The Cubs have released LHP Brandon Leibrandt (was eligible to be an MLB Rule 9 minor league 6YFA post-2022) and RHP Tanner Jesson-Dalton (was Rule 5 Draft-eligible post-2022), as well as 1B / LHP Matt Warkentin (2021 NDFA) and C-INF Bryan Serra (2020 NDFA).
The Cubs minor league Domestic Reserve List now stands at 163 (17 slots are open).
The Cubs have selected the contracts of LHP Sean Newcomb and LHP Matt Dermody from AAA Iowa.
Newcomb is out of minor league options, and Dermody has two remaining.
Newcomb was sent outright to Iowa on June 20th, and as an Article XX-D player (he had accrued at least three years of MLB Service Time prior to being outrighted) he had the right to elect free-agency immediately and forfeit what remained of his 2022 salary ($900K salaty pro-rated at about $450K asof 6/20), or accept the outright assignment, get his full $900K, and defer his right elect free-agency until after the conclusion of the 2022 MLB regular season (during a window beginning on the day after the conclusion of the MLB regular season through October 15th).
He opted to accept the outright assignment and defer the right to elect free-agency.
However, because he has now been added back to the Cubs MLB Reserve List (40-man roster), Newcomb cannot elect free-agency as an Article XX-D player after the conclusion of the MLB regular season, unless he is outrighted again.
Also, Newcomb will be eligible for salary arbitration post-2022 if he is still on the 40 as of the 12/2 contract tender date.
Dermody also is an Article XX-D player (he has been outrighted previously in his career), and so he will have the right to elect free-agency if he is outrighted again.
8/2 UPDATE #3:
The Cubs have released RHRP Eury Ramos.
Ramos was scheduled to an MLB Rule 9 minor league 6YFA if he was not added to the 40 post-2022.
8/2 UPDATE #2:
The Cubs have traded RHRP Mychal Givens to the New York Mets for minor league RHRP Saul Gonzalez.
Gonzalez is eligible for selection in the 2022 Rule 5 Draft if he is not added to the 40 by the 11/18 reserve list fiiing deadline.
8/2 UPDATE #1:
The Cubs have traded RHRP David Robertson to the Philadelphia Phillies for minor league RHSP Ben Brown.
Brown is eligible for selection in the 2022 Rule 5 Draft if he is not added to the 40 by the 11/18 reserve list filing deadline.
The Cubs have traded RHRP Scott Effross to the New York Yankees for minor league RHSP Hayden Wesneski.
Wesneski is eligible for selection in the 2022 Rule 5 Draft if he is not added to the Cubs 40-man roster by the 11/18 reserve list filing deadline.
The Cubs have traded minor league INF Dixon Machado to the San Francisco Giants for minor league RHP Raynel Espinal. Both players were eligible to be minor league free-agents after the 2022 season, but Machado was selected to the Giants MLB 40-man roster after the trade. Machado is out of minor league options.
The Cubs have released C-INF Cam Balego.
Technically, a baseball trade is called a Trade Assignment (similar in kind to an Optional Assignment or Outright Assignment).
Generally, an MLB club can trade a player on its MLB Reserve List (40-man roster) and minor league reserve lists at any time. However, there are a few restrictions: