New York picked Leiter up from the Cubs at the trade deadline, and the right-hander posted a 4.98 ERA over 21 2/3 innings in the pinstripes over the rest of the regular season.  Overall, Leiter finished the 2024 campaign with a 4.50 ERA in 58 combined innings with Chicago and New York, along with a very strong 33.6% strikeout rate and some of the best chase and whiff rates of any pitcher in baseball.

Beyond the big strikeout numbers and a 46.2% grounder rate, however, Leiter had a below-average 8.6% walk rate, and his homer rate spiked after the trade to the Bronx.  On the plus side, Leiter got on track for the Yankees during their playoff run, delivering a 1.69 ERA over 5 1/3 innings across six appearances in the ALCS and World Series.

Leiter turns 34 next month, but he is only in his second trip through the arbitration process due to the late-breaking nature of his MLB career.  The righty didn’t make his big league debut until age 26, and it wasn’t until his age-31 season with the Cubs that Leiter started to emerge as a solid bullpen arm.  Leiter has earned 43 holds over the last two seasons, but since arbitration panels generally favor saves as the primary counting stat when gauging reliever salaries, it perhaps isn’t surprising that this panel ruled in the Yankees’ favor.

MLBTR contributor Matt Swartz predicted a $2.1MM salary for Leiter in 2025, so the right-hander’s final salary clocks in just slightly below that projection.  The Yankees’ control over Leiter runs through the 2026 campaign, and today’s decision officially closes the book on all of the Bombers’ arbitration business for the offseason.

The move doesn’t come out of nowhere, as Hamilton was removed from last night’s game against the Guardians with an injury that he appeared to sustain while covering first base on a ground ball. The Yankees described his injury as left calf tightness and it now appears that it’s serious enough that they felt compelled to make a switch.

That could be because they don’t expect Hamilton back in the next few weeks or simply because they didn’t want to play short-handed for the next few days. The Yanks are about to play their second of three consecutive games and used six relievers in last night’s ten-inning contest that they eventually lost. Even if there was a chance that Hamilton’s calf would be healed by later in this series or in the World Series, they might need the extra arm to get through tonight and tomorrow.

Hamilton, 29, wasn’t the most important arm in manager Aaron Boone’s bullpen. Last night’s appearances was just his second of this year’s playoffs. But he was solid during the regular season, making 35 appearances with a 3.82 earned run average. He struck out 25.2% of batters faced, walked 8.2% of them and got grounders on 43.8% of balls in play. He earned one save and 11 holds this year, the latter number coming in third on the team behind Luke Weaver and Tommy Kahnle.

Leiter, 33, had some strong recent results with the Cubs but struggled after a deadline deal that sent him to the Bronx. From the start of 2022 until the trade, he posted a 3.85 ERA in 168 1/3 innings for the Cubs. In that time, he had a 28.9% strikeout rate, 8.8% walk rate and 47.8% ground ball rate.

At the end of July, the Yanks sent minor leaguers Ben Cowles and Jack Neely to the Cubs in order to acquire Leiter, but he posted a 4.98 ERA in his 21 appearances for the Yanks after that deal. While many Yankee fans groan at the mere mention of Leiter’s name, the baseball gods were seemingly responsible for a lot of those runs.

As a Yankee, Leiter’s 39% ground ball rate was subpar but his 31.7% strikeout rate was strong and his 8.7% walk rate around average. But he had a .407 batting average on balls in play and a 26.1% homer to fly ball ratio, both of which are unsustainably high. His 2.86 SIERA in that stretch suggests that he was far better than his ERA would have you believe in that small sample.

Leiter was left off the Yankee roster for the ALDS and ALCS but Hamilton’s injury opens the door for him. He and the Yankees will be hoping for better fortune as they look to defeat the Guardians and move on to the World Series. They lead the ALCS two games to one with game four set to begin in Cleveland at 8:08 local time tonight.

Aaron Boone called upon Hamilton in the sixth inning while New York was trailing 2-1. He issued a leadoff walk to Lane Thomas before Daniel Schneemann hit a grounder to first base. Jon Berti knocked the ball down and flipped to Hamilton covering for the out. Hamilton evidently tweaked his calf while running to the bag. He threw a warm-up pitch after a replay of the call at first. He airmailed the throw and was immediately lifted for Tim Mayza.

Hamilton had a breakout season in 2023 after signing a minor league contract. He tossed 58 innings of 2.64 ERA ball behind a 28.9% strikeout rate and an excellent 55.3% grounder percentage. His follow-up has been more solid than great. Hamilton allowed 3.82 earned runs per nine across 35 regular season appearances. The strikeouts dipped by a few percentage points while his ground-ball rate plummeted to a pedestrian 43.8% clip. The 29-year-old missed a couple months midseason with a lat strain.

New York has carried Hamilton on each of their playoff rosters, though he hasn’t played a huge role. He made one appearance in the Division Series, working 1 1/3 scoreless frames with three strikeouts in their Game 2 loss to the Royals. This was Hamilton’s first action of the ALCS.

If the Yankees need to replace him on the roster, his season will be over. Players taken out midway through a playoff round are ineligible for the following series. The Post writes that one of Mark Leiter Jr. or Clayton Beeter would step into the bullpen as a replacement. Beeter only has three MLB games under his belt. Leiter has a lot more experience and seems likely to get the call.

