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36 Veteran Players With Looming Opt-Out Dates

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The 2022-26 collective bargaining agreement implemented a new series of uniform opt-out dates for players who qualified as free agents under Article XX(b) of said agreement and sign a minor league deal in free agency. More specifically, that designation falls on players with six-plus years of MLB service time who finished the preceding season on a major league roster or injured list. Some contracts for players coming over from a foreign professional league like Nippon Professional Baseball or the Korea Baseball Organization will also have language written into their contracts allowing them to qualify as an XX(b) free agent despite a lack of six years of service.

The three uniform opt-out dates on those contracts land five days before Opening Day, on May 1 and on June 1. With the regular season set to kick off next week, any Article XX(b) free agents who are in camp on minor league contracts will have the opportunity to opt out on Saturday, March 22. A player triggering one of these out clauses gives his current club 48 hours to either add him to the 40-man roster or let him become a free agent.

There are other ways to secure opt-outs in contracts, of course. Many players who don’t qualify for XX(b) designation will still have opt-out opportunities negotiated into their minor league deals in free agency.

The following is a list of 36 players who are in camp as non-roster invitees and will be able to opt out this weekend. Most were XX(b) free agents, but there are a handful of names who didn’t meet that requirement but had outs negotiated into their respective deals nonetheless. This is not a comprehensive list of all players with opt-out opportunities this weekend.

All spring stats referenced are accurate through the completion of games played Wednesday, March 19.

Astros: LHP Jalen Beeks

Beeks, 31, was a relatively late sign (March 7) who’s since tossed three spring frames — including two scoreless innings just yesterday. He logged a 4.50 ERA in 70 innings between the Rockies and Pirates last season. He struggled to miss bats last year but typically runs strong strikeout rates. Dating back to 2020, Beeks carries a 4.16 ERA in 192 2/3 innings. In Josh Hader, Bryan King and Bennett Sousa, the Astros already have three lefty relievers on the 40-man. Another veteran non-roster invitee, Steven Okert, has rattled off 8 2/3 shutout spring innings with a 14-to-2 K/BB ratio. Beeks might have long odds of cracking the roster.

Blue Jays: RHP Jacob Barnes, LHP Ryan Yarbrough

The 34-year-old Barnes logged a 4.36 ERA in a career-high 66 big league innings last season. He posted an ERA north of 5.00 in each of the five preceding seasons (a total of 115 1/3 frames). He’s been tagged for four runs in 5 1/3 innings this spring.

Yarbrough, 33, had a terrific run with the Jays to close out the 2024 season. Joining Toronto in a deadline swap sending Kevin Kiermaier to the Dodgers, the veteran southpaw posted a 2.01 ERA in 31 1/3 innings. He’s a soft-tosser, sitting just 86.5 mph with his heater, but Yarbrough can pitch multiple innings in relief and has a decent track record even beyond last year’s overall 3.19 earned run average (4.21 ERA in 768 MLB innings). He’s allowed three runs with and 8-to-1 K/BB ratio in 6 2/3 innings in camp.

Braves: RHP Buck Farmer, RHP Hector Neris

Farmer was already reassigned to minor league camp on Sunday, so there’d seem to be a good chance of him taking his out. The 34-year-old turned in a terrific 3.04 ERA in 71 innings for the Reds last year but was probably hampered by his age, pedestrian velocity and subpar command in free agency. With a 3.68 ERA in 193 innings over the past three seasons in Cincinnati, he should find an opportunity somewhere — even if it’s not in Atlanta.

Neris is still in Braves camp. He signed well into camp and thus has only pitched one official inning so far, which was scoreless. (Neris is pitching today as well.) He’s looking to bounce back from a 4.10 ERA and a particularly poor performance in save opportunities last year. Prior to his nondescript 2024, Neris rattled off a 3.03 ERA in 208 innings from 2021-23 between Philly and Houston, saving 17 games and collecting 67 holds along the way.

Brewers: 1B/OF Mark Canha, OF Manuel Margot

He’s had a brutal spring, but the 36-year-old Canha has been an above-average hitter every year since 2018, by measure of wRC+. He’s just 2-for-23 in Brewers camp, but he’s slugged a homer and walked as often as he’s fanned (four times apiece). Milwaukee has Rhys Hoskins at first base, but Canha could chip in at DH and offer a right-handed complement to lefty outfielders Sal Frelick and Garrett Mitchell.

Margot hasn’t hit well in a tiny sample of 35 spring plate appearances, but he’s outproduced Canha with a .250/.314/.375 slash. He’s coming off a dismal .238/.289/.337 showing in Minnesota, however, and hasn’t been the plus defender he was prior to a major 2022 knee injury. Like Canha, he could complement Frelick and Mitchell as a righty-swinging outfielder, but Canha has been the far more productive bat in recent seasons.

Cubs: RHP Chris Flexen

The Cubs reassigned Flexen to minor league camp after just 3 2/3 innings this spring. He was hit hard on the other side of town with the White Sox in 2024, though Flexen quietly righted the ship after an awful start. He posted a 5.69 ERA through nine starts but logged a 4.62 mark over his final 21 trips to the mound, including a tidy 3.52 earned run average across 46 innings in his last eight starts. Flexen may not bounce back to his 2021-22 numbers in Seattle, but he’s a durable fifth starter if nothing else.

Diamondbacks: INF/OF Garrett Hampson, RHP Scott McGough

The D-backs don’t really have a backup shortstop while Blaze Alexander is sidelined with an oblique strain, which seems to bode well for Hampson. He’s hitting .235/.333/.324 in camp and can play three infield spots and three outfield positions. He had a bleak .230/.275/.300 performance in Kansas City last year but was a league-average hitter for the Marlins as recently as 2023.

McGough was reassigned to minor league camp yesterday after serving up six runs in 4 2/3 innings of spring work. That wasn’t the follow-up to last year’s gruesome 7.44 ERA for which the 35-year-old righty or the team had hoped.

