks of the 2022 campaign with Triple-A Iowa before being re-selected onto the MLB roster. The season saw Higgins log his first extensive major league action, as he appeared in 74 games and picked up 229 plate appearances.
It was a fairly successful look, as Higgins posted a .229/.310/.383 line with six home runs and 11 doubles. That was a bit better than the .228/.295/.368 mark compiled by catchers around the league. The right-hander showed decent contact skills and plate discipline, albeit with very modest hard contact numbers. He’s shown a similar high-OBP profile throughout his time in the minors, compiling a .279/.365/.378 line through 2100 career MiLB plate appearances.
While he hit fairly well for the position, Higgins didn’t rate highly in the eyes of public defensive marks. Statcast rated him a couple runs below average as a pitch framer through 236 innings behind the dish. His arm strength similarly rated below par, with his average pop time (time to throw to second on a steal attempt) checking in 60th among 73 backstops with 10+ throws. He successfully threw out only three of 16 basestealers. Higgins was also behind the plate for three passed balls and 13 wild pitches in 24 starts as a catcher, with Defensive Runs Saved estimating him as six runs below average overall.
Despite those defensive numbers, Higgins could find some interest from another club on the waiver wire. Catching depth is always in demand, and Higgins has flashed better offensive capabilities than most reserve catchers. Adding to the appeal, Higgins has a full slate of minor league option years remaining. Any team willing to carry him on the 40-man roster could keep him in Triple-A for the foreseeable future. If Higgins were to go unclaimed on waivers, he’d have the right to elect minor league free agency as a player who has previously been outrighted in his career.
Cubs To Sign Nick Neidert To Minor League Deal
The Cubs are adding right hander Nick Neidert on a minor league deal, according to Robert Murray of Fansided. The deal includes opt-out clauses which Neidert can trigger on June 1 and July 1 of 2023.
Neidert, 26, made a solitary start for the Marlins last season, going five innings and giving up two runs. At Triple-A, he tossed 46 innings of 1.96 ERA ball, with a 26.1% strikeout rate and 4.9% walk rate. He was designated for assignment by the Marlins and became a free agent last month.
Originally drafted by the Mariners in the second round of the 2015 draft, Neidert was traded to Miami as part of a deal for Dee Strange-Gordon in 2017. He made his big league debut for Miami in the shortened 2020 campaign, tossing 8 1/3 innings of 5.40 ERA ball. He’d continue to serve as a depth piece for the Marlins moving between Triple-A and the majors, and since his 2020 debut has thrown 49 big league innings for a 4.59 ERA.
While he’s posted strong numbers in the minors, Neidert’s struggled to punch out batters in the big leagues, working to a 13.3% strikeout rate over his three seasons. Neidert throws a four-pitch mix, tossing a low-90s fastball alongside a slider, changeup and curveball. He still has one minor league option remaining.
Cubs Sign Drew Smyly To Two-Year Deal
Dec 24: The Cubs have officially announced the signing of Smyly. To make room on the 40-man roster, pitcher Erich Uelmen has been designated for assignment, according to Maddie Lee of the Chicago Sun-Times.
Dec 22, 8:01pm: The deal also allows Smyly to opt out at the end of next season, reports Mark Feinsand of MLB.com (Twitter link). Smyly will have to weigh a return trip to free agency against the $11MM remaining on the contract next offseason.
7:52pm: The Cubs are bringing back Drew Smyly, agreeing with the free agent starter on a two-year deal. It’s reportedly a $19MM guarantee for the Frontline client. Smyly will make successive salaries of $8MM and $8.5MM, and the contract contains at least a $2.5MM buyout on a $10MM mutual option for the 2025 campaign.
Smyly returns after spending the 2022 season in Chicago. It was technically his second stint as a Cub, as he’d previously been a member of the organization in 2018. He spent that entire season rehabbing from a previous Tommy John surgery, though, and the Cubs dealt him to the Rangers over the 2018-19 offseason. After three years elsewhere, he returned to Chicago last winter on a $5.25MM guarantee.