Bryan Hoch of MLB.com relays (on X) that Boone indicated Leiter was the final cut from the pitching staff when the Yankees set their roster before the series. New York acquired the right-hander from the Cubs at the deadline. Leiter was striking out nearly 35% of batters faced at the time. He has continued to miss a fair number of bats in the Bronx (31.7% strikeout rate) but given up far too much hard contact. Leiter has been tagged for six homers in 21 2/3 innings as a Yankee and has been left off both series rosters to date.

It was the 11th save attempt which Holmes has squandered this year, three more than any other pitcher. The Yankees stopped short of officially stripping the right-hander of the closer role, yet it seems they’ll move to more of a committee approach in the short term. Before tonight’s game, skipper Aaron Boone told reporters that he’d be “creative” with the ninth inning (X link via Jack Curry of the YES Network). Boone indicated that Holmes remains in the mix for save chances, though it doesn’t appear that he’ll get every one by default.

To Holmes’ credit, he hasn’t pitched poorly overall in spite of the ugly blown save mark. He carries a solid 3.27 ERA over 55 innings. His 25.2% strikeout percentage and 8% walk rate are fine. Opponents have put nearly two-thirds of their batted balls on the ground. Among relievers with 50+ innings, only teammate Tim Hill has gotten grounders at a higher rate. ERA estimators like FIP (2.91) and SIERA (2.82) still suggest Holmes has been an excellent pitcher.

Despite the impressive rate stats, Holmes has found himself walking a tightrope at times throughout the year. He was utterly dominant early in the season. He didn’t allow an earned run until May 20, a stretch of 20 games and as many innings. Holmes carries a 5.14 earned run average through 35 frames since that point. The plus command he showed early on has become far shakier in recent weeks. Holmes is headed to free agency for the first time in his career at year’s end.

His ups and downs are magnified by a bullpen that has been underwhelming lately. Yankee relievers rank 22nd in ERA since the All-Star Break. That’s partially on Holmes, but their deadline pickups of Mark Leiter Jr. and Enyel De Los Santos haven’t panned out. De Los Santos was blasted over five appearances and quickly waived. Leiter has been very homer-prone since landing in the Bronx. Home runs have also been a problem for Luke Weaver and Jake Cousins.

Aside from Holmes, the Yankees have given their highest-leverage work to Tommy Kahnle and Leiter in the second half. Kahnle has pitched well and could pick up some save chances. Boone also left the door open to a potential closing look for either of Luis Gil or Clarke Schmidt (X link via Curry).

Both pitchers are returning from the injured list this weekend. They’ll each occupy a rotation spot for the upcoming set against the Cubs. The Yankees will carry a six-man rotation into next week before deciding whether to bump someone to relief. Nestor Cortes seems the likeliest candidate for a bullpen move, though he doesn’t have the velocity typically associated with a closer. Gil and Schmidt have more prototypical closing stuff.

Leiter, now 33, has been great for the Cubs over the past few years after a late-bloomer trajectory. The son of Mark Leiter and nephew of Al Leiter, the younger Mark made it to the big leagues by 2017 but didn’t impress in his first tastes of the show. By the end of 2018, he had a 5.53 earned run average in 114 big league innings. He then required Tommy John surgery early in 2019 and was on the shelf for an extended period of time. He signed a minor league deal with the Tigers in 2021 but didn’t get a call to the show.

A minor league deal with the Cubs going into 2022 turned into the opportunity he needed. He was selected to the big league roster by mid-April that year and eventually tossed 65 2/3 innings for the Cubs with a 3.99 ERA. He struck out 25.9% of batters faced while giving out walks at an 8.9% clip and kept the ball on the ground at a 48.9% rate.

Despite that generally strong work, he was nudged off the club’s roster in January of 2023. He had exhausted his final option year and so the Cubs designated him for assignment, with all 29 clubs passing on the chance to grab him off waivers. He elected free agency but re-signed with the Cubs on a minor league deal prior to the next season.

He was added back to the roster for Opening Day and has been a key part of the Chicago bullpen since then. Going back to the start of 2023, he has a 3.75 ERA in 100 2/3 innings. His strikeout rate is up to 30.9% in that time while he still has decent walk and ground ball rates of 8.8% and 47.1% respectively.

This year’s 4.21 ERA doesn’t look pretty but that’s mostly due to a tiny strand rate of 55%, well below the 71.9% league average. Since he’s striking out 34.9% of batters faced and also getting grounders at a 50.6% clip, his 2.11 FIP and 2.42 SIERA suggest he’s been about two runs better than his ERA would have you believe.

The Cubs have been balancing present and future needs at this deadline. Just over a week ago, president of baseball operations Jed Hoyer said that the club would be prioritizing “2025 and beyond” in their transactions. That didn’t necessarily point to a deadline selloff, as the club then went out and acquired Isaac Paredes from the Rays and Nate Pearson from the Blue Jays, with both of those players having multiple years of control.

But there were also some rumors that they might make some pitching available and there’s a logic to Leiter being moved out. Due to his unusual trajectory, Leiter still has a couple of years of club control remaining after this one. But given his age, the Cubs probably didn’t consider him a core piece of their future-focused agenda and made him available.

