MLB Trade Rumors

The Cubs have acquired right-hander Nate Pearson in a trade with the Blue Jays, according to ESPN’s Jesse Rogers and Jeff Passan (X link).  Toronto will receive minor league outfielder Yohendrick Pinango and minor league infielder Josh Rivera in return. The Jays also placed closer Jordan Romano on the 60-day injured list.

Pearson was selected 28th overall in the 2017 draft, just one pick after the Cubs took left-hander Brendon Little (who currently pitches for the Jays).  A broken arm and an oblique injury limited him to just 1 2/3 innings in 2018, but he re-emerged with a vengeance in 2019, rocketing up the minor league ladder to Triple-A Buffalo by season’s end and establishing himself as one of baseball’s top pitching prospects.  MLB Pipeline and Baseball America both ranked him within the overall top 10 of their preseason prospect rankings in advance of the 2020 season, and that year saw Pearson make his MLB debut in the form of five appearances for the Jays during the pandemic-shortened campaign.

Since pitching 101 2/3 innings in the minors in 2019, Pearson has barely topped that total in terms of big league experience, with 115 2/3 frames on his resume in the Show.  Pearson has posted a 5.21 ERA, 25.2% strikeout rate, and 11.6% walk rate in the majors, with a 15.1% homer rate contributing to that unimpressive ERA.

All but five of Pearson’s 93 big league appearances have come as a reliever, as Toronto shifted Pearson to the bullpen in an effort to keep him healthy after a number of injury setbacks.  From 2020-22, Pearson had to deal with such varied issues as a flexor strain, a lat strain, mono, groin problems, and a hernia surgery, which limited his time on the mound and prevented him from any MLB action whatsoever in 2022.

Pearson has been healthy over the last two years, but his performance has been inconsistent as best, dashing the Blue Jays’ hopes that Pearson could at least become a high-leverage relief weapon.  He is one of the league’s harder throwers with a fastball that averages 97.6mph, but batters have teed off that heater to the tune of a .342 average this season.  Pearson’s slider has been a much more effective offering, but opposing hitters have learned to lay off the slider and chase the fastball, to great success.

Pearson recently expressed an interest in returning to a starting role, which would’ve seemingly been something the Jays would’ve been open to given their rotation and the organization’s overall uncertain future direction in the midst of an underwhelming season.  Today’s trade, however, closes the door on Pearson’s Blue Jays tenure entirely, and it perhaps hints at a change in Toronto’s plans for the trade deadline.  The Jays had reportedly been only planning to move rental or shorter-term players, while keeping a lot of their core in place for another run at contention in 2025.

Since Pearson is only in his first year of arbitration eligibility and is controlled through the 2026 campaign, the deal could signal the Jays’ willingness to expand their list of trade candidates, perhaps if the club is considering that some level of a rebuild is in order.  Then again, it could be that the Blue Jays were open to moving Pearson simply because they no longer consider him any kind of core piece — a letdown for the franchise, given that Pearson seemed like a future cornerstone not long ago.

The Cubs are struggling through a disappointing year of their own, with a 49-56 record in comparison to Toronto’s 47-56 mark.  President of baseball operations Jed Hoyer said earlier this week that the club is already looking ahead to 2025 in terms of potential deadline pickups, and to that end Pearson represents an interesting change-of-scenery candidate.  The righty turns 28 next month, so there’s still lots of time for a second act to his career as either a reliever or starter.  Between Pearson’s prospect pedigree and two years of remaining arb control, there’s some major buy-low upside for the Cubs if the right-hander is able to find his form in Wrigleyville.  Peter Gammons (via X) reports that the Red Sox were also interested in Pearson, though it stands to reason that the Jays might’ve preferred to move the righty outside the AL East.

Baseball America ranks Pinango 17th among Cubs prospects, while MLB Pipeline has him 29th.  The outfielder was an international signing in 2018 and he has spent the majority of his career in high-A ball, only reaching Double-A for the first time this season and hitting .223/.316/.345 with four homers in 225 PA for Double-A Tennessee.  BA’s scouting report notes that the 22-year-old’s attempts to focus on adding power in 2022-23 led to diminished numbers overall, but he has shown a better approach in 2024 and posted improved hard-contact numbers and a better chase rate.  Defensively, Pinango is an average defender probably best suited to left field or even first base over the long term, and the latter position would naturally put more pressure on him to deliver more at the plate.

Rivera is 23rd on Pipeline’s list but wasn’t included in Baseball America’s Cubs top 30, perhaps owing to his .169/.277/.260 slash line over 253 PA at Double-A Tennessee this season.  Like Pinango, Rivera is also playing Double-A ball for the first time, and it has been a pretty quick progression since Rivera was only drafted last year, in the third round.  The University of Florida product has played mostly shortstop as a pro with some second base and third base time, and Pipeline projects him as “an offensive-minded utilityman” given his raw skills at the plate and his ability to competently play multiple positions, even if he isn’t a standout in the field.

Rogers and Passan (X link) were the first to report that Pearson was heading to Chicago.  ESPN’s Kiley McDaniel reported (via X) Pinango’s inclusion in the deal, while Sportsnet’s Shi Davidi and Arden Zwelling (X link) reported Rivera’s inclusion.