Giants: C Max Stassi, RHP Lou Trivino

Stassi is battling Sam Huff, who’s on the 40-man, for the backup catcher’s role while Tom Murphy is injured. The 34-year-old Stassi is hitting .300/.364/.700 with a pair of homers in 22 spring plate appearances. He’s a plus defender with a scattershot track record at the plate.

Trivino hasn’t pitched since 2022 due to Tommy John surgery and a separate shoulder issue. He also hasn’t allowed a run in 8 1/3 spring innings. (9-to-4 K/BB ratio). Trivino’s scoreless Cactus League showing, his pre-injury track record and his familiarity with skipper Bob Melvin — his manager in Oakland — all seem to give him a real chance to win a spot.

Mariners: RHP Shintaro Fujinami, RHP Trevor Gott, 1B Rowdy Tellez

Fujinami’s command has never been good, and he’s walked more batters (seven) than he’s struck out (four) through 5 2/3 spring innings. He’s also plunked a pair of batters. He’s looking to bounce back from an injury-ruined 2024 season but might have to take his first steps toward doing so in Triple-A.

Tellez has had a big camp and looks like he could have a real chance to make the club in a part-time DH/first base role, as explored more yesterday. Gott is on the mend from Tommy John surgery performed last March and won’t pitch until midseason. He’s unlikely to opt out.

Mets: RHP Jose Ureña

Ureña was torched for seven runs in his first 1 1/3 spring innings after signing with the Mets on Feb. 27. He bounced back by striking out all three opponents he faced in an inning this past weekend, but he hasn’t helped himself otherwise. Ureña’s 3.80 ERA in 109 innings with Texas last year was his first sub-5.00 ERA since 2017-18 in Miami.

Padres: 1B Yuli Gurriel, INF Jose Iglesias

Both veterans have a legitimate chance to make the club. Gurriel has had a productive spring (.296/.321/.519) at nearly 41 years of age, while Iglesias is out to a 5-for-18 start since signing in mid-March. Gurriel could split time at first and DH, lessening the need to use Luis Arraez in the field. Iglesias could see frequent work at second base, shifting Jake Cronenworth to first base and pushing Arraez to DH. The Padres probably wouldn’t have put a hefty (relative to most minor league deals) $3MM base salary on Iglesias’ deal if they didn’t see a real path to him making the roster.

Pirates: LHP Ryan Borucki

Borucki was great for the Pirates in 2023 and struggled through 11 innings during an injury-marred 2024 season. The 30-year-old southpaw has allowed one run in eight spring innings. His five walks are a bit much, but he’s also fanned 11 of his 33 opponents.

Rangers: SS Nick Ahmed, RHP David Buchanan, RHP Jesse Chavez, OF Kevin Pillar, RHP Hunter Strickland

Ahmed has more homers in 28 spring plate appearances than he had in 228 plate appearances in 2024 or 210 plate appearances in 2023. He’s popped three round-trippers already and slashed .286/.310/.607. With a crowded infield and versatile backups like Josh Smith and Ezequiel Duran, Ahmed might still have a hard time cracking the roster.

None of the three pitchers listed here has performed well in limited work. Buchanan had a nice run as a starter in the KBO in the four preceding seasons, while Chavez has been a mainstay in the Atlanta bullpen for much of the past few years. Strickland had a nice 2024 in Anaheim but signed very late and retired only one of the five batters he faced during his long spring outing.

Pillar may have the best chance of the bunch to make the team. He’s hitting .273/.333/.394 in 39 plate appearances. Outfielders Wyatt Langford and Adolis Garcia have been banged up this spring, so some extra outfield depth could make sense.

Rays: DH/OF Eloy Jimenez

Jimenez homered for the second time yesterday, boosting his Grapefruit line to .263/.300/.447. He’s coming off a dreadful season in 2024, but from 2019-23 the former top prospect raked at a .275/.324/.487 pace, including a 31-homer rookie campaign (admittedly, in the juiced-ball 2019 season). Durability has been a bigger factor than productivity. If the Rays can get Jimenez to elevate the ball more, he could be a bargain; he’s still only 28.

Red Sox: LHP Matt Moore, RHP Adam Ottavino

Moore signed on Feb. 20 and has only gotten into two spring games so far, totaling two innings. Ottavino has pitched four innings but allowed five runs. He’s walked five and tossed a pair of wild pitches in that time. Both pitchers have long MLB track records, but they’re both coming off lackluster seasons.

Reds: LHP Wade Miley

Miley underwent Tommy John surgery early last season and contemplated retirement upon learning his prognosis. He wanted to return to one of his former NL Central clubs in free agency, and the Reds clearly offered a more compelling minor league deal than the Brewers. He’s not going to be a realistic option until late May, and it seems unlikely he’d opt out while his rehab is still ongoing.

Rockies: RHP Jake Woodford

Woodford isn’t an Article XX(b) free agent, but MLBTR has learned that he still has a March 22 opt-out. He made his fourth appearance of Rockies camp yesterday, tossing 2 2/3 innings with an earned run. Woodford has allowed seven runs on 11 hits and three walks with five punchouts and a nice 47.2% grounder rate in 10 2/3 frames this spring. He has experience as a starter and reliever. The righty doesn’t miss many bats but keeps the ball on the ground and has good command. He’s a fifth starter/swingman who’s out of minor league options.

Royals: C Luke Maile, RHP Ross Stripling

Maile is a glove-first backup who’s had a nice spring at the plate but has done so on a team with a healthy Salvador Perez and Freddy Fermin. His path to a roster spot doesn’t look great. Speculatively, his former Reds club, which just lost Tyler Stephenson to begin the year, would make sense if they plan to add an outside catcher. Maile’s .214/.294/.329 performance over the past three seasons is light, but he’s already familiar with the bulk of Cincinnati’s staff. He’s a fine backup or No. 3 catcher for any club, Kansas City included.