Those circumstances are likely also why the win-now Yankees wanted to get him. He only just qualified for arbitration for the first time coming into this season and is making $1.5MM, not much above this year’s $740K league minimum. The Yankees are slated to pay the competitive balance tax for a third straight year and finish well above the top tier. That means they face a 110% tax rate for any new spending, so Leiter’s minimal salary fits in nicely for them, and they can keep him around for two more years beyond this one.

While Leiter is cheap in terms of dollars, the Yankees have paid the price of two prospects to get him. Neely, 24, was an 11th-round pick in the 2021 draft. He’s been exclusively a reliever in his professional career, racking up significant strikeout totals. In 160 1/3 minor league innings overall, he has a 2.75 ERA, 38.8% strikeout rate and 9.4% walk rate. That includes 41 2/3 innings this year between Double-A and Triple-A with a 2.81 ERA, 36% strikeout rate and 9.1% walk rate. Baseball America currently lists him as the #20 prospect in the Yankees’ system.

Cowles, 24, was a 10th-round pick in 2021 and has played in 88 Double-A games this year. His .294/.376/.472 batting line leads to a strong 141 wRC+, indicating he’s been 41% better than league average. His .340 batting average on balls in play is high but he’s also got strong walk and strikeout rates of 10.3% and 17.7%, respectively. He also has 14 steals and has lined up at the three infield spots to the left of first base.

Both Neely and Cowles are Rule 5 eligible this winter, so the Yankees would have been facing a decision about whether or not to add them to their 40-man roster. Instead, they have cashed them in for an immediate bullpen upgrade, meaning those decisions will now transfer to Chicago.

Rob Zamparelli first reported on X that Leiter was headed to the Yankees. Jeff Passan and Kiley McDaniel of ESPN relayed the full trade on X.

The addition of Paredes, who is controllable through the end of the 2027 season, doesn’t necessarily go against that stated ethos. The same can be said for the club’s acquisition of Blue Jays reliever Nate Pearson, who is controlled through the end of the 2026 campaign. It appears the Cubs may be interested in adding pieces that aren’t set to remain with the club long-term, however, as Jon Heyman of the New York Post suggested this afternoon that the Cubs are among the teams showing interest in Giants lefty Blake Snell. The reigning NL Cy Young award winner got off to a rough start this year but has begun to right the ship in recent weeks, leading The Athletic’s Ken Rosenthal to suggest yesterday that teams view Snell as likely to opt out of the remainder of his contract at season’s end.

That reported interest in Snell is somewhat surprising, particularly given the fact that the Cubs have seemingly been fielding interest on veteran right-hander Jameson Taillon in recent weeks. The starting rotation has been an undeniable strength for the Cubs this year, as their 3.72 rotation ERA ranks 6th in the majors thanks primarily to elite performances from Taillon, Justin Steele, and Shota Imanaga. While adding a pitcher of Snell’s caliber would surely bolster the club’s rotation and could even allow the club to deal Taillon without suffering a short-term dip in production, the fact that clubs seemingly view Snell as more likely than not to head back to free agency this fall seems to directly contradict the club’s stated plan to focus on the future this summer.

Regardless of what the Cubs’ plans are regarding Taillon or a possible pursuit of Snell, Sahadev Sharma of The Athletic reported prior to today’s trade for Paredes that the Cubs are “listening” to offers regarding almost anyone on the roster but are focusing on trying to trade from their bullpen mix. Per Sharma, four relief arms in particularly are most frequently brought up by contenders interested in dealing with the Cubs over the coming days: right-handers Hector Neris, Julian Merryweather, and Mark Leiter Jr. as well as southpaw Drew Smyly. Of the quartet, Sharma suggests that veterans Smyly and Neris are the most likely to move, as each could become a free agent at season’s end.

Neris, who has posted an uneven season with a 3.68 ERA and 4.54 FIP this year, has a $9MM team option in his contract that will convert into a $9MM player option in the event that he reaches either 60 appearances or 45 games finished this year. With 39 appearances and 27 games finished so far this year, both benchmarks are within the realm of possibility, and Sharma suggests that this aspect of his contract “complicates” the possibility of a trade. Smyly, who sports a 2.79 ERA and 4.52 FIP in 38 2/3 innings of work this year, has a much less complicated contractual situation; his contract comes with a $10MM mutual option that is certain to be declined by one side or the other in favor of a $2.5MM buyout.

While Neris and Smyly seem unlikely to command massive returns, The Athletic’s Patrick Mooney, Will Sammon, and Katie Woo recently discussed the hefty price tags that have come with controllable relievers this season. Mooney, Sammon, Woo, and Sharma all believe that the Cubs intend to deal Leiter and Merryweather only if they can leverage that sellers’ market for cost-controlled relief arms, with Sharma noting that the asking price is “high” for Leiter in particular. The 33-year-old’s 4.37 ERA this year is unspectacular, but his massive 34.5% strikeout rate, a sparkling 2.18 FIP, and the fact that he can be controlled through the end of the 2026 season all could make him a very appealing addition for contenders in search of relief help. As for Merryweather, the 32-year-old has been injured much of this year but is now healthy, sports a 3.33 ERA and 3.44 FIP since joining the Cubs prior to the 2023 campaign, and comes with the same two additional season of club control that Leiter does.

