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  • Chicago Cubs Free Agent & Trade Rumors, Notes, & Tidbits

    The latest Chicago Cubs free agent and trade rumors, along with notes and tidbits about the team.
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    Steve Drumwright
    Already on a roll, the Chicago Cubs now have their best pitcher back on the roster.
    Left-hander Matthew Boyd was activated from the 15-day injured list Wednesday in time to start against the Philadelphia Phillies. Left-handed reliever Luke Little was optioned to Triple-A Iowa. The Cubs have won seven in a row.
    Boyd, the Cubs' Opening Day starter, went on the IL April 6 with a strained left biceps after making two starts. He has a 6.75 ERA in 9⅓ innings with three walks and 17 strikeouts. Boyd had one rehab appearance at Iowa, setting him up for Wednesday's return.
    Despite a slew of injuries, including Tommy John surgery for right-hander Cade Horton, starting pitching has been a recent strength. Now, that rotation gets even better with Boyd's return. The Cubs are also waiting for left-hander Justin Steele to come back from his UCL revision surgery. He is expected to return sometime before the All-Star break.
    Little was called up April 14, but made only one appearance, allowing a run in one inning on April 15 in an 11-2 win over the Phillies.
     
    Steve Drumwright
    Veteran right-hander Corbin Martin had his contract selected from Triple-A Iowa and will be in the Chicago Cubs' bullpen for Saturday's game against the New York Mets.
    Martin was called up after closer Daniel Palencia went on the 15-day injured list just before Friday's game with a strained left oblique. To make room on the 40-man roster, right-handed starter Cade Horton was transferred from the 15-day IL to the 60-day IL. Horton underwent Tommy John surgery Thursday and will be out the remainder of the season.
    The 30-year-old Martin had appeared in just two games for Iowa this year, allowing one run on one hit with two walks and three strikeouts in two innings. The Cubs will be the fourth MLB team for Martin, who made his MLB debut in 2019 with the Houston Astros. He also pitched in 2021-22 with the Arizona Diamondbacks and in 2025 with the Baltimore Orioles. 
    He has appeared in 34 games, including 10 starts, across those four stops with a 6.95 FIP (5.79 ERA) with a 12.8% walk rate and 20.7 strikeout rate.
     
    Steve Drumwright
    Injuries continue to strike the Chicago Cubs' pitching staff.
    Right-handed closer Daniel Palencia went on the 15-day injured list Friday with a strained left oblique. A corresponding move to fill Palencia's spot on the active roster was not immediately announced, leaving the team shorthanded for Friday's game against the New York Mets.

    Palencia becomes the 10th Cubs pitcher to currently be on the injured list, which has challenged the team's depth. He has made five appearances this season, recording a save in his only opportunity while not allowing a run in five innings. Palencia has allowed three hits and two walks with five strikeouts. Palencia last pitched Sunday, getting the win after pitching the top of the ninth in the Cubs' 7-6 walk-off win over the Pittsburgh Pirates.
    Palencia emerged as the Cubs' closer last season, converting 22 of 25 save chances and posting a 2.91 ERA in 54 appearances.
    Right-hander Colin Rea is the only other Cub with a save this season, but he is now part of the starting rotation due to the slew of injuries. With Phil Maton, Hunter Harvey, Porter Hodge and Jordan Wicks also on the IL, the Cubs are likely to use a committee approach to the closing duties.
     
    Brian Kelder
    The Chicago Cubs and 35-year-old reliever Ty Blach have signed a minor-league deal, and he will report to Triple-A Iowa. The news was first reported by Tommy Birch:
    Blach last pitched in the major leagues for Colorado in 2022-2024. In his last season for the Rockies, his ERA was an elevated 6.94 with a 1.70 WHIP. Blach's most successful stretch came from 2016-2018 for the San Francisco Giants, where he threw 299 innings with a 4.36 ERA. In 2025, Blach toiled in the minors in the Rangers' system. 
    Last season, Blach pitched 56 innings with a respectable 3.58 ERA. Command is his hallmark; the fastball doesn't top 89 on average. With such a slow fastball, his seven percent walk rate and 46% ground ball rate are important to his success. If he can limit hard contact, Blach could play a role at some point this season.
    In a season where the Cubs have eight pitchers on the IL, and two already lost to season-ending UCL injuries, Blach will serve as depth if needed in Chicago. The Cubs likely won't need him, but if injuries continue at this pace the signing could pay dividends. 
    Steve Drumwright
    The Porter Hodge situation took a dramatic turn Wednesday.
    The right-handed reliever, who has appeared in 75 games over the past two seasons, will have surgery on the ulnar collateral ligament in his throwing elbow next week, manager Craig Counsell said before Wednesday's game against the Philadelphia Phillies. That would put most if not all of next season in jeopardy for Hodge.
    Counsell said Hodge, who began throwing again April 4 after being shut down early in spring training, recently had a setback that led to the decision to have the procedure, which will take place Monday. Right-handed starter Cade Horton is slated to have his UCL reconstruction surgery Thursday.
    The 25-year-old Hodge made his MLB debut in 2024 and had a fantastic year. In 39 appearances, Hodge compiled a 1.88 ERA and converted nine of 12 save opportunities. His 2025 was almost the opposite of his rookie year as Hodge's ERA blew up to 6.27 in 36 games, including two saves in five chances.
     
