Jake Cave, Peter Lambert, Dakota Hudson Elect Free Agency

The Rockies announced that outfielder Jake Cave as well as right-handers Dakota Hudson and Peter Lambert passed through outright waivers unclaimed. Each of the three players elected free agency rather than accept an assignment to Triple-A Albuquerque. The moves drop the club’s 40-man roster count to 38, as Hudson was on the 60-day IL and not taking up a spot.

All three players were eligible for arbitration this winter, so these moves effectively act as early non-tenders. Each player has more than three years of service time, meaning each has the right to reject an outright assignment in favor of free agency.

Cave, 32 in December, was acquired from the Phillies in a cash deal coming into the 2024 season. He got into 123 games for the Rockies and stepped to the plate 346 times. Unfortunately, he hit just .251/.290/.396 in that time for a 75 wRC+. He now has a career batting line of .236/.292/.400 and an 80 wRC+ in over 1500 trips to the plate. MLBTR contributor Matt Swartz projected him for a salary of $1.8MM next year but the Rockies will move on instead.

Hudson, 30, spent many years as a groundballer with the Cardinals. He had a 3.14 earned run average through 2021 but his ERA jumped to 4.45 in 2022 and 4.98 in 2023, so the Cards decided to non-tender him.

The Rockies brought him aboard via a modest $1.5MM guarantee but Hudson went on to post a 6.17 ERA this year. There may have been some bad luck in there, as he only stranded 63.5% of runners, but he also made things hard on himself. His 12.4% walk rate was not only above league average but also above his 12.1% strikeout rate. Colorado could have brought him back for a projected $2.3MM salary next year but understandably decided not to.

Lambert, 27, was a second-round pick of the Rockies back in 2015. He was a notable prospect for the club on his way up the ladder but hasn’t been able to cement himself in the big leagues. He debuted in 2019, making 19 starts that year but with a 7.25 ERA. He required Tommy John surgery in July of 2020, keeping out of action for all of that year and most of 2021. Right forearm inflammation limited him to just four minor league appearances in 2022.

He’s been largely healthy for the past two seasons, with the Rockies using him a frequently-optioned swingman. He has thrown 148 2/3 major league innings since the start of 2023, but with a 5.51 ERA. His 8.7% walk rate in that time is fine but his 18.5% strikeout rate is subpar.

He was projected for a $1.5MM salary next year, which is almost nothing in MLB terms, but he has exhausted all of his option years. That would make it harder for the Rockies to keep him on the roster going forward, so they have decided to bump him off today.