Cubs place pitcher on waivers

The Chicago Cubs have placed veteran pitcher Drew Smyly on outright waivers as they shift their focus to the 2025 season, given their slim chances of making the playoffs in 2024. Smyly, who has had a strong season with a 2.84 ERA in 39 relief appearances, may attract interest from contending teams looking to bolster their bullpens before the postseason. The decision to waive Smyly aligns with the Cubs' strategy to cut costs and prioritize future development, despite recent trades aimed at improving their current roster. His contract, which has approximately $1.9 million remaining for the 2024 season, allows any claiming team to benefit from Smyly's postseason experience, including his time as a World Series champion with the Atlanta Braves. This move suggests the Cubs are accepting their position outside the playoff race, as they currently sit 5.5 games behind a Wild Card spot. Multiple teams, including the Philadelphia Phillies, could consider claiming Smyly to enhance their playoff prospects.