Another consideration for the Cubs, whether they’re adding or subtracting from the current roster, figures to be the luxury tax. Chicago currently sports a luxury tax payroll of just under $234MM according to RosterResource, a figure that puts them a little more than $3MM under the first threshold of the luxury tax. The addition of a player with a hefty salary like Snell would surely put them well beyond that threshold, while dealing a player like Taillon or even a less expensive relief arm like Neris or Smyly would likely offer the Cubs additional breathing room below the tax threshold. Given the fact that Cubs chairman Tom Ricketts suggested back in February that the “natural” place for the club’s payroll to land was right up against the tax threshold, it would be something of a shock for ownership to greenlight spending beyond the luxury tax in a year where the club evidently is not expecting to make the postseason.

Hoyer said the front office will approach the deadline with an eye toward to the future. “Where we are right now, I would have to say that moves only for 2024 – unless things change over the next week – we probably won’t do a lot of moves that only help us for this year,” Chicago’s baseball ops leader said (link via Jesse Rogers of ESPN). “If moves help us for 2025 and beyond I think we’re exceptionally well positioned.”

While Hoyer left open the slight caveat that the situation could change this week, there’s not much ambiguity in how he expects to handle the deadline. He spoke frankly about the team’s “poor position” with regards to this season. “We simply dug a hole with underperformance for two months. That doesn’t affect how I view the organization or how I view things going forward but it certainly affects 2024,” Hoyer said.

It’s clear the Cubs aren’t going to pursue any impending free agents. Hoyer didn’t term Chicago’s approach as buying or selling. That leaves open the possibility of trying to acquire MLB talent that is under team control beyond this season. While that’s not unprecedented (the Reds’ acquisition of Trevor Bauer and the Mets’ deal for Marcus Stroman in 2019 are examples of teams acquiring controllable players at the deadline despite being out of contention), it’s not common. The Cubs would need to outbid teams that are motivated to land those players for both a potential playoff push this summer and future seasons.

Chicago’s farm system is regarded as one of the strongest in the league. That gives Hoyer and his staff the ammunition to make a deal for a controllable player of note, but the likelier outcome is that the Cubs will just move a few short-term veterans. Hoyer shot down any suggestion of a complete teardown, saying it’s “not going to be an option so (there’s) no point in going through the hypothetical.” That makes it unlikely they’d deal core pieces who are under contract or team control beyond this season (e.g. Justin Steele, Shota Imanaga, Ian Happ, Michael Busch).

Prioritizing 2025 would ordinarily put a team’s rentals on the table, but the Cubs don’t have much to offer in that regard. Kyle Hendricks, Drew Smyly (whose deal contains a $2.5MM buyout on a $10MM mutual option) and recent minor league signee Jorge López are the only true rentals. Hendricks is playing on a $16.5MM salary and has an earned run average pushing 7.00. While he has pitched better lately after a dismal start to the season, there’d be minimal interest. The Cubs could try to pay down almost all of the contract to find a trade partner. Hendricks also has full no-trade rights after reaching 10 years of MLB service (at least the last five of which have been with his current team) earlier this season.

Smyly has a 2.92 ERA across 37 innings in a long relief capacity. That solid run prevention isn’t supported by mediocre strikeout and walk rates (21% and 10.2%, respectively). Between his $8.5MM salary and the aforementioned option buyout, there’s likely to be limited interest in the veteran left-hander.

Cody Bellinger has the ability to opt out of the final two years and $50MM on his contract. He has had a fine but unexceptional season, hitting .269/.331/.410 across 344 plate appearances. That’d be a difficult contract to move even if Bellinger were healthy, and he went on the injured list a couple weeks ago with a broken finger.

If the Cubs wanted to more or less run things back in 2025, they’d be in for a very quiet deadline. Yet even if they’re not likely to move long-term core pieces, Chicago could entertain offers on role players who are controllable beyond this season. USA Today’s Bob Nightengale reported over the weekend that the Yankees and Red Sox were looking at starter Jameson Taillon, who’ll make $18MM annually between 2025-26. Rogers reports that the Cubs have also gotten interest in third baseman/DH Christopher Morel and relievers Héctor Neris, Mark Leiter Jr. and Tyson Miller.

Morel, 25, is under team control through 2028. He’ll be a borderline candidate for the Super Two cutoff for early arbitration next offseason. The Cubs are certainly under no financial pressure to move him, but it’s possible they’re prepared to move on if another team views Morel as a regular. Morel is a good athlete with big power upside who has never found a defensive home. Chicago has unsuccessfully tried him in second base and throughout the outfield in previous seasons. They’ve given him 562 innings at third base this year, hoping his top-of-the-scale arm strength would work at the position. Defensive Runs Saved and Statcast’s Outs Above Average have each given him very poor grades for his stint at the hot corner.

This also hasn’t been a great season for Morel at the plate. While he has 18 homers, he’s hitting .202 with a .304 on-base mark. It’s a step down from the .241/.311/.471 career slash line that Morel carried into the season. While that’s clearly not ideal, it belies some intriguing developments from a process perspective. Morel has upped his walk rate by a couple points while dramatically slicing his strikeouts. After fanning in over 30% of his plate appearances for his first two seasons, he’s striking out 23.8% of the time this year. An unsustainably low .221 average on balls in play has kept that from materializing into better results.