Stripling notched a 3.01 ERA in 124 innings for the 2022 Blue Jays, but it’s been rough waters since. He was rocked for a 5.68 ERA across the past two seasons, spending time with both Bay Area clubs, and has been tagged for 11 runs on 14 hits — four of them homers — with just two strikeouts in six spring frames. He’ll likely need a strong Triple-A showing, be it with the Royals or another club, to pitch his way back to the majors.

Tigers: LHP Andrew Chafin

Chafin surprisingly commanded only a minor league deal this offseason and has struggled to begin his third stint with the Tigers. He’s been tagged for eight runs in four spring innings, walking six batters along the way. It’s a rough look, but the affable southpaw notched a 3.51 ERA in 56 1/3 MLB frames last year and touts a 3.12 mark across the past four seasons combined.

White Sox: RHP Mike Clevinger, INF Brandon Drury, OF Travis Jankowski

The ChiSox signed Clevinger for a third time late this spring and are trying him in the bullpen. He’s responded with four shutout innings, allowing only one hit and no walks while fanning six hitters. His 2025 White Sox reunion is out to a much better start than his 2024 reunion, wherein he was limited to only 16 innings with a 6.75 ERA thanks to elbow and neck troubles.

Drury could hardly be doing more to secure a spot with the Pale Hose. He’s decimated Cactus League pitching at a .410/.439/.821 pace, slugging three homers and seven doubles in only 41 plate appearances. He’s coming off a terrible 2024 showing with the Angels but hit .263/.313/.493 from 2021-23. It’d be a surprise if the Sox didn’t keep him.

Jankowski started the spring with the Cubs, was granted his release and signed with the Sox. The hits haven’t been dropping, but he has six walks in 25 plate appearances. The White Sox already have Michael A. Taylor in a fourth outfield role. Andrew Benintendi, who missed three-plus weeks with a fractured hand, was back in the lineup yesterday, making Jankowski something of a long shot.

Yankees: RHP Carlos Carrasco

With a nice spring showing and several injuries in the Yankees’ rotation, Carrasco looks to have a good chance at making the roster. Jack Curry of the YES Network already reported it’s “likely” Carrasco will be added this weekend. Carrasco has a 1.69 ERA with 15 strikeouts and seven walks (plus four hit batters) in 16 spring innings. He tossed five shutout frames yesterday.

Braves Sign Hector Neris To Minor League Deal

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The Braves have signed right-hander Hector Neris to a minor league deal with a non-roster invitation to big league Spring Training, according to Justin Toscano of the Atlanta Journal-Constitution. Toscano adds that Neris will be in camp today with the club.

Neris, 36 in June, signed with the Phillies as an amateur out of the Dominican Republic and made his big league debut back in 2014. That was a cup of coffee that lasted just one inning, however, and he’d have to wait for the 2015 season to get a more substantial look in the majors. He did well enough with the opportunity, posting a roughly average 3.79 ERA in 32 relief appearances despite some lackluster peripheral numbers. It was still enough to earn Neris a regular role with the Phillies the following year, however, and the 2016 season kicked off the best stretch of the right-hander’s entire career.

From 2016 to 2019, Neris pitched to a 3.23 ERA (133 ERA+) with a 3.68 FIP in 270 1/3 innings of work. He struck out 31.3% of opponents during that time and also handled ninth inning duties for Philadelphia on a semi-regular basis, collecting 67 saves along the way. Those are all strong numbers, but a deeper look reveals an interesting twist to Neris’s performance in that stretch; he was a well below-average pitcher in 2018. While 2016, ’17, and ’19 all saw Neris post seasons that were between 43% and 63% better than league average by ERA+, that final year actually saw him pitch to a 5.10 ERA that was 19% worse than league average.

It wasn’t all bad for Neris in 2018, as his 37.4% strikeout rate was incredible and paired with a very manageable 7.8% walk rate, but injuries limited him to just 47 2/3 innings of work and an inflated .354 BABIP combined with an eye-popping 22.9% home-run-to-fly-ball ratio held him back from success that year. All of that combines into a much stronger season when looking at advanced metrics than Neris may get credit for on paper: despite his well below-average ERA, his FIP was actually slightly above average, while metrics like xERA (3.81) and SIERA (2.28) were even more bullish on the righty’s performance.

Neris spent two more years with the Phillies after that, though the results (a combined 3.84 ERA and 3.73 FIP in 98 appearances) were fairly unremarkable. The righty enjoyed a renaissance after signing with the Astros in free agency, however. Between the 2022 and ’23 campaigns, Neris posted a brilliant 2.69 ERA (150 ERA+) with a 3.10 FIP in 133 2/3 innings of work. He struck out 29.1% of opponents, walked 9%, and maintained strong numbers according to both xERA and SIERA. While he collected just five saves in that time due to the presence of closer Ryan Pressly, the right-hander returned to free agency last winter in line to receive a strong contract.

He wound up getting a one-year, $9MM guarantee from the Cubs last winter. Unfortunately for both Neris and Chicago, it proved to be an up-and-down season for the right-hander. Though he stepped into the club’s closer job when incumbent Adbert Alzolay went down with Tommy John surgery, Neris struggled with his command throughout his time with the Cubs. The right-hander walked a whopping 13.3% of his opponents in Chicago while striking out just 23.5% of them. While his 3.89 ERA and 4.10 FIP in 44 innings of work were more or less league average, it was hardly a surprise when the Cubs ultimately designated the veteran for assignment due to the wildness.

Neris was picked back up by the Astros for the stretch run and seemed to get his command under control for the most part with a 28.1% strikeout rate and a 3.1% walk rate. Unfortunately, his on-field production actually got substantially worse, as he was torched to the tune of a 4.70 ERA and 4.80 FIP in 15 1/3 innings of work after giving up four home runs in just 16 games. The lackluster season led Neris to linger on the free agent market this winter, and now he’ll ultimately have to battle his way back into a big league bullpen in camp this spring.