The left-hander had a decent showing in 2022, working to a 3.47 ERA through 22 starts. He lost a month in the middle of the year to a left oblique strain but otherwise stayed healthy and absorbed 106 1/3 innings. He struck out a career-worst 20.4% of opponents but only walked 5.8% of batters faced. Smyly held opponents to a meager 86.7 MPH average exit velocity and induced swinging strikes on a solid 12.4% of his offerings. That quality per-pitch swinging strike rate could portend a future uptick in strikeouts. Smyly has punched out 23.2% of opponents over the course of his career, although he’s seen his lowest marks in the last two years.
Smyly doesn’t have eye-popping velocity, and his below-average ground-ball numbers have contributed to home run troubles in prior years. The longball wasn’t much of an issue this past season, though. He absolutely stifled left-handed opponents to the tune of a .191/.277/.326 line with two homers allowed through 101 plate appearances. Righties gave him some more trouble, taking him deep 14 times and posting a .258/.301/.448 mark in 346 trips to the dish.
The 33-year-old has had some injury troubles throughout his career, including the aforementioned Tommy John procedure. He’s spent time on the injured list each year since 2016, failing to reach 130 innings in any of the past six seasons. Smyly is not a prototypical innings eater, but he’s pitched to a decent 3.96 ERA in 259 1/3 frames going back to the start of 2020.
That solid rate production clearly appeals to president of baseball operations Jed Hoyer and his front office. Smyly finished the 2022 season strong and earned a multi-year deal as a result, with the guarantee narrowly topping the $17MM contract Jordan Lyles received from the Royals this week. The starting pitching market generally has been quite strong, and Smyly continues that trend with a $9.5MM average annual value to slot at the back of the Chicago rotation.
The Cubs signed Jameson Taillon to a four-year deal earlier in the offseason. He’ll join Marcus Stroman, Justin Steele and presumably Smyly as locks for the season-opening starting staff. Kyle Hendricks figures to have a rotation job whenever he’s healthy, although his status is somewhat up in the air after his 2022 season was cut short by a shoulder issue. Players like Keegan Thompson, Hayden Wesneski, Caleb Kilian and Adrian Sampson could be in the mix throughout the season as depth options. Thompson held his own over 17 starts this past season, while Wesneski and Kilian are among the better pitching prospects in the Chicago organization.
Tacking on Smyly’s $8MM salary to the 2023 payroll ledger brings the team’s projected payroll around $179MM, as calculated by Roster Resource. They’re now around $107MM in guarantees for the ’24 campaign. Chicago isn’t quite back to the $200MM+ range they reached towards the end of the last decade, but they’re notably past the $140MM – 150MM range of the last two seasons. The deal adds $9.5MM to the club’s luxury tax ledger in both 2023-24; they’re now up to approximately $213MM in CBT spending for next season, $20MM shy of the $233MM base threshold.
Jesse Rogers of ESPN first reported the Cubs and Smyly were closing in on a deal. Robert Murray of FanSided reported the Cubs and Smyly had agreed to a two-year, $19MM contract and specified the financial breakdown.
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Cubs Claim Anthony Kay, Designate Alfonso Rivas
The Cubs announced they’ve claimed left-hander Anthony Kay off waivers from the Blue Jays. To clear a 40-man roster spot, first baseman Alfonso Rivas was designated for assignment.
Kay lost his spot on the Toronto roster last week once the team officially signed Chris Bassitt. The 27-year-old had spent three-plus years in the organization. A former first-round draftee of the Mets, Kay was acquired alongside Simeon Woods Richardson in the 2019 trade that landed now-teammate Marcus Stroman in Queens. He’d been in Triple-A at the time and debuted at the big league level with Toronto later in the season.
The UCONN product has appeared in the bigs in four straight years, though he’s yet to top 33 2/3 innings in a season. He made only one MLB appearance in 2022, bringing him to 28 for his career. Working mostly as a multi-inning reliever, Kay has a 5.48 ERA through 70 2/3 innings. He’s fanned a solid 23.5% of opponents but walked batters at an 11.6% clip.
Kay has pitched parts of three years at Triple-A. He’s struggled to a 6.02 ERA over that stretch, thanks in large part to an 11.5% walk rate. The 2022 campaign was a particular challenge. Limited to 14 Triple-A innings by injury, he allowed 14 runs in as many innings with 15 strikeouts and 11 free passes.