Even if the Cubs expect Morel’s offensive performance to normalize with an uptick in his average on balls in play, the lack of a defensive fit makes him a difficult player to value. The Cubs could hope to turn third base over to last year’s first-round pick Matt Shaw as soon as next season. They don’t have much in the way of short-term alternatives. If the Cubs traded Morel, they’d probably rely on Miles Mastrobuoni and Patrick Wisdom to cover the position for the rest of the season.

The Cubs should be open to offers on anyone in their bullpen. Neris has handled the ninth inning since Adbert Alzolay went down with a forearm strain. The offseason signee has been shaky, walking 16.1% of opponents and blowing four saves in 17 attempts. Neris had a 1.71 ERA for the Astros last season, but that’s up two runs this year thanks to his control woes. The 35-year-old righty is playing on a $9MM salary and has a matching option for next year. That’s currently a team option but would convert to a player option if Neris pitches in 24 more games.

Given his inconsistency, the Cubs aren’t likely to want Neris back at that price point. They’d presumably be happy to find a trade partner, but the potential for being saddled with a $9MM player option if Neris hits his vesting marker could make other teams wary. There’s less risk with regards to Leiter and Miller. The former is striking out 34.4% of opponents with a 50.6% grounder rate across 34 innings. He’s playing on a $1.5MM salary and is under arbitration control through 2026. Miller, whom the Cubs acquired from Seattle in May, has broken out with a 2.04 ERA while striking out nearly 26% of opponents across 35 1/3 frames.

Whether the Cubs get compelling enough offers to move anyone from that group remains to be seen. They’re not entirely buried in the Wild Card standings, sitting 3.5 games back of the last playoff spot (currently held by the Mets). With four intervening teams to jump, the front office has decided they’re at best a long shot to make the postseason. How much they’re willing to reshape the roster with the ’25 campaign in mind will be one of the bigger questions of the upcoming week.

12:28 pm:Yency Almonte hasn’t pitched since May 7 due to a right shoulder strain, and continued discomfort in his shoulder has led to a possible crossroads in how the Cubs right-hander plans to deal with the injury.  Manager Craig Counsell told reporters (including Meghan Montemurro of the Chicago Tribune) that Almonte recently received a less-than-positive second opinion on his ailing shoulder, and is “thinking about what to do here” in possibly pursuing surgery.  For now, Almonte has been shut down from throwing while he recovers and decides on his next step.

The exact nature of the surgery isn’t yet known, but it would almost certainly seem that Almonte would miss the rest of the 2024 season, and could potentially be facing an absence of up to a year, based on timelines of more serious shoulder-related procedures undergone by other pitchers in the past.  Whatever the case, it’s a tough outcome for Almonte, who was posting some solid numbers before going on the IL.

Acquired from the Dodgers alongside Michael Busch last January, Almonte had a 3.45 ERA over 15 2/3 innings and 17 appearances for the Cubs.  His 11.9% walk rate was on the high side and Almonte was benefiting from a .222 BABIP, but a 29.9% strikeout rate and just one homer allowed in those 15 2/3 frames.  After relying heavily on a sweeper in 2022-23, Almonte was using his sinker and sweeper in more or less equal measure this season, which also helped set up his 94mph fastball.

Analytics aside, Almonte’s 2024 success could’ve also perhaps been inevitable because it is an even year.  The right-hander has yo-yo’d between good and bad years throughout his seven MLB seasons, with the trend of quality numbers in the even years and struggles in the odd years.  Case in point, Almonte’s Dodgers tenure included an 1.02 ERA in 35 1/3 innings in 2022, followed up by a 5.06 ERA over 48 innings with Los Angeles in 2023 before a knee sprain ended his season in mid-August.

Unfortunately, the injury bug now seems to have thrown a wrench into Almonte’s usual career pattern.  He was already moved off the Cubs’ 40-man roster when he was shifted to the 60-day IL last week.  The Cubs have another year of arbitration control over Almonte for the 2025 season, and while a non-tender is certainly possible depending on his health status, Chicago might still issue him a contract since Almonte would receive only a minimal raise on his $1.9MM salary for 2024.

Almonte is one of five relievers on the Cubs’ injured list, and relief pitching was already an issue for Chicago even before such a big chunk of the bullpen was sidelined.  On the positive side, Counsell and pitching coach Tommy Hottovy recently told MLB.com and other media that Julian Merryweather is nearing a minor league rehab assignment, and Mark Leiter Jr. threw a 30-pitch bullpen session Wednesday and might be able to return next week without going on a rehab stint.

After posting a sterling 0.90 ERA over his first 20 innings of the season, Leiter’s performance has dipped sharply, with a ghastly 15.58 ERA over 8 2/3 innings in his last 12 appearances.  Leiter’s last four outings specifically saw him touched up for eight earned runs over 3 1/3 innings of work, so it seems possible that these games might’ve been impacted by the forearm strain if Leiter had been trying to pitch through some discomfort.

All in all, Leiter has a 5.34 ERA over 28 2/3 innings this season, yet with a much more respectable set of secondary metrics.  Leiter’s SIERA is only 2.96, as a .338 BABIP and a 55% strand rate have been working against him.  On the plus side, Leiter has a strong 48.7% grounder rate, quality hard-contract numbers, and a 30.2% strikeout rate that sits in the 91st percentile of all pitchers.

