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Cubs' Holmes, Harvey, Rea, Thielbar Become Free Agents, Webb Reaches New Deal

The moves leave the four pitchers free agents as Chicago reshapes its bullpen and payroll after a 3.90 team relief ERA last season.

  • On Monday, the Chicago Cubs re-signed reliever Jacob Webb to a one-year, $2 million contract while right-handers Clay Holmes, Hunter Harvey, and Colin Rea, plus left-hander Caleb Thielbar, entered free agency after their 2027 options were declined.
  • During the 2026 season, Webb served as a dependable Chicago reliever, posting a 3.36 ERA with 9 saves over 67 innings pitched and recording a mid-season stretch of 24 consecutive scoreless appearances.
  • Webb's new agreement includes a $4 million club option for 2028 with a $500,000 buyout and reflects his 33.3 percent whiff rate, achieved through a two-pitch combination of a four-seamer and change-up.
  • Jed Hoyer plans to prioritize pitching improvements this offseason following a campaign where team relievers finished with a 3.90 ERA; the Cubs also claimed right-handed reliever Eric Orze off waivers from the Twins on Monday.
  • Holmes, Harvey, Rea, and Thielbar now join the open market, leaving the Cubs to navigate a bullpen rebuild as the team aims to avoid a repeat of 2026, when late-season performance issues hindered their playoff push.
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Yakima Herald-RepublicYakima Herald-Republic
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Cubs' Holmes, Harvey, Rea, Thielbar become free agents, Webb reaches new deal

Chicago Cubs right-handers Clay Holmes, Hunter Harvey and Colin Rea became free agents long with left-hander Caleb Thielbar after their 2027 options were declined, while right-hander Jacob Webb agreed to a $2.5 million, one-year contract. Holmes, a 33-year-old acquired from…

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MLB Trade Rumors broke the news in United States on Monday, November 2, 2026.
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