While he hasn’t found much high level success to date, Kay represents an intriguing bullpen flier for the Chicago staff. He averaged 94.5 MPH with above-average spin on his fastball during his MLB outing this past season. He’s shown the ability to miss a decent number of bats and has a notable prospect pedigree, and the Cubs will work to try to iron out his control woes. He has one minor league option year remaining, so the Cubs can bounce him between Chicago and Triple-A Iowa next season if he holds his 40-man spot.
Rivas was a fourth-round pick of the Athletics in 2018. He was dealt to Chicago for Tony Kemp a year and a half later. Rivas didn’t play in 2020 because of the minor league cancelation and has spent the past two seasons in the upper levels. He’s moved between Chicago and Iowa as a depth option. He has hit well in Triple-A, posting a .300/.398/.433 line across 377 plate appearances. Rivas flashed that offensive potential at the MLB level in 2021 but stumbled to a .235/.322/.307 mark over 287 trips to the dish this year.
The left-handed hitter has shown a patient plate approach, working plenty of walks but also striking out quite a bit. That’s largely a product of the deep counts with which he’s comfortable. Rivas doesn’t have prototypical power for a player who’s limited to first base or the corner outfield, hitting four homers and six doubles in 119 big league games.
Chicago will have a week to deal Rivas or try to run him through waivers. If another team were to put in a claim or swing a small trade, they could option him to the minors for another two seasons.
Cubs Sign Sergio Alcantara, Roenis Elias To Minor League Deals
The Cubs have inked infielder Sergio Alcántara and reliever Roenis Elías to minor league contracts, the team informed reporters (including Maddie Lee of the Chicago Sun-Times). Both players receive invitations to MLB Spring Training.
Alcántara is back for a second stint in Chicago. The Cubs claimed him off waivers from the Tigers in February 2021, and he spent the year in the organization. The switch-hitting infielder played in just over half their MLB contests that season, picking up a personal-high 255 plate appearances. Alcántara hit only .205/.303/.327 with five home runs. Chicago designated him for assignment last March and sold his contract to the Diamondbacks.
For the 2022 campaign, Alcántara bounced between Arizona and the Padres on waivers. The Snakes lost him in May before bringing him back in July. He played out the year in the desert but was taken off the 40-man roster at season’s end. Upon going unclaimed on waivers, he became a minor league free agent.
Over parts of three MLB seasons, Alcántara owns a .209/.281/.343 line in 502 trips to the plate. He’s gone down on strikes at an elevated 26.9% clip and posted below-average power production while generally featuring at the bottom of a lineup. The 26-year-old has only 25 games of Triple-A experience and had a fairly light .261/.340/.317 showing in just under 900 plate appearances at Double-A.
While he’s never been much of a hitter, Alcántara is a well-regarded and versatile infield defender. He has plenty of experience at second, shortstop and third base and has rated favorably at shortstop in the eyes of public defensive metrics (albeit with curiously subpar marks at the less challenging second and third base positions). Scouts consistently credited him as a plus defensive shortstop throughout his time in the minors, even if longstanding questions about his bat have pointed to a utility future. He’ll add some familiarity and upper level experience to Cubs camp and compete for a spot on the bench behind Chicago’s middle infield tandem of Dansby Swanson and Nico Hoerner. Alcántara is out of minor league option years, so if he cracks the 40-man roster at any point, he’ll either have to stick in the majors or again be made available to other teams.
Elías is a veteran left-hander with parts of seven MLB campaigns under his belt. A starter for his first couple seasons with the Mariners, he has worked primarily out of the bullpen in recent years. Elías had some success with the Mariners and Nationals between 2018-19, but his career was sidetracked when his elbow blew out and he required Tommy John surgery in March 2021.
After losing that season to rehab, he returned on a minor league deal with Seattle in 2022. The 34-year-old briefly made it back to the big leagues, working seven times and allowing three runs over 7 1/3 innings. Elías averaged 93.5 MPH on his fastball in that look. He played the bulk of the season with Seattle’s top affiliate in Tacoma, working primarily as a long reliever. In 65 innings across 37 appearances (nine of which were starts), he managed a 5.12 ERA. Elías only posted a 19.8% strikeout percentage, though he limited walks to a 6.8% clip.