Leiter’s walk rate is below average, but that was also true during the 2022-23 seasons, when he emerged as a very effective weapon out of Chicago’s bullpen.  Leiter posted a 5.53 ERA in 114 innings with the Phillies and Blue Jays in 2017-18, but then didn’t pitch another big league inning for three full seasons, due to a Tommy John surgery, the pandemic-shortened nature of the 2020 season, and a stint in the Tigers’ farm system in 2021 that didn’t result in a call-up to the Show.

The Cubs signed Leiter to a minor league deal prior to the 2022 season, and then another minors contract in the 2022-23 offseason.  The moves have become nice hidden-gem discoveries for the team, as Leiter had a 3.75 ERA and 27.2% strikeout rate over 132 innings in 2022-23, albeit with an 8.9% walk rate.  Working first as a swingman, Leiter became a key set-up man behind closer Adbert Alzolay last season.

Unfortunately, Leiter now joins Alzolay and Julian Merryweather on the injured list, as the Cubs are without their three top bullpen arms.  Merrywether is expected to return from a stress fracture in his ribs by around the All-Star break, while Alzolay’s return from a right flexor strain is still up the air.  Details on Leiter’s forearm strain haven’t yet been revealed, but naturally any kind of a forearm issue is a big concern, particularly for a pitcher who already has one Tommy John procedure on his record.

These injuries and a lack of performance overall has made the Cubs’ bullpen into a weak link on the roster, though not much has gone right for the team over what has been a disastrous six weeks of baseball.  Beginning the season strong with a 24-17 record, Chicago has stumbled to a 13-23 mark over its last 39 games.  The NL’s parity has meant that the Cubs are still just two games out of a wild card slot despite a 37-40 record, yet Chicago will need to regain momentum quickly before the team is perhaps forced into some hard decisions at the trade deadline.

The merits of the strategy can be debated ad nauseum. On the one hand, it’s unequivocally a good thing to avoid being encumbered by any burdensome multi-year deals for relievers. On the other, the Cubs have the financial resources and payroll capacity to take such risks and withstand the missteps more than many of their smaller-payroll rivals. By steering clear of expensive, multi-year commitments they’ve also bypassed a number of quality relief options while trotting out bullpens with ERAs of 4.39 (2021), 4.12 (2022) and 4.01 (2023). Since 2021, Cubs relievers rank 20th in MLB with a 4.21 ERA.

It’s not as simple as stating, “You get what you pay for,” as player development plays an enormous role; the Guardians, for instance, have the second-best bullpen ERA in the past three years (3.30) despite signing just one reliever (Bryan Shaw) as a Major League free agent.

Relying on low-cost bullpen additions increases the importance of developing in-house relievers — which the Cubs have not done all that well — or striking it big in minor league free agency, where teams can potentially land multiple years of an effective reliever who’s not yet burned through his arbitration seasons. The Cubs’ lack of big investments and lack of development from the farm makes their biggest score in minor league free agency all the more important.

Mark Leiter Jr. has been nothing short of a godsend at Wrigley Field.

A 22nd-round pick by the Phillies back in 2013, Leiter (obviously) comes from a prolific baseball family. His father, Mark Sr., enjoyed an 11-year big league career. His uncle, Al, is a two-time All-Star and two-time World Series champion who pitched in 19 Major League seasons. Leiter Jr.’s cousin, Jack, was the No. 2 overall pick in the 2021 draft.

Just two years ago, Leiter Jr. looked to be a footnote in the Leiter family baseball lineage. He didn’t pitch in the Majors from 2019-21, despite solid numbers with the Tigers’ upper minors affiliates in ’21. When he quietly joined the Cubs on a minor league deal during MLB’s lockout — minor league free agency for players who didn’t finish the prior season on a 40-man roster or MLB injured list still continued during the stoppage — few thought much of it. Leiter looked like minor league depth and little more than that.

Perhaps that was how the Cubs saw things, too. Leiter didn’t break camp with the team in 2022 and was only summoned to the big leagues as a spot starter in mid-April. He started three games for the Cubs, yielded nine runs in 9 1/3 innings, and was optioned back to Triple-A Iowa. Over the next couple months, he was optioned back and forth a few different times, eventually moving into a full-time bullpen role.

For much of the season, Leiter was a nondescript swingman on a non-contending Cubs club. Trades of Scott Effross, David Robertson, Chris Martin and Mychal Givens, however, opened enough space in the bullpen for the Cubs to call Leiter back to the big leagues and stick him in the bullpen for good. The results were excellent. Although he carried a 5.35 ERA into last year’s All-Star break, Leiter was summoned to the Majors on July 30 and dominated in the season’s final two months: 29 innings, 2.17 ERA, 3.35 FIP, 27.4% strikeout rate, 9.4% walk rate, 50% ground-ball rate, three saves, four holds.

Even with that big finish to the season, however, Leiter didn’t stick on the Cubs’ 40-man roster all winter. Chicago held onto Leiter into January but ultimately chose to designate him for assignment in order to open a roster spot for Eric Hosmer (who’d eventually be released in June).

Perhaps it was Leiter’s lack of a power fastball, his spotty track record, his status as an out-of-options pitcher, or the fact that most clubs had already filled their 40-man rosters by mid-January and didn’t want to adjust — whatever the reason, Leiter cleared waivers. He elected free agency and re-signed with the Cubs less than two weeks later. President of baseball operations Jed Hoyer, manager David Ross and the rest of the Cubs brass have to be thrilled with that outcome.

