MLB Trade Rumors

The Cubs are expected to be aggressive in their search for upgrades near the top of the rotation and in their late-inning relief corps, reports Patrick Mooney of The Athletic. Chicago was already expected to be in the market for catching upgrades this winter.

Improvements on the pitching staff have long stood as a fairly logical pursuit for the Chicago front office. The lineup was largely set even before Cody Bellinger passed on his opt-out opportunity. The Cubs have Michael Busch at first base, Nico Hoerner at second, Dansby Swanson at short and Isaac Paredes at the hot corner. The outfield/DH mix contains Ian Happ, Pete Crow-Armstrong, Seiya Suzuki and now Bellinger. Each of Happ, Suzuki and Swanson have no-trade provisions.

Hoerner was speculated by many — MLBTR included — to be a possible trade candidate as a result of this inflexibility on the trade front, but his recent forearm surgery makes a deal quite unlikely. The Cubs aren’t likely to add a long-term replacement.  Mooney suggests that top prospect Matt Shaw or an in-house alternative like James Triantos could bridge that gap. Hoyer told Mooney and others at the ongoing GM Meetings that there’s no timeline for Hoerner’s return just yet, but the team expects a “full recovery.” On paper, there’s a path to moving Bellinger and the remaining two years on his contract, but to this point there’s been no indication the Cubs will consider that this winter.

As such, an upgrade behind the plate seems like the clearest path to bolstering the lineup, while an upgrade on the pitching side of things is the most obvious path to improving the club overall. As it stands, the Cubs could be as much as $50MM shy of their 2024 payroll levels — a number that could push closer to $60MM if they opt to further subtract some arbitration-eligible players via non-tender or trade. Trey Wingenter, Julian Merryweather, Adbert Alzolay, Patrick Wisdom and Nick Madrigal are among the options who fit that billing after several arb-eligible Cubs were already cut loose yesterday.

That leaves the Cubs with significant financial firepower at their disposal, assuming ownership authorizes a payroll at least in line with last year’s rough $235MM mark (per RosterResource). President of baseball operations Jed Hoyer (or perhaps owner Tom Ricketts) has typically preferred not to invest money in lengthy deals for relievers. The last multi-year deal for any reliever from the Cubs was in 2019 when they signed Craig Kimbrel to a three-year, $43MM pact. If that trend holds up, it’ll only point all the more significantly toward a potential splash in the deep end of the free agent pool for starting pitchers.

As it stands, the Cubs have Shota Imanaga, Justin Steele, Jameson Taillon and likely Javier Assad locked into starting spots. Candidates for the fifth spot in the rotation include Ben Brown, Jordan Wicks, Hayden Wesneski, Caleb Kilian and top prospect Cade Horton. All have minor league options remaining, and any of the bunch could end up a bullpen option. Brown and particularly Wesneski both got looks in relief last year. Assad has had success as a reliever in 2023.

The top end of the free-agent pool includes Corbin Burnes, Blake Snell, Max Fried and Jack Flaherty. All four were predicted for nine-figure guarantees on MLBTR’s Top 50 Free Agent rankings. Of the four, both Burnes and Fried received and will reject a qualifying offer. Ricketts confirmed in October that the Cubs narrowly crossed the luxury tax threshold in 2024, meaning they’d need to surrender their second- and fifth-highest selections in the 2025 draft as well as $1MM of space from their 2025 international bonus pool in order to sign Burnes, Fried, Sean Manaea, Luis Severino or any of the free agents who received a qualifying offer. (It’d have been “only” their second-highest pick and $500K of pool space had they successfully dipped under the line.) The qualifying offer historically hasn’t been a dealbreaker for the Hoyer-led Cubs. They signed Swanson after he rejected the Braves’ QO in the 2022-23 offseason.

And, to be clear, the mere fact that the Cubs haven’t given out a multi-year deal to a reliever under Hoyer doesn’t mean that they won’t consider doing so this winter. Prior to last offseason, the Cubs had typically spent $5MM or less on free-agent relief pitchers. They nearly doubled that sum when signing Hector Neris. The deal didn’t work out, of course, but Hoyer has already begun to deviate a bit from the bargain-bin approach to building out a bullpen. That’s a far cry from declaring they’re in in top relievers like Tanner Scott, Jeff Hoffman, Carlos Estevez and others, but a step up in their aggression toward pursuing relief help shouldn’t be ruled out.

If the Cubs are indeed intent on sticking to the one-year bucket in free agency, there’s no shortage of older but still high-quality leverage options from which to choose. Each of Kirby Yates, Kenley Jansen, Blake Treinen and old friend David Robertson is a free agent this winter. They’ll all pitch next year at 37 or older, making them likely one-year deal candidates. Any of the bunch could (and likely will) command an eight-figure salary, but the Cubs already came close to that level in signing Neris and could be further emboldened to pursue a solidified ninth-inning option after last year’s bullpen again proved shaky, tying for eighth in the majors with 26 blown saves.