He’ll get the opportunity to do that in Atlanta, for a club that lost a key piece of its late-inning mix back in November when it was announced that right-hander Joe Jimenez would miss 8-12 months after undergoing knee surgery. That left a void in the Braves’ bullpen by removing the club’s top right-handed set-up man for closer Raisel Iglesias, and a return to form could see Neris challenge Pierce Johnson for that role in 2025. Even if he can’t recapture the production he flashed during his first stint in Houston, however, Neris could provide quality veteran depth to a Braves bullpen without much of it after losing Jimenez to injury and Grant Holmes to the starting rotation.

Astros Designate Jacob Amaya For Assignment

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The Astros announced a set of roster moves this afternoon, including the news that infielder Jacob Amaya has been designated for assignment.  This opens up a 40-man roster spot for Hector Neris, who signed with Houston two days ago.  Right-handers Seth Martinez and Shawn Dubin were optioned to Triple-A to create 26-man roster space for Neris and righty Kaleb Ort, who was reinstated from the paternity list.

Amaya came to the Astros in a trade from the Marlins back in April, and the 25-year-old’s time on Houston’s active roster has thus far consisted of just a single game — an appearance as a defensive substitute in the Astros’ 10-3 loss to the Yankees on May 7.  At the Triple-A level this season, Amaya has a .221/.308/.330 slash line over 302 total plate appearances with the Astros’ and Marlins’ top affiliates.

This represents a step backwards from the more respectable numbers Amaya has posted in past stints in Triple-A (with the Marlins last season and with the Dodgers in 2022).  Amaya has always been considered more of a glove-first player dating back to his time in the Los Angeles farm system, and while his defense alone might be good enough to get him some consideration for a big league roster, he’ll need to deliver more at the plate to earn anything more than sporadic call-ups or playing time.

Finding a niche in Houston is particularly tricky for Amaya considering how Jose Altuve and Jeremy Pena have the middle infield positions on lockdown, and superutilityman Mauricio Dubon bounces around at several positions.  This is the first time Amaya has been designated for assignment, and so if he clears waivers and is outrighted to Triple-A, he doesn’t have a prior outright or the MLB service time necessary to reject that assignment in favor of free agency.

Astros To Sign Héctor Neris

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The Astros are signing right-hander Héctor Neris, reports Ari Alexander of KPRC 2 on X. The righty was released by the Cubs earlier this week. Assuming it’s a major league deal, the Astros will need to make corresponding moves to get the righty onto their active and 40-man rosters once the deal is made official.

Neris, 35, returns to an organization that he has had success with. After many successful years with the Phillies, Neris joined the Astros going into 2022. He signed a two-year, $17MM deal with a club option for 2024, though he could vest that into a player option based on the number of appearances he made for the club during the life of the contract.

Over those two years in Houston, Neris got into 141 regular season contests, allowing 2.69 earned runs per nine. He struck out 29.1% of batters faced and gave out walks at a 9% clip. He earned five saves and 56 holds in that time. He also made 15 postseason appearances over those two years, including eight in 2022 with a 1.50 ERA, helping Houston win its second World Series title.

By July of 2023, he had made his 110th regular-season appearance with the club, thus converting the club option into a player option. He eventually decided to turn that down, taking the $1MM buyout and returning to free agency, rather than agreeing to the $8.5MM salary.

He eventually signed with the Cubs for the 2024 season, a one-year, $9MM guarantee. Again, there was a club/player option provision, this time with a $9MM salary on the table for 2025. It would begin as a club option that could become a player option with 60 appearances or 45 games finished in 2024.

His time as a Cub was mixed. He made 46 appearances for them this year with a 3.89 ERA that doesn’t look too bad at first blush. However, his 23.5% strikeout rate and 13.3% walk rate were both significant drop-offs from his previous work. He managed to dance around those free passes a bit with a 76.9% strand rate that’s on the lucky side, perhaps why his 4.09 FIP and 4.36 SIERA were a bit worse than his ERA.

The Cubs decided to set him loose, releasing him earlier this week. That was likely a reflection of his diminished performance but also the Cubs not wanting him to unlock that player option. Since Neris was released and no club grabbed him off waivers, that option is now dead and won’t carry over to any new deal he signs.

Though he hasn’t been as crisp this year, it’s a sensible pickup for the Astros. For one thing, there’s no real financial cost. Because they released him, the Cubs are on the hook for the majority of his 2024 salary that is still to be paid out. The Astros only have to pay him the prorated version of the $740K league minimum salary for any time Neris spends on the roster, with that amount subtracted from what the Cubs pay.

The Astros have also taken a few hits in their bullpen. Kendall Graveman, Penn Murfee, Oliver Ortega and Bennett Sousa are all currently on the 60-day injured list, with each of them undergoing a significant surgery earlier this year. Righty Ryan Pressly also landed on the 15-day IL a few days ago due to a low back strain. There’s nothing to suggest Pressly is slated for a lengthy absence, but it’s another gap in the relief corps until he comes back.

Perhaps a return to a familiar environment can get Neris back on track after some wobbles this year. Even if that doesn’t quite come to pass, it’s a low-cost signing that lengthens the club’s depth for the stretch run and postseason.

MLBTR Podcast: Who Could Get Waived, Potential Rule Changes, Austin Riley, And Hector Neris

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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 Steve Adams of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • Will any players be placed on waivers before September 1 who could help? (35:15)
  • How much longer do the Tigers stick with Javier Báez and what holes will they be looking to fill in the offseason? (41:00)
  • If Pete Alonso walks in free agency, what will the Mets do at first base next year? (49:40)

Check out our past episodes!

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

Cubs Release Hector Neris

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The Cubs are releasing veteran reliever Hector Neris, reports ESPN’s Jesse Rogers. The team already passed Neris through waivers without making a formal announcement of the move. He went unclaimed. Neris’ spot on the 40-man roster will be filled by right-hander Jack Neely, whose contract is being selected from Triple-A Iowa. Neely was acquired from the Yankees in the deadline trade sending Mark Leiter Jr. to the Bronx.

Neris, 35, was signed to a one-year, $9MM contract over the winter and has had an up-and-down season in what’ll now be his lone year with the Cubs. His 3.89 earned run average is sound, but Neris has blown five of 25 save situations on the season while sporting career-worst strikeout and walk rates of 23.1% and 13.3%, respectively.