This time around, Leiter wound up breaking camp with the team — and it’s hard to imagine where they’d be without him. In 36 2/3 innings, Leiter carries a 3.19 ERA with a career-high 34.7% strikeout rate against a tidy 8.0% walk rate. He’s kept the ball on the ground at a strong 48.8% clip, allowed just three home runs (0.74 HR/9), picked up three more saves and piled up 13 holds. The Cubs were hoping that offseason signees like Brad Boxberger and Michael Fulmer could hold down late-inning roles, but it’s been Leiter who’s stepped up as the team’s most reliable setup man.

Leiter doesn’t throw hard, averaging just 91.8 mph on his heater, but both his four-seamer and sinker take a backseat to his splitter anyhow. It’s a tumbling offering that opponents have hammered into the ground at a 52.9% clip… when they put the ball in play. Leiter carries a mammoth 49.2% whiff rate on the splitter, which is a huge reason that opponents are batting just .088/.186/.132 in the 102 plate appearances he’s ended with that pitch. Unsurprisingly, after throwing the pitch at a 22.7% clip last year (per Statcast), he’s ramped that usage rate up to 35.8% in 2023. It’s now his most-used pitch.

He’s had some rough outings recently, allowing a total of four runs in his past three innings, but the overall results this season have nevertheless been excellent. In fact, dating back to July 30 of last season, when Leiter was called to the big leagues for good, he’s now sporting a 2.74 ERA, 31.5% strikeout rate, 8.6% walk rate, 49.3% grounder rate and 0.69 HR/9 mark. Leiter has been proof that not all high-leverage arms need to feature triple-digit fireballs that blow opponents out of their socks.

Cubs management surely hopes the team can come firing out of the gates and play its way back into contention. The Cubs’ schedule coming out of the break, after all, isn’t exactly formidable. They’ll kick things off with three against the Red Sox before playing their next 13 games against the Nationals, Cardinals and White Sox — three of the worst teams in the Majors this season. It’s quite possible the Cubs can indeed climb back into the division race.

If, however, the Cubs continue to flounder and/or the Reds and Brewers pull away, Leiter is likely to draw some trade interest. Normally, a pitcher with more than three years of club control wouldn’t be a trade candidate for a team like the Cubs, who if not this year hope to contend in 2024. But Leiter is 32 — 33 next March — and only came to them on a minor league deal. If another club is willing to give up some actual prospect value, it’d be hard not to give serious consideration to the scenario.

Leiter’s emergence is a feel-good story — a 22nd-round pick that was never a top prospect despite coming from a high-profile baseball family, he hung on when his career looked lost, clawed back to the big leagues in his 30s and now finds himself as a valuable arm in a big league bullpen. More than that, however, his emergence could put the Cubs in a quandary — if they’re not able to turn their fortunes. Hang onto a quality reliever for his final three years of team control, or sell high and trade a 32-year-old who’s effectively “found money” for them when he’s at peak value? These are the types of decisions the Cubs will face over the next few weeks, making their immediate performance following the deadline a particularly important component of this year’s deadline season.

Leiter, 32, was with the Cubs last year and had a nice season. He posted a 3.99 ERA in 67 2/3 innings over 35 appearances, striking out 25.9% of batters faced, walking 8.9% of them and getting grounders at a 48.9% clip. Despite that strong season, Leiter had exhausted his final option year in 2022 and got squeezed off the roster in January. He elected free agency but re-signed on a minor league deal, though with the ability to opt out if not added to the roster by Opening Day. It seems the Cubs didn’t want to let him return to the open market and have added him to their staff today.

As for the injured players, they have all been dealing with ailments during the spring and it isn’t shocking to see them land on the IL today. Suzuki is still working his way back from an oblique strain suffered in February. Hendricks suffered a torn capsule in his shoulder last season and has been gradually building up strength this year. Hughes, meanwhile, has been dealing with a left knee injury in the spring and was only able to make four appearances.

“He’s got to hit,” manager David Ross tells Patrick Mooney of The Athletic. “He still has to perform. That goes for just about everybody. He has missed a lot of time, but he looks really good and his timing looks good. We’ll see how camp plays out, but I definitely think he’s answered questions at third base. There’s no hesitation to put him in there.”

For his part, Madrigal also feels good about how things are going. “I’m focused one day at a time,” Madrigal said. “I’m feeling really good at the plate. Defensively, I feel like it’s all coming together. My body’s in a completely different spot this year compared to last year. I’m just looking forward to what’s ahead.”

Madrigal was hitting .305/.349/.425 for the White Sox in 2021 when a significant hamstring injury ended his campaign. Nonetheless, the Cubs acquired him in the Craig Kimbrel trade at that year’s deadline. Unfortunately, injuries hampered him yet again in 2022, as he made multiple trips to the IL and hit just .249/.305/.282. As noted by Ross, Madrigal will have to hit to hold onto that third base job, but it sounds like the club is fine with him from a defensive standpoint. Should he struggle at the plate, he’ll likely be fending off challenges from players like Christopher Morel, Zach McKinstry and Miles Mastrobuoni. Patrick Wisdom could also be a factor, though he might be getting some more time in the outfield corners with Seiya Suzuki set to begin the season on the IL.