    Steve Drumwright
    The competition for right-handed starter Lucas Giolito is heating up, which means there could be a decision soon on one of the top free agents from this past offseason.
    According to The Athletic on Tuesday, the Chicago Cubs and San Diego Padres are the top contenders to land the 2019 All-Star who has yet to find a home despite a moderately successful 2025, his first season back from Tommy John surgery. Giolito had a 4.17 FIP (3.41 ERA) in 26 starts for the Boston Red Sox last year.
     
    The Cubs and padres are in need of fortifying their starting rotations.
     
    The Cubs are in a more precarious situation at the moment. Right-hander Cade Horton, last year's NL Rookie of the Year runner-up, is likely to undergo season-ending surgery on his right UCL in the latest blow to an injury-ravaged staff. Left-hander Matthew Boyd, the Cubs' Opening Day starter who is on the 15-day injured list with a strained left biceps, is slated to have one rehab appearance before rejoining the rotation next week.
    Padres Opening Day starter Nick Pivetta left Sunday's game with stiffness in his right elbow. More on his fate, which is likely to include a trip to the injured list, could be revealed Tuesday.
    Giolito, who had three top-11 finishes in AL Cy Young Award voting (2019-2021) with the Chicago White Sox, is a Southern California native who has said he has been throwing bullpen sessions of 75 pitches to stay in shape and hasn't signed because no team has met his price.
     
    Brian Kelder
    Iowa Cubs reporter Tommy Birch broke the news Tuesday that the Cubs are adding LHP Luke Little and RHP Ryan Rolison to their active roster. With Hunter Harvey (triceps) and Phil Maton (knee) on the shelf, and recently recalled Charlie Barnes unavailable due to pitching three innings of mop-up work, the Cubs' bullpen was in need of fresh arms. 
    The 6-8 LHP Little has struggled with command in Triple-A Iowa, currently sporting a 1.96 WHIP paired with a 4.70 ERA. He has struck out nine batters in seven innings on the mound, but 10 walks in that time frame seem to indicate that he's slated for mop-up duty in Chicago.
     
    Rolison has a slightly lower 3.68 ERA, but a higher WHIP at 2.00. Walks are his bugaboo; he has six walks in just seven innings pitched. Rolison does have ten strikeouts, so maybe he can corral his electric stuff in Chicago.
    Brian Kelder
    Matthew Boyd threw a bullpen session on Sunday and will make his second rehab start in Iowa later this week. Boyd, on the IL with a bicep injury, seems to have dodged a long-term issue. If all goes well, he'll be slated to pitch next week in a home series vs. the Philadelphia Phillies.
    Boyd's return will bolster a pitching staff that has been beset with injuries. Cade Horton is done for the season, and the bullpen lost Phil Maton (knee) and Hunter Harvey (arm) for a period of time. Their absence is particularly troublesome with the Cubs about to play 13 games in 13 days. 
    Steve Drumwright
    Perhaps now we know why Hunter Harvey was struggling in the early stages of the season.
    The Chicago Cubs' right-handed reliever was placed on the 15-day injured list Sunday due to right triceps inflammation. Left-handed reliever Charlie Barnes was promoted from Triple-A Iowa and added to the 40-man roster, which had an open spot.

    Harvey becomes the eighth pitcher to go on the IL this year. Signed to a one-year, $6 million contract with an option for 2027, Harvey has appeared in four games with a 8.37 FIP (6.75 ERA), allowing three runs, including two homers, with one walk and four strikeouts in four innings. He last appeared in a game Wednesday, facing the minimum three batters while giving up a hit in the ninth inning to finish off a 6-2 win over the Tampa Bay Rays.
    Barnes is back in the majors for the first time since 2021 with the Minnesota Twins. He made three appearances, one start, at Iowa and posted a 2.38 ERA in 11⅓ innings. Barnes gave up three runs on eight hits, but did walk eight while striking out 14. He made nine appearances for the Twins five years ago with a 5.92 ERA, then spent the next three seasons with Lotte of the Korea Baseball Organization.
     