The more prominent factor in the decision to release the right-hander, however, could be a vesting player option that would’ve kicked in had Neris reached 60 appearances or 45 games finished on the season. He’s only appeared in 46 games right now and finished a game 33 times. Neris thus would’ve needed to pitch in 14 of Chicago’s remaining 37 games — a 37% usage rate — or recorded the final out in 12 of them, but if he’d done so he’d have secured a $9MM player option for the upcoming season. Given his shaky performance, the Cubs very likely weren’t interested in allowing that provision to be reached.

While Neris clearly hasn’t had his best season, he’s only a year removed from a sparkling 1.71 ERA in 68 1/3 frames for the Astros. That mark is also deceptive, as benefited from a .219 average on balls in play and 90.5% strand rate that combined to tamp down his earned run average. Metrics like FIP (3.83) and SIERA (3.89) were more bearish, but between Neris’ 28.2% strikeout rate and 11.4% walk rate, he still had the makings of a solid all-around season. More broadly, Neris’ track record from 2019-23 on the whole is quite impressive. He pitched 297 1/3 innings between the Phillies and Astros, combining for a 3.12 ERA (3.33 SIERA), 30.2% strikeout rate, 9.6% walk rate, 40.1% grounder rate, 0.97 HR/9, 73 holds and 50 saves.

With Neris returning to the open market, he’ll now be available for any team to sign for the remainder of the season. He’ll only cost his new club the prorated league minimum for any time spent on the big league roster/injured list. That sum would be subtracted from what the Cubs are paying him, but Chicago remains on the hook for the bulk of his contract regardless. And, so long as Neris signs with a new organization before Sept. 1 — even on a minor league deal — he can be eligible for that team’s postseason roster. (If he’s not on the 40-man at the time, he’d technically need to be a replacement for an injured player on the postseason roster, but such exceptions happen multiple times quite literally every season.)

As for Neely, he’ll be making his big league debut the first time he takes the mound in a Cubs uniform. The 24-year-old righty was the Yankees’ 11th-round pick in 2021 and has emerged as a legitimate bullpen prospect, brandishing a prototypical fastball/slider combination that’s helped him pitch to a combined 2.42 ERA with a whopping 38% strikeout rate against an 8.5% walk rate in 48 1/3 innings across the Double-A and Triple-A levels with the Cubs and Yanks this year.

MLB.com ranks Neely 18th among Chicago farmhands, while FanGraphs pegs him 22nd. The towering 6’8″, 245-pound Neely sits around 95 mph with his heater — and likely looks faster than that, given the extension his massive frame generates. FanGraphs credits him with a plus (60-grade) slider, while MLB.com’s report tabs it as a true plus-plus (70-grade) pitch — noting the massive whiff and chase rates that Neely generated on the pitch late in the 2023 season.

Neely won’t gain a full year of big league service in 2024, of course, so the Cubs will control him for at least six full seasons following the current campaign. Even if he’s in the majors for good, Neely can’t be arbitration-eligible until the 2027-28 offseason and wouldn’t hit free agency until the 2030-31 offseason. His contract is only just now being selected to the 40-man roster, however, meaning he’ll likely retain a full slate of three minor league option years beyond the current season. As such, future optional assignments could impact his arbitration and free agent timelines. For now, he’ll simply focus on carrying his excellent upper-minors work over to the big leagues and establishing himself as a credible major league bullpen weapon.

Latest On Cubs’ Deadline Plans

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The Cubs swung perhaps the most shocking trade of the summer so far today when they acquired third baseman Isaac Paredes from the Rays in exchange for young slugger Christopher Morel, relief prospect Hunter Bigge, and pitching prospect Ty Johnson. Paredes, as one of the best hitters available this summer, was rumored to be of interest to a number of win-now clubs such as the Dodgers, Yankees, and Mariners, but instead ended up in Chicago with a club that’s just 51-56 last year and recently saw its president of baseball operations admit the club was prioritizing the future with its approach to this year’s deadline.

The addition of Paredes, who is controllable through the end of the 2027 season, doesn’t necessarily go against that stated ethos. The same can be said for the club’s acquisition of Blue Jays reliever Nate Pearson, who is controlled through the end of the 2026 campaign. It appears the Cubs may be interested in adding pieces that aren’t set to remain with the club long-term, however, as Jon Heyman of the New York Post suggested this afternoon that the Cubs are among the teams showing interest in Giants lefty Blake Snell. The reigning NL Cy Young award winner got off to a rough start this year but has begun to right the ship in recent weeks, leading The Athletic’s Ken Rosenthal to suggest yesterday that teams view Snell as likely to opt out of the remainder of his contract at season’s end.

That reported interest in Snell is somewhat surprising, particularly given the fact that the Cubs have seemingly been fielding interest on veteran right-hander Jameson Taillon in recent weeks. The starting rotation has been an undeniable strength for the Cubs this year, as their 3.72 rotation ERA ranks 6th in the majors thanks primarily to elite performances from Taillon, Justin Steele, and Shota Imanaga. While adding a pitcher of Snell’s caliber would surely bolster the club’s rotation and could even allow the club to deal Taillon without suffering a short-term dip in production, the fact that clubs seemingly view Snell as more likely than not to head back to free agency this fall seems to directly contradict the club’s stated plan to focus on the future this summer.

Regardless of what the Cubs’ plans are regarding Taillon or a possible pursuit of Snell, Sahadev Sharma of The Athletic reported prior to today’s trade for Paredes that the Cubs are “listening” to offers regarding almost anyone on the roster but are focusing on trying to trade from their bullpen mix. Per Sharma, four relief arms in particularly are most frequently brought up by contenders interested in dealing with the Cubs over the coming days: right-handers Hector Neris, Julian Merryweather, and Mark Leiter Jr. as well as southpaw Drew Smyly. Of the quartet, Sharma suggests that veterans Smyly and Neris are the most likely to move, as each could become a free agent at season’s end.

