Tendering Contracts to Unsigned Players on MLB Reserve List

If an unsigned player on an MLB Reserve List is not tendered a contract by 8 PM (Eastern) on the Friday prior to Thanksgiving  (November 18th in 2022), the player is said to be "Non-Tendered," he is immediately removed from his club's MLB 40-man roster, and he becomes an unrestricted free-agent, free to sign a major league or minor league contract with any club, including the club that non-tendered the player.
NOTE: Prior to 2022, the MLB contract tender date was December 2nd.   

A "Non-Tendered" player receives no termination pay, and the player's former club receives no compensation if the player subsequently signs with another club.

Unlike players who receive an outright release, a player who is not tendered a contract is not placed on waivers prior to becoming a free-agent.  

Each unsigned player on an MLB 40-man roster who is tendered a contract must be offered at least the MLB minimum salary ($700,000 in 2022, $720,000 in 2023, $740,000 in 2024, $760,000 in 2025, and $780,000 in 2026) and (with a couple of exceptions) at least 80% of the player's previous season's salary, and at least 70% of the player's salary from two seasons back.

Some players have a "minor league split" salary in their contract which they are paid if they are sent to the minors. In most cases, a player's minor league "split" salary must be at least 50% of the player's salary (what the player was actually paid) from the previous season. The one exception is if a free-agent signs a major league contract with a minor league "split" salary, the "50% rule" does not apply. 

The minor league "split" minimum salary is $114,100 in 2022, $117,400 in 2023, $120,600 in 2024, $123,900 in 2025, and $127,100 in 2026, and the minor league "split" minimum salary for players who are on an MLB Reserve List for the first time is $57,200 in 2022, $58,800 in 2023, $60,300 in 2024, $62,000 in 2025, and $63,600 in 2026. 

Cubs MLB Roster

Cubs Organizational Depth Chart
40-Man Roster Info

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36 players are on the MLB RESERVE LIST (four slots are open)  

Last updated 12-2-2022
 
* bats or throws left
# bats both

PITCHERS: 20
Adbert Alzolay
Javier Assad 
Ben Brown
Jeremiah Estrada
Kyle Hendricks
Codi Heuer 
* Brandon Hughes
Ryan Jensen
Caleb Kilian 
Mark Leiter Jr
Ethan Roberts 
Manuel Rodriguez
Michael Rucker
Adrian Sampson
* Justin Steele 
Marcus Stroman
Keegan Thompson
Erich Uelmen 
Hayden Wesneski
Rowan Wick

CATCHERS: 3 
Miguel Amaya
Yan Gomes
P. J. Higgins 

INFIELDERS: 7
Nico Hoerner
Nick Madrigal
* Miles Mastrobuoni
* Zach McKinstry
Christopher Morel
* Alfonso Rivas
Patrick Wisdom

OUTFIELDERS: 6
Kevin Alcantara 
Alexander Canario
Brennen Davis
# Ian Happ
Seiya Suzuki 
Nelson Velazquez

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Minor League Rosters
Rule 5 Draft 
Minor League Free-Agents