Outrighted off Seattle’s roster midseason, the veteran reached minor league free agency at year’s end. He’ll battle for a bullpen spot in the spring, with the Cubs lacking in left-handed depth. Brandon Hughes looks assured of one spot, but he’s the only southpaw reliever on the 40-man roster. Elías will battle for playing time with fellow non-roster invitee Eric Stout and, likely, another player or two whom the Cubs bring in this offseason.
Cubs Sign Tucker Barnhart To Two-Year Deal
The Cubs and catcher Tucker Barnhart are in agreement on a two-year deal, though the second year is a player option. He’ll be guaranteed $6.5MM but escalators could push his earnings to $9.5MM. The deal is pending a physical. Barnhart is represented by the Ballengee Group.
The catching situation in Wrigley has been in flux for some time, despite the fact that they’ve had one of the best backstops in the league for the past seven seasons in Willson Contreras. The club leaned into a rebuild in 2021, trading away Anthony Rizzo, Javier Báez and Kris Bryant, among others. Contreras stayed at that time as he still was under control for 2022, but a trade still seemed inevitable. That feeling only increased when the club signed Yan Gomes to a two-year deal going into the season.
Curiously, a deal never came together, though it was later reported that they had a trade lined up with the Astros before Houston owner Jim Crane scuttled the deal. Contreras eventually turned down a qualifying offer from the Cubs and signed with the Cardinals. That will net the Cubs an extra pick in the upcoming draft but it left them a bit thin behind the plate.
Gomes is still under contract for one more year but he’s now 35 years old and coming off a poor year at the plate. He hit .235/.260/.365 in 2022 for a wRC+ of 73, indicating he was 27% below league average. The only other catchers on the 40-man roster are P.J. Higgins, who is more of a utility player than can catch if needed, and Miguel Amaya, who has yet to reach Triple-A. Given those options, catcher was a natural target for the Cubs, who were also connected to Christian Vázquez, Omar Narváez, Curt Casali and Roberto Perez at times this offseason.
Barnhart, 32 next month, should provide the Cubs with a fairly stable profile. He’s rarely been exceptional or awful, on either side of the ball. He’s hit .245/.320/.360 in his career for a wRC+ of 80. That indicates he’s been 20% below league average overall, but catchers generally are less potent at the plate than their peers. The league average catcher posted a wRC+ of 89 in 2022. Barnhart has never posted a wRC+ higher than 90 but he’s also never finished below 63, apart from his brief debut in 2014. That 63, however, was just this past season with Detroit, when he batted .221/.287/.267.
On the glove side, Barnhart has 12 DRS for his career. FanGraphs has graded his framing as poor on the whole, but it bottomed out in 2018 and was above-average in next three seasons before dipping just below in 2022. Although defensive metrics don’t paint him as a lights-out defender, Barnhart has won a pair of Gold Gloves, including in 2017 when he nabbed a league-leading 44% of runners who attempted to swipe a base on his watch. He also received interest from the Reds, Pirates and Astros this offseason but will join the Cubs, returning the National Central where he spent many years as a Red.
The Cubs have been fairly aggressive this winter, signing Dansby Swanson, Cody Bellinger, Jameson Taillon, Brad Boxberger and now Barnhart. That brings the club’s payroll up to $172MM, per Roster Resource, with a competitive balance tax figure of $206MM. That payroll is already a sizeable increase over last year’s $143MM figure, per Cot’s Baseball Contracts, though they’ve been up as high as $203MM in the past. It’s unknown how much more the club plans on spending, but it’s possible there’s more there to work with. They’re also more than $20MM shy of the luxury tax threshold, which is $233MM.
Sahadev Sharma of The Athletic first reported that the Cubs and Barnhart were closing in on a deal. Mark Feinsand of MLB.com first reported that an agreement was in place. Joel Sherman of The New York Post first reported the one-year plus a player option framework. Jon Heyman of the New York Post first reported the financials.
Image courtesy of USA Today Sports.