Neris, who has posted an uneven season with a 3.68 ERA and 4.54 FIP this year, has a $9MM team option in his contract that will convert into a $9MM player option in the event that he reaches either 60 appearances or 45 games finished this year. With 39 appearances and 27 games finished so far this year, both benchmarks are within the realm of possibility, and Sharma suggests that this aspect of his contract “complicates” the possibility of a trade. Smyly, who sports a 2.79 ERA and 4.52 FIP in 38 2/3 innings of work this year, has a much less complicated contractual situation; his contract comes with a $10MM mutual option that is certain to be declined by one side or the other in favor of a $2.5MM buyout.

While Neris and Smyly seem unlikely to command massive returns, The Athletic’s Patrick Mooney, Will Sammon, and Katie Woo recently discussed the hefty price tags that have come with controllable relievers this season. Mooney, Sammon, Woo, and Sharma all believe that the Cubs intend to deal Leiter and Merryweather only if they can leverage that sellers’ market for cost-controlled relief arms, with Sharma noting that the asking price is “high” for Leiter in particular. The 33-year-old’s 4.37 ERA this year is unspectacular, but his massive 34.5% strikeout rate, a sparkling 2.18 FIP, and the fact that he can be controlled through the end of the 2026 season all could make him a very appealing addition for contenders in search of relief help. As for Merryweather, the 32-year-old has been injured much of this year but is now healthy, sports a 3.33 ERA and 3.44 FIP since joining the Cubs prior to the 2023 campaign, and comes with the same two additional season of club control that Leiter does.

Another consideration for the Cubs, whether they’re adding or subtracting from the current roster, figures to be the luxury tax. Chicago currently sports a luxury tax payroll of just under $234MM according to RosterResource, a figure that puts them a little more than $3MM under the first threshold of the luxury tax. The addition of a player with a hefty salary like Snell would surely put them well beyond that threshold, while dealing a player like Taillon or even a less expensive relief arm like Neris or Smyly would likely offer the Cubs additional breathing room below the tax threshold. Given the fact that Cubs chairman Tom Ricketts suggested back in February that the “natural” place for the club’s payroll to land was right up against the tax threshold, it would be something of a shock for ownership to greenlight spending beyond the luxury tax in a year where the club evidently is not expecting to make the postseason.

Hoyer: Cubs Prioritizing “2025 And Beyond” At Deadline

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This morning, The Athletic reported that the Cubs did not anticipate buying at the deadline. President of baseball operations Jed Hoyer essentially confirmed as much in a chat with reporters just before tonight’s matchup with the Brewers.

Hoyer said the front office will approach the deadline with an eye toward to the future. “Where we are right now, I would have to say that moves only for 2024 – unless things change over the next week – we probably won’t do a lot of moves that only help us for this year,” Chicago’s baseball ops leader said (link via Jesse Rogers of ESPN). “If moves help us for 2025 and beyond I think we’re exceptionally well positioned.”

While Hoyer left open the slight caveat that the situation could change this week, there’s not much ambiguity in how he expects to handle the deadline. He spoke frankly about the team’s “poor position” with regards to this season. “We simply dug a hole with underperformance for two months. That doesn’t affect how I view the organization or how I view things going forward but it certainly affects 2024,” Hoyer said.

It’s clear the Cubs aren’t going to pursue any impending free agents. Hoyer didn’t term Chicago’s approach as buying or selling. That leaves open the possibility of trying to acquire MLB talent that is under team control beyond this season. While that’s not unprecedented (the Reds’ acquisition of Trevor Bauer and the Mets’ deal for Marcus Stroman in 2019 are examples of teams acquiring controllable players at the deadline despite being out of contention), it’s not common. The Cubs would need to outbid teams that are motivated to land those players for both a potential playoff push this summer and future seasons.

Chicago’s farm system is regarded as one of the strongest in the league. That gives Hoyer and his staff the ammunition to make a deal for a controllable player of note, but the likelier outcome is that the Cubs will just move a few short-term veterans. Hoyer shot down any suggestion of a complete teardown, saying it’s “not going to be an option so (there’s) no point in going through the hypothetical.” That makes it unlikely they’d deal core pieces who are under contract or team control beyond this season (e.g. Justin Steele, Shota Imanaga, Ian Happ, Michael Busch).

Prioritizing 2025 would ordinarily put a team’s rentals on the table, but the Cubs don’t have much to offer in that regard. Kyle Hendricks, Drew Smyly (whose deal contains a $2.5MM buyout on a $10MM mutual option) and recent minor league signee Jorge López are the only true rentals. Hendricks is playing on a $16.5MM salary and has an earned run average pushing 7.00. While he has pitched better lately after a dismal start to the season, there’d be minimal interest. The Cubs could try to pay down almost all of the contract to find a trade partner. Hendricks also has full no-trade rights after reaching 10 years of MLB service (at least the last five of which have been with his current team) earlier this season.

Smyly has a 2.92 ERA across 37 innings in a long relief capacity. That solid run prevention isn’t supported by mediocre strikeout and walk rates (21% and 10.2%, respectively). Between his $8.5MM salary and the aforementioned option buyout, there’s likely to be limited interest in the veteran left-hander.

Cody Bellinger has the ability to opt out of the final two years and $50MM on his contract. He has had a fine but unexceptional season, hitting .269/.331/.410 across 344 plate appearances. That’d be a difficult contract to move even if Bellinger were healthy, and he went on the injured list a couple weeks ago with a broken finger.

If the Cubs wanted to more or less run things back in 2025, they’d be in for a very quiet deadline. Yet even if they’re not likely to move long-term core pieces, Chicago could entertain offers on role players who are controllable beyond this season. USA Today’s Bob Nightengale reported over the weekend that the Yankees and Red Sox were looking at starter Jameson Taillon, who’ll make $18MM annually between 2025-26. Rogers reports that the Cubs have also gotten interest in third baseman/DH Christopher Morel and relievers Héctor Neris, Mark Leiter Jr. and Tyson Miller.

