Cubs Decline Option On Drew Smyly
November 2nd, 2024 at 11:55am CST • By Steve Adams
The Cubs have declined their end of a $10MM mutual option on left-hander Drew Smyly, reports Jon Heyman of the New York Post. He’ll be paid a $2.5MM buyout and return to the free agent market.
Smyly, 35, pitched to a 3.84 ERA in 58 2/3 innings over 50 relief appearances with the Cubs this past season, but that solid earned run average was accompanied by more worrying rate stats. The southpaw’s strikeout rate dipped to 21.8% while his walk rate spiked to a 9.7% mark that stands as the second-worst of his career. He also yielded an average of 1.53 homers per nine innings pitched and surrendered his highest hard-hit rate (38.2%) and average exit velocity (89.2 mph) since 2020. His 11.3% swinging-strike rate was his lowest since 2019.
When the Cubs signed Smyly, they did so with an eye toward a potential rotation spot. He indeed started 23 games for them in 2023, the first season of his two-year $19MM pact, but he didn’t make a single appearance out of the rotation in 2024. Chicago’s rotation mix includes Justin Steele, Shota Imanaga, Jameson Taillon, Javier Assad, Ben Brown, Hayden Wesneski and Jordan Wicks, with promising prospect Cade Horton on the horizon. Allocating $10MM to a swingman coming off diminished strikeout/walk rates and with ongoing home run issues wasn’t something on which the team was keen, clearly.