More news out of Cubs camp…

• The Cubs will also be deciding who their fifth starter is, with Marcus Stroman, Jameson Taillon, Drew Smyly and Justin Steele taking the first four spots. It’s viewed by many to be a race between Hayden Wesneski and Adrian Sampson, but Mooney reports that Wesneski is pulling away right now. Sampson, 31, had a nice season for the Cubs in 2022, posting a 3.11 ERA in 104 1/3 innings. However, he’s struggled badly so far this spring, giving up eight home runs in 8 1/3 innings, leading to a 14.04 ERA. Wesneski, 25, has been much better, throwing 8 2/3 scoreless frames with 11 strikeouts. Spring stats tend not to mean too much in the grand scheme of things, but it could be enough to push Wesneski ahead in this case. He also has the higher upside of the two, given he’s younger, has six remaining years of club control and is generally considered one of the club’s top prospects.
• Another decision the Cubs will have to make is whether or not to give right-hander Mark Leiter Jr. a roster spot. Meghan Montemurro of the Chicago Tribune reports that Leiter has an opt-out in his contract that would allow him to return to free agency if he’s not added by March 30, which also happens to be Opening Day. The righty has a solid season for the Cubs last year, tossing 67 2/3 innings over 35 appearances with a 3.99 ERA. However, he exhausted his final option year and had reduced roster flexibility, perhaps contributing to getting outrighted off the roster in January. He elected free agency but returned to the Cubs on a minor league deal.

Leiter, 32 in March, is coming off a strong campaign where he served as an optional depth arm for the Cubs. He made four starts and 31 relief appearances, tallying 67 2/3 innings with a 3.99 ERA. He struck out 25.9% of batters faced while walking 8.9% and getting grounders at a 48.9% clip. He also made six Triple-A starts, posting a 5.32 ERA despite a 34% strikeout rate and 6.4% walk rate. His batting average on balls in play was .333 in the minors versus .251 in the majors and his strand rate was also higher in the show.

That was a generally solid showing but Leiter got nudged off the roster in January when the club added Eric Hosmer. Leiter went unclaimed on waivers and was eligible to elect free agency by virtue of having had a previous career outright. After just over a week on the open market, Leiter is now a Cub again, though without a spot on the roster.

He’ll head to spring and try to earn his way back onto the 40-man, though he’ll have less roster flexibility if he succeeds. He’s now out of options, preventing the club from freely shuffling him to the farm and back, which they did four times last year.

The Cubs’ bullpen chart will likely be topped by Brandon Hughes and Brad Boxberger, followed by names like Adbert Alzolay, Rowan Wick, Julian Merryweather and Michael Rucker. Leiter will be competing with other non-roster invitees like Vinny Nittoli, Tyler Duffey and Eric Stout for a job in that mix. If he succeeds in getting back on the team, he can be cheaply retained for further seasons as he has just over two years of service time and has yet to qualify for arbitration.

Leiter, 32 in March, got some time in the majors in 2017 and 2018 with the Phillies and Blue Jays. He struggled in those seasons and was outrighted by the Blue Jays after the latter campaign. That proved to be an inopportune moment to lose his roster spot as he required Tommy John surgery in the spring of 2019. He then had to undergo the lengthy rehab process while not accruing any service time.

The Cubs signed him to a minor league deal prior to the 2022 campaign and he ended up having a pretty decent season after cracking the roster in April. He tossed 67 2/3 innings in the big leagues with a 3.99 ERA. He struck out 25.9% of the batters that came to the plate, walked 8.9% of them and got grounders on 48.9% of balls in play.

Despite those good results, he got squeezed off the roster, perhaps due to the fact that he burned his final option year in 2022. That means he would have to hang onto his spot all season long or else be designated for assignment, which the Cubs got out of the way early. All players who have a previous career outright have the right to reject outright assignments in favor of free agency, which Leiter has now done. None of the other 29 teams were willing to claim him off waivers, which suggests he’ll likely be limited to minor league deals. However, he can at least now seek out the organization that he thinks provides the best path back to the big leagues or is the best fit for some other reason. If he earns a roster spot at some point, he can be retained by a club for future seasons since he has between two and three years of MLB service time.

Leiter, 32 in March, signed a minor league contract with Chicago last offseason. He cracked the big league roster by the second week of the season. Leiter held his spot on the 40-man all year and bounced a few times between Wrigleyville and Triple-A Iowa. Working primarily as a long relief option in the majors, he tossed 67 2/3 frames through 35 outings (including four starts). Leiter put together a decent 3.99 ERA with better than average strikeout and ground-ball marks (25.9% and 48.9%, respectively).

Despite that generally solid work, he was squeezed off the roster this winter. That’s presumably a result of some skepticism around the league that Leiter could maintain his 2022 form, as he carried a 5.53 ERA in 114 career major league innings headed into last year. He didn’t appear at the highest level at all between 2019-21 thanks to an intervening Tommy John surgery.

Leiter was previously outrighted by the Blue Jays back during the 2018-19 offseason. Clearing waivers a second time in his career gives him the right to elect minor league free agency instead of accepting an assignment to Iowa. The Cubs haven’t yet announced whether he’ll do so.