Morel, 25, is under team control through 2028. He’ll be a borderline candidate for the Super Two cutoff for early arbitration next offseason. The Cubs are certainly under no financial pressure to move him, but it’s possible they’re prepared to move on if another team views Morel as a regular. Morel is a good athlete with big power upside who has never found a defensive home. Chicago has unsuccessfully tried him in second base and throughout the outfield in previous seasons. They’ve given him 562 innings at third base this year, hoping his top-of-the-scale arm strength would work at the position. Defensive Runs Saved and Statcast’s Outs Above Average have each given him very poor grades for his stint at the hot corner.

This also hasn’t been a great season for Morel at the plate. While he has 18 homers, he’s hitting .202 with a .304 on-base mark. It’s a step down from the .241/.311/.471 career slash line that Morel carried into the season. While that’s clearly not ideal, it belies some intriguing developments from a process perspective. Morel has upped his walk rate by a couple points while dramatically slicing his strikeouts. After fanning in over 30% of his plate appearances for his first two seasons, he’s striking out 23.8% of the time this year. An unsustainably low .221 average on balls in play has kept that from materializing into better results.

Even if the Cubs expect Morel’s offensive performance to normalize with an uptick in his average on balls in play, the lack of a defensive fit makes him a difficult player to value. The Cubs could hope to turn third base over to last year’s first-round pick Matt Shaw as soon as next season. They don’t have much in the way of short-term alternatives. If the Cubs traded Morel, they’d probably rely on Miles Mastrobuoni and Patrick Wisdom to cover the position for the rest of the season.

The Cubs should be open to offers on anyone in their bullpen. Neris has handled the ninth inning since Adbert Alzolay went down with a forearm strain. The offseason signee has been shaky, walking 16.1% of opponents and blowing four saves in 17 attempts. Neris had a 1.71 ERA for the Astros last season, but that’s up two runs this year thanks to his control woes. The 35-year-old righty is playing on a $9MM salary and has a matching option for next year. That’s currently a team option but would convert to a player option if Neris pitches in 24 more games.

Given his inconsistency, the Cubs aren’t likely to want Neris back at that price point. They’d presumably be happy to find a trade partner, but the potential for being saddled with a $9MM player option if Neris hits his vesting marker could make other teams wary. There’s less risk with regards to Leiter and Miller. The former is striking out 34.4% of opponents with a 50.6% grounder rate across 34 innings. He’s playing on a $1.5MM salary and is under arbitration control through 2026. Miller, whom the Cubs acquired from Seattle in May, has broken out with a 2.04 ERA while striking out nearly 26% of opponents across 35 1/3 frames.

Whether the Cubs get compelling enough offers to move anyone from that group remains to be seen. They’re not entirely buried in the Wild Card standings, sitting 3.5 games back of the last playoff spot (currently held by the Mets). With four intervening teams to jump, the front office has decided they’re at best a long shot to make the postseason. How much they’re willing to reshape the roster with the ’25 campaign in mind will be one of the bigger questions of the upcoming week.

Cubs Don’t Expect To Be Deadline Buyers

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The Cubs’ deadline trajectory has been an oft-discussed topic over the course of the past few weeks, with the team sitting at or near the bottom of the NL Central but also within striking distance of the final NL Wild Card spot. They’ve ostensibly explored possibilities on both ends of the buy/sell spectrum, showing interest in Toronto catcher Danny Jansen while also reportedly talking with both the Yankees and Red Sox about the potential of a Jameson Taillon trade. The Cubs dropped their first two games coming out of the All-Star break to a D-backs team that’s now tied for the final Wild Card spot, though they dodged a sweep in an extra-inning win Sunday.

While the Cubs are 3.5 games out in the Wild Card hunt, the latest report from Patrick Mooney, Ken Rosenthal and Will Sammon of The Athletic indicates that the Cubs aren’t planning to be buyers at next week’s trade deadline. That’s not an indication there’ll be any kind of prominent fire sale for the Cubs either, however. Chicago hopes to contend next year and isn’t likely to move players who are under control unless they receive big league-ready talent in return.

As for the Cubs’ slate of rental players, there’s simply not much to peddle to other clubs. Drew Smyly is sitting on an impressive 2.92 ERA in 37 relief innings, but he’s also walked 10.2% of his opponents and is playing on a contract other teams will want to avoid. Smyly is owed the balance of an $8.5MM salary for the current season (about $3.2MM) in addition to a $2.5MM buyout on a $10MM mutual option for the 2025 season.

Righty Kyle Hendricks is a free agent at season’s end but isn’t going to draw any interest with a $16MM salary and a 6.69 ERA (unless the Cubs eat the entirety of his contract, perhaps). Hector Neris has a 3.74 ERA and 24.2% strikeout rate in 33 2/3 innings — but he’s also walked a career-worst 16.1% of opponents. Neris is playing on a $9MM salary, and his $9MM club option will convert to a player option if he appears in 24 more games this season (60 total). That’s going to turn off any potentially interested parties. Cody Bellinger can become a free agent at season’s end, but he’s on the injured list with a fractured finger and the two opt-out provisions on his three-year deal would’ve made trading him extraordinarily difficult anyhow.

The Athletic’s report at least raises the speculative possibility of listening to offers for starter Justin Steele, though with three-plus seasons of club control remaining, the price would presumably be as high or even higher than the asks for crosstown ace Garrett Crochet (two years of club control remaining) and AL Cy Young front-runner Tarik Skubal (the latter of whom is not expected to be traded). There’s no reason to think the Cubs would outwardly shop Steele, but listening to see if someone steps up with a Juan Soto-esque haul for last year’s fifth-place NL Cy Young finisher is sensible enough.

With regard to Taillon, there’d be some sense to moving him even if the team doesn’t envision a broad-reaching sell-off. In signing any free agent to a long-term deal, a team is most interested in the first couple years of said contract. The 2025-26 seasons will be Taillon’s age-33 and age-34 campaigns. He’ll earn $18MM in each season on his slightly backloaded $68MM deal. Moving him would free up some money to potentially spend on a younger pitcher this offseason — or perhaps on another area of need entirely.