    Steve Drumwright
    Right fielder Seiya Suzuki is making his much-anticipated return to the Chicago Cubs' lineup Friday.
    Suzuki was activated from the 10-day injured list following his sprained right posterior cruciate ligament during the World Baseball Classic while playing for Japan. Outfielder Dylan Carlson was designated for assignment.
    The Cubs also made a move in their bullpen, putting right-hander Phil Maton on the 15-day IL with tendinitis in his right knee and calling up Ethan Roberts from Triple-A Iowa.
    Suzuki will be a welcome addition to a Cubs offense that entered Friday's game against the Pittsburgh Pirates with a .680 OPS, which ranked 14th in MLB. He is coming off a 2025 in which he slashed .245/.326/.478 with career highs of 32 homers and 103 RBIs.
    Carlson signed a minor-league contract in January and made the club out of spring training primarily due to Suzuki's injury. But Carlson appeared in just three of 12 games, going 0-for-4 with a run scored and two strikeouts. If he clears waivers, it is possible that he reports to Triple-A to remain in the organization.
    Maton had struggled in his five appearances, posting a 13.50 ERA in four innings with four walks and five strikeouts. Roberts is back for his second stint with the Cubs this season after being the extra player for Sunday's doubleheader, getting the final two outs of the 6-5 loss to the Cleveland Guardians.
     
