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  • Chicago Cubs Trade & Free Agent Rumors

    Follow the latest Chicago Cubs trade and free agent rumors, along with quick notes on the big league club, the minor leagues and the draft.
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    Steve Drumwright
    The Chicago Cubs have their closer back.
    Right-hander Daniel Palencia was activated from the 15-day injured list Sunday, with right-handed reliever Yacksel Rios being designated for assignment. Palencia had been out since April 17 with a strained left lat.
    The Cubs' pitching staff has been decimated by injuries, but the team has still put together the best record in the NL Central at this early stage of the season at 21-12 entering Sunday's action. The Cubs still have nine pitchers on the injured list.

    Palencia's return fortifies the bullpen. He had yet to allow a run in five appearances when he went down, walking two and striking out five in five innings.
    Rios was called up a week ago Sunday and made just one appearance, going 1⅔ scoreless innings that day against the Los Angeles Dodgers, striking out two.
     
    Brian Kelder
    Craig Counsell had bad news for fans hoping Justin Steele could return soon and bolster the beleaguered pitching staff on 104.3 The Score.
    Brutal news all around. Steele, eligible to come off the 60-day injured list at the end of May, has a flexor strain in his left arm. He will be shut down for at least two weeks while the Cubs and his medical team determine the injury severity and next steps. 
    Realistically, this takes Steele out of the rotation mix for most of this season, and at least the majority of the first half. Even a best-case scenario at this point would mean he starts a lengthy rehab assignment toward the end of June, which could maybe position him for a post-All-Star-Break season debut.
    Steve Drumwright
    After a rough medical start to the season, the Chicago Cubs are starting to get some of their arms back.
    The latest is right-handed reliever Phil Maton, who was activated Monday off the 15-day injured list. Left-handed reliever Charlie Barnes, who was called up Sunday, was sent back to Triple-A Iowa.
    Maton is a welcome veteran addition to the Cubs' bullpen. He has been on the IL since April 10 with tendinitis in his right knee and threw one scoreless inning Friday for Iowa. He was not off to a great start after signing as a free agent in November. In four innings over five appearances before going on the IL, Maton had a 13.50 ERA, allowing six runs on six hits, including a homer, with four walks and five strikeouts and two hit batters.
    Maton made his MLB debut in 2017 and has a 4.06 ERA. He started 2025 with the St. Louis Cardinals, then was dealt to the Texas Rangers at the trade deadline. He had a combined 2.79 ERA in 63 games and 61⅓ innings.
    Barnes did not pitch Sunday and has one three-inning appearance in his two call-ups this season.
     
    Steve Drumwright
    The Vince Velasquez feel-good comeback story lasted one game.
    Velasquez, a right-handed pitcher, on Sunday was designated for assignment by the Chicago Cubs. But there was more bad news from the Cubs as left-hander Riley Martin went on the 15-day injured list with inflammation in his left elbow.
    Left-hander Charlie Barnes and right-hander Yacksel Rios were called up from Triple-A Iowa. Rios was not on the 40-man roster, thus the need to DFA Velasquez. Martin makes it 11 pitchers currently on the IL for the Cubs.
    Velasquez pitched in Saturday's 12-4 loss to the Los Angeles Dodgers, going 2⅓ shutout inxnings with one hit and no walks while striking out one. He now hits the waiver wire. If Velasquez goes unclaimed or isn't traded, it is possible he returns to the organization.
    Martin was called up April 5 to make his MLB debut and appeared in eight games, posting a 2.16 ERA, walking two and striking out 10 in 8⅓ innings.
    Barnes is back after a brief call-up in which he appeared in one game, allowing four runs on four hits and three walks with one strikeout in three innings on April 13 against the Philadelphia Phillies.
    Rios is a 32-year-old who made his MLB debut in 2017 with the Philadelphia Phillies. He has appeared in 92 games, all in relief, and has a 6.32 ERA. He lasted appeared in the majors in 2023 with the Oakland A's, pitching in three games and allowing seven runs in 1⅔ innings.
     
    Steve Drumwright
    Vince Velasquez's comeback has reached the majors. Again.
    The Chicago Cubs called up the right-handed starter, who hasn't appeared in an MLB game since 2023, from Triple-A Iowa on Friday. He replaces left-handed reliever Caleb Thielbar, who sustained a strained left hamstring in Thursday's 8-7 walk-off win over the Philadelphia Phillies. The Cubs also called up from Triple-A infielder Nicky Lopez, acquired via trade Thursday from the Colorado Rockies.
    To clear a spot on the 40-man roster for Velasquez and Lopez, infielder Scott Kingery was designated for assignment and right-handed reliever Porter Hodge was transferred from the 15-day injured list to the 60-day IL.
    Velasquez is the latest addition to a beleaguered pitching staff. He last pitched in the majors in 2023 with the Pittsburgh Pirates, before undergoing Tommy John surgery on his 31st birthday in June of that year. He latched on with the Cleveland Guardians in 2024, signing a minor-league contract and even got a call-up last year for a couple days in May, but did not pitch.
    He figures to get a chance to pitch for the Cubs, who have 10 pitchers on the IL, including four who are now on the 60-day IL. Velasquez had made four appearances, all but one a start, for Iowa this season, with a 3.71 ERA, walking  nine and striking out 17 in 17 innings.
    Lopez had a slash line of .333/.387/.519 with one homer and eight RBIs in 15 games for the Rockies' Triple-A team before being acquired for cash Thursday.
    Kingery made the Cubs' Opening Day roster, but appeared in just eight games, going 1-for-4.
    Brian Kelder
    According to ESPN's Jesse Rogers, the Cubs have acquired Nicky Lopez from the Colorado organization:
    Lopez has played this season for the Rockies' Triple-A squad, batting .333 with a home run in 54 at=bats. Last season, Lopez did play for the Cubs, but was ineffective at the plate with just one hit in 18 at-bats. 
    The Cubs are looking for infield depth and a late-inning defensive replacement. There hasn't been a corresponding move, so it seems as if Lopez will start his time with the Iowa Cubs, not the big-league squad. He can play across the infield. Given the ineffectiveness Scott Kingery has displayed thus far, manager Craig Counsell may opt for Lopez going forward to improve the team's defensive depth. 
    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.
     
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