The Cubs control Steele, Shota Imanaga, Javier Assad, Ben Brown, Hayden Wesneski and Jordan Wicks through at least the 2027 season. Prospects Cade Horton and Brandon Birdsell are rising quickly through the system. There’s some depth from which to deal, and a Taillon trade could bring in talent, shed future payroll and reduce future luxury tax obligations. Taillon wouldn’t command nearly the same type of haul as Steele for a number of reasons (age, salary, general talent level), but there aren’t many arms available so the Cubs could conceivably take advantage of that shortage and see what the market bears.

It’s worth emphasizing, too, that most teams’ plans remain pretty fluid this time of year. While teams facing a gaps of eight, nine, ten or more games in their respective postseason pursuits are sure to focus on selling (just as clubs in the opposite position will primarily focus on adding), nearly half the teams in baseball exist in a relative purgatory between those two ends of the spectrum. There’s currently a three-team tie for the third NL Wild Card spot (Mets, D-backs, Padres), and another five teams are within four games of that final spot — the Cubs among them. In the American League, there are four teams within six games of the final Wild Card spot.

For instance, if the Cubs snapped off six or seven straight wins beginning today, they’d presumably be far more open to the idea of adding some pieces. That’s particularly true because their next three games come against the division-leading Brewers. But a win streak of that nature is always a long shot, and it’s plenty notable that for the time being, Chicago isn’t viewing itself as a team that will trade even lower-caliber minor league talent in exchange for some marginal rental upgrades. Time will tell whether the players on the field can push the front office to take a more aggressive stance, but right now it seems likely the Cubs are in for a relatively quiet deadline.

Cubs Sign Hector Neris

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The Cubs have signed right-hander Hector Neris to a one-year, $9MM contract, ESPN’s Jeff Passan reports (via X).  There is a $9MM club option attached for the 2025 season, and that vests into a player option if Neris makes at least 60 appearances this season.  Between that option and additional incentive bonuses, the deal could be worth as much as $23.25 over the two seasons.  Neris is represented by Octagon.

Best known for his time as the Phillies’ closer, Neris has spent the last two seasons in Houston, and is coming off (technically) the best year of his decade-long Major League career.  Neris posted a 1.71 ERA over 68 1/3 innings out of the Astros’ bullpen, with an excellent 28.2% strikeout rate and some of the best soft-contact numbers of any pitcher in baseball.

There were a few red flags, however, which is likely why the righty landed what is officially just a one-year guarantee.  Neris’ fastball velocity dropped to 93mph in 2023, rather markedly down from the 94.3mph average of his first nine seasons.  He also had an 11.4% walk rate, marking the third time in the last four seasons that Neris’ walk rate has sat within the bottom 23rd percentile of all pitches.  With a tiny .219 BABIP and a big 90.5% strand rate also aiding his efforts, Neris’ 3.89 SIERA was over two runs higher than his real-world ERA.

It’s fair to assume that some regression is in order, and these troubling secondary metrics aren’t exactly a great sign for a pitcher who turns 35 in June.  However, even if Neris’ 2024 ERA is closer to that 3.89 figure, he still figures to bring value to Chicago’s relief corps in terms of both results and durability.  Neris has a league-best 307 appearances since the start of the 2019 season, and a stint on the COVID-related injury list in 2020 marks the only time Neris has ever appeared on the IL during his big league career.

This kind of durability holds particular appeal for a Cubs team that was hit hard with bullpen injuries down the stretch, which contributed to Chicago’s 12-16 record in September and subsequent near-miss of a wild card berth.  The Cubs were naturally known to be looking for relief help, though president of baseball operations Jed Hoyer has traditionally been wary about committing big money to the pen given the year-to-year volatility of many relievers.

In that sense, Neris’ contract represents more aggression even if it remains a one-year deal, considering that the Cubs haven’t gone beyond $5MM on a relief pitcher since signing Craig Kimbrel in June 2019.  Should Neris eat his usual amount of innings, hitting the 60-appearance threshold shouldn’t be too much of an issue, and thus he would top the two-year, $15MM deal that MLBTR projected for the reliever at the start of the offseason.  Neris ranked 46th on our list of the winter’s top 50 free agents.

Neris has a similar clause in his previous deal, a two-year/$17MM pact signed with Houston in the 2021-22 offseason.  The Astros held an $8.5MM club option ($1MM buyout) on Neris for 2024 that vested into a player option if Neris both passed a physical after the 2023 campaign, and if he made at least 110 appearances over the course of the two seasons.  Neris ended pitching in 141 games, and then opted to decline his player option to re-enter the market in search of a richer deal.

Adbert Alzolay blossomed as the Cubs’ closer in 2023, and Neris will now step right in as Wrigleyville’s top setup option.  Neris joins Yency Almonte as newcomers in the relief corps, and it can’t be assumed that the Cubs are now done with their bullpen shopping.  Adding another veteran on at least a minor league deal seems like a possibility, and if Neris represents a bit of a splashy spend, perhaps Chicago could look for another reliever on a guaranteed deal within that sub-$5MM comfort zone.

The Cubs’ payroll now sits at roughly $196.3MM, and there’s still plenty of room to go before Chicago hits the $237MM luxury tax threshold.  A big-ticket signing like Cody Bellinger could naturally absorb a lot of that remaining space, but there’s still plenty of flexibility for Hoyer during what has been a pretty quiet winter overall for the Cubs.  The Shohei Ohtani pursuit carried a lot of the team’s attention in the offseason’s first month, though the Cubs have since added Shota Imanaga and Neris in free agency, while also adding Almonte and Michael Busch in a trade with the Dodgers.

The Astros, Cardinals, Mets, Rangers, and Yankees were all linked to Neris at various points this offseason.  Earlier this month, it seemed as if the Rangers and Yankees were looking like the favorites to sign the right-hander, but Chicago ended up emerging to win the bidding.

Photo courtesy of USA Today Sports Images

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