    Brandon Glick
    When it rains, it pours. Less than two days after Cade Horton was placed on the injured list with a forearm strain, Opening Day starter Matthew Boyd has joined him there with a bicep strain.
    Boyd hasn't had the best start to the 2026 season, though he's looked downright filthy at times while flashing a 45.9% strikeout rate. In his stead, swingman Javier Assad will return from Triple-A Iowa to take his place back in the rotation. Colin Rea will replace Horton.
    Including Justin Steele, who is still recovering from elbow surgery, and Jordan Wicks, who has been dealing with elbow inflammation since the start of camp, the Cubs are now down four starting pitchers. The next man up would be Ben Brown, perhaps followed by top pitching prospect Jaxon Wiggins.
    Alexis Farinacci
    Major League Baseball on Wednesday announced and informed teams of the updated slot values and bonus pools for the 2026 MLB Draft taking place in Philadelphia, July 11-13.
    All pick values saw a 2.5 percent increase from 2025, which comes from the overall growth in MLB’s revenue year to year. Coming into the 2026 draft, per Jim Callis of MLB.com, the Chicago Cubs have an $9,644,100 bonus pool. That ranks 20th among all 30 teams this year. The Cubs have the 23rd pick in the first round of the draft. Slotted at No. 23 in round one, they have a slot value of $3,947,600. Because they were a playoff team in 2025, they were ineligible to move up in the lottery since their team was not impacted by other teams. Moving down to No. 25 from No. 17 in 2025, their slot value is $803,200 less than in 2025 for that round one pick.
    In 2025, the Cubs selected outfielder Ethan Conrad with their 17th overall pick. Conrad was drafted out of Wake Forest and still had a high upside despite dealing with a shoulder injury.
    Moving on to the second round, the Cubs’ No. 62 pick has a slot value of $1,487,200. They will then select at No. 75 with a free-agent compensation pick. That pick is worth $1,120,900 and is in exchange for Kyle Tucker, whom the Dodgers signed in January to a four-year, $240 million deal. 
    The Cubs will select at No. 98 in round three, which has a slot value of $800,000. In round four, they will select at No. 126, with a slot value of $609,200.
    Round five, their slot value for pick No. 159 drops to $441,300, with round six (pick No. 188) at $344,400. As the draft continues, pick No. 217 in round seven has a value of $272,000, and round eight decreases to $224,100 for pick No. 247, followed by round nine (Pick No. 277) at $204,100, and pick No. 307 (tenth and final round) at $193,300 as they round out their draft.
    Because the Cubs have a lower pick, it is likely they will spend more than teams with higher picks and higher slot values.
    Heading into the draft, the Cubs are predicted to have an offensive-heavy draft, targeting college-level athletes. Prospects they’re said to be targeting include middle infielder Eric Becker out of Virginia, Zion Rose out of Louisville, and second baseman Chris Rembert from Auburn.
    Becker is a player with fast bat speed and great instincts at the plate. Rose is a physical, plus-hitter with a lot of power. A Chicago native, Rose would be right at home in Chicago.
    Rembert out of Auburn is another target of Chicago’s. He’s a pure hitter with great ability.
    The Chicago White Sox have the No.1 pick and will be on the clock on July 11 when the MLB draft begins. They have a slot value of $11,350,600.
    Paul Niemiec
    The Chicago Cubs have signed former Astros outfielder Chas McCormick to a minor-league contract with an invite to Spring Training, per Chandler Rome of The Athletic.
    McCormick was outrighted off the Astros roster following the 2025 season where he missed nearly 2 months with a left oblique strain. He appeared in 64 games at the Major League level and slashed .210/.279/.290 with a -1.0 WAR. For the second straight season, McCormick appeared in fewer than 100 games while posting a negative WAR. 
    McCormick is nothing more than an outfield depth flier for the Cubs. The soon-to-be 31 year old looked like a late-blooming star in 2023 when he hit .273 with 22 home runs, 19 stolen bases, and an .842 OPS; all while playing above average defense across the outfield. As it stands, McCormick will be competing for a backup outfielder role with top prospect Kevin Alcantara and newly acquired Justin Dean, who are both on the 40 man roster. 
    Matthew Lenz
    Following the acquisition of superstar third baseman Alex Bregman, rumors have been swirling about the Chicago Cubs and two of their utility infielders regarding their roles with the team. While it seems unlikely that Nico Horner ends up being traded, Matt Shaw seems like a more likely candidate. Or, maybe they'll just turn him into a super utility…
    John Antonoff shared a video via his X account of Chicago Cubs infielder Matt Shaw taking reps in the outfield. However, how deep we can look at that remains to be unclear.
    On one hand, they could be getting shot reps so that he can play either corner outfield spot when Ian Happ or Seiya Suzuki needs a rest. While both players are strong, offensively, they are both average, two slightly below average, defenders at their respective positions. Shaw's experience in the outfield is extremely limited, while he doesn't have any professional experience, he did appear and left and right field a total of 40 times as an amateur. Depending on how quickly he can pick up outfield defense, he may not be much of a downgrade when half or Suzuki need a day off.
    On the other hand, the Cubs could be using this time as an opportunity for teams to see that Shaw in the outfield is within the realm of possibility. 
    Do you think the Cubs end up hanging onto Shaw? Let us know in the comments!
    Matthew Lenz
    Over the weekend, Chicago Cubs general manager Carter Hawkins suggested that the franchise is willing to surpass the competitive balance tax threshold and pay luxury tax in the 2026 season, given the team's status as a contender. While it was initially thought that it would impact a potential return in a Matt Shaw or Nico Hoerner deal, recent reports suggest that the Cubs may not be done in free agency.
    While on 670 The Score, Bruce Levine reported that talks between the Cubs and Zac Gallen are (still) "ongoing". It was erroneously reported over a month ago that the two sides had agreed to a deal. Additionally, Jon Heyman of the NY Post is reporting that the Cubs are one of many teams interested in utility man Miguel Andujar.
    For a dive into Gallen, be sure to check out our own Matthew Trueblood's analysis from early December. We at Diamond Centric predict that Gallen will sign a four-year, $74 million deal.
    On the other hand, Andujar is a new name in the fold. At 31 years old, Andujar is coming off his best season with a .822 OPS (125 wRC+) and 10 home runs. With the Oakland Athletics and Cincinnati Reds, he played a little bit in each of the corner infield and corner outfield spots. The need for Andujar is questionable as the team is flush with versatile depth after acquiring Alex Bregman, Tyler Austin, and Justin Dean this offseason. However, Andujar would represent an upgrade over the latter two names.
    Do you think the Cubs should sign either or both players? Let us know in the comments!
    Matthew Lenz
    The Chicago Cubs see themselves as contenders in 2026. After the offseason they've had, that is a completely justifiable viewpoint to have. In fact, a recent report suggests that they are willing to do what it takes to topple the modern-day "evil empire known" as the Los Angeles Dodgers.
    Jesse Rogers of ESPN reports that Chicago Cubs general manager Cody Hawkins has said paying the luxury tax in 2026 is "less of a consideration." He added that the team will remain active in the free-agent and trade markets if something presents itself.
    Although not off the table, realistically, this likely indicates the Cubs' willingness to add payroll via trade. Cody Bellinger and Framber Valdez represent the two biggest names left on the free agent market, and the Chicago Cubs have not been tied to either player. However, the Alex Bregman signing created an opportunity to shop Matt Shaw and/or Nico Hoerner to two teams in need of versatile infield help.
    It would be in those trade talks, which have reportedly already been presented, where the Cubs would be willing to add a high-impact player to their roster regardless of what it would mean for their payroll and luxury tax situation.
    If the Cubs were to pay the luxury tax, which player(s) currently available would be worth it? Let us know in the comments!
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