Farewell, Keegan Thompson.
The long-time up-down Chicago Cubs righty is off to join the Cincinnati Reds organization on a big league deal:
The #Reds today signed RHP Keegan Thompson to a one-year Major League contract through the 2026 season. Welcome to Reds Country, Keegan‼️ pic.twitter.com/n1B1KsXYkT
— Cincinnati Reds (@Reds) November 4, 2025Consider that your reminder that, in addition to big league free agency, minor league free agency also began this week. Furthermore, sometimes minor leaguers are sufficiently sought after that they can net a big league deal. Given Keegan Thