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13 Cubs minor leaguers were declared MLB Rule 55 minor league free agents at 5 PM (Eastern) Sunday 11/1.
CUBS 2020 MLB RULE 55 MINOR LEAGUE FREE-AGENTS:
Corey Black, RHP
Erick Castillo, C
Eric Gonzalez, C
Luke Hagerty, LHP
Danny Hultzen, LHP
Ivan Medina, RHP
Jordan Minch, LHP
Erling Moreno, RHP
Tyler Olson, LHP
Eugenio Palma, LHP
Pedro Strop, RHP
Jerry Vasto, LHP
Mark Zagunis, OF
All six of the Rule 55 second-contract players (Beard, G. Kelly, Lawlor, J. Ramirez Vasquez, and Vizcaino) are signed for 2021.
LHP Rex Brothers, LHP Luis Lugo, RHP (ex-!B) Jerrick Suiter, and RHP Joe Wieland were eligible to be a Rule 55 minor league 6YFA, but each of them signed a 2021 minor league successor contract prior to being declared a 6YFA. (The six will likely receive an NRI to MLB Spring Training in return for agreeing to sign a successor contract). All six of these players will now be eligible for selection in next month's Rule 5 Draft, so it is possible that one or more could be added to the Cubs MLB Reserve List (40-man roster) when minor league reserve lists are established on 11/20 in preparation for the Rule 5 Draft.
A club receives no compensation for losing a minor league free-agent.
A minor league free-agent can sign a major league or minor league contract with any club (including the player's former club) without any restrictions, so it's possible that one or more of the Cubs minor league free-agents will eventually re-sign with the Cubs at some point during the off-season, although the club's offer going forward will certainly be less than what the player was offered to sign a minor league successor contract (if a club is willing to increase its offer or even offer the same money after a player declines to sign a successor contract, nobody would ever sign one).