Cubs Rumors

Three full offseasons have elapsed since the Cubs signed Yu Darvish to a six-year contract, and the only multi-year arrangement they’ve signed with a free agent in the offseasons since was a two-year, $5MM deal to utilityman Daniel Descalso. Even including the in-season three-year contract Craig Kimbrel signed in 2019, the Cubs’ total free-agent expenditures over the past three years comes to just under $82MM — about 65 percent of the total figure they gave to Darvish alone. Suffice it to say, they haven’t been especially active — at least not by the standards of a former $200MM-payroll club that plays in one of the game’s largest markets.

Team chairman Tom Ricketts has attributed the downturn in spending to myriad factors. As far back as 2019, he claimed that the Cubs “didn’t have any more” resources to commit to payroll, and in the years since he’s referenced the “dead-weight loss” associated with paying the luxury tax and “biblical” losses during the Covid-19 pandemic.

The 2021 season, of course, saw the Cubs blow up the core of their World Series-winning 2016 team. They traded Kris Bryant, Anthony Rizzo and Javier Baez (as well as several other veterans) prior to the deadline. Now, with a much cleaner payroll slate, Ricketts has publicly indicated for the first time in several years that the club plans to spend to some extent this winter.

“We have the resources necessary to compete in 2022 and beyond, and we will use them,” Ricketts wrote in a letter to season ticketholders Friday. “We will be active in free agency and continue to make thoughtful decisions to bolster our roster.” He goes on to stress that the organization “respects” the “high expectations” of fans and shares their desire to win. “We commit to fielding a competitive team reflective of your unrivaled support,” Ricketts added.

Cubs fans will surely be relieved to see any ownership mention of spending after a few seasons marked by payroll cuts. That said, Ricketts’ use of “thoughtful” might not set the stage for major expenditures — particularly when taken in conjunction with president of baseball operations Jed Hoyer’s recent comments about being “opportunistic.” Hoyer noted that the type of flashy, aggressive moves made when teams strive to “win the offseason” can quickly become detrimental once the initial excitement fades.

Having gone out of his way to promise that the club will be active in free agency, Ricketts will surely push the front office to spend to some degree. The more meaningful question will come down to what constitutes an “active” offseason, particularly after Hoyer’s more measured comments last week. Gordon Wittenmyer’s recent interview with Carlos Correa over at NBC Sports Chicago will no doubt have Cubs fans dreaming of a mega-deal for a new franchise shortstop, but it’s hard to imagine the team going in such an aggressive direction not even a year into this retooling/rebuilding process.

Hoyer has been clear that this won’t be a full teardown to the extent of the Cubs’ prior rebuild, but Chicago is lacking depth all over the diamond. Pouring so many resources into one position at a time when there’s a dire need for starting pitching, outfield help and long-term options elsewhere in the infield would register as a surprise. The Cubs probably do have that type of financial wherewithal — we’ve seen as much in the past — but Hoyer’s comments portend a series of smaller-scale signings aimed at addressing many areas of need up and down the roster.

As the Cubs (and most other teams around the game) shift their focus to the offseason, president of baseball operations Jed Hoyer told reporters this week that improving and deepening his pitching staff will be his “No. 1 priority” this winter (links via Russell Dorsey of the Chicago Sun-Times and Gordon Wittenmyer of NBC Sports Chicago). That said, Hoyer also preached the importance of utilizing the team’s considerable financial flexibility “in an intelligent way” and pointed to Rays and Giants as examples of teams who made under-the-radar moves to bring themselves into the postseason.

As one would expect, Hoyer didn’t expressly rule out the addition of any marquee free agents. However, he also pushed back against the notion of “winning” the offseason — noting that such aggressive pushes can often “be a real negative” — and instead spoke of acting in a more “opportunistic” manner. While pitching may be the primary focus of the Cubs’ offseason dealings, then, it doesn’t sound as though Hoyer is embarking on an all-out pursuit for top-of-the-market additions.

That the Cubs would prioritize pitching — particularly starting pitching — is to be expected after their starters were among the worst in baseball in nearly every category in 2021. Last offseason saw Hoyer & Co. downgrade from Yu Darvish to Zach Davies in salary-dump deal with the Padres, following that up with one-year signings of Trevor Williams and Jake Arrieta. Davies didn’t pitch well enough to garner trade interest at the deadline. Arrieta was eventually released. Williams went to the Mets alongside Javier Baez. None of the three will be back in 2022 (unless the club re-signs Davies).

The result was a rotation that ranked 23rd in the Majors in innings pitched (781 2/3), 27th in ERA (5.27), 29th in FIP (5.21) and tied for 28th in SIERA (4.74). Cubs starters had the third-lowest strikeout rate of any team in MLB and the eighth-highest walk rate — a decidedly suboptimal combination. Things were better in the bullpen, although not overwhelmingly so, and the deadline trades of Craig Kimbrel, Ryan Tepera and Andrew Chafin leave plenty of work to be done on the relief side of the equation as well.

Looking to the 2022 campaign, the Cubs’ rotation currently projects to include right-handers Kyle Hendricks, Alec Mills and Adbert Alzolay. Lefty Justin Steele struggled for much of his nine-start audition down the stretch, but he closed out the year on a high note with seven shutout frames (albeit against a thin Pirates lineup). Right-hander Adrian Sampson has minor league options remaining and could get a look after making five starts. Broadly speaking, there’s ample room to add to the rotation — even if the Cubs indeed sit out the market for Robbie Ray, Kevin Gausman, Max Scherzer and other top starters.

The looming offseason will present Major League teams with a deep collection of free-agent starting pitchers to pursue — even beyond the aforementioned top names. The market also features established mid-rotation arms, relatively young arms in need of a bounceback, and solid but older veterans who’ll likely command relatively short-term deals. Free agency will be clouded by the ongoing collective bargaining talks between the league and the MLBPA, but whenever teams do begin to make additions, the Cubs will have no shortage of options.

It’s also plenty plausible that the Cubs could further dip into the trade market to acquire some younger arms in either the rotation or the ’pen. Willson Contreras is a year from free agency and ought to again command interest from teams in search of a short-term option behind the plate. Outfielder Ian Happ only has two years of club control remaining and closed out the season with a huge second half. Hendricks struggled through the worst season of his career in 2021 but from 2017-20 tossed 597 innings of 3.27 ERA ball. He’s signed through 2023.

Whatever route the Cubs wish to take, there’s really no target who should be out of their price range. The team has one of the game’s deepest revenue streams and only has the contracts of Hendricks ($14MM), Jason Heyward ($22MM) and David Bote ($2.5MM) on next year’s books. Contreras and Happ are the only players set to receive notable arbitration raises, and again, neither should be viewed as a lock to return. We’re only two years removed from the Cubs trotting out an Opening Day payroll north of $200MM, meaning it’d be a tough sell to the fans to both trade away the core of the last championship roster and follow it up with another offseason punctuated by modest one-year deals.

Hoyer has emphasized on multiple occasions that despite the Cubs’ recent trades and lack of spending, this reshaping of the roster won’t mirror the aggressive tanking process of their last rebuild. The extent to which that is or is not actually the case will start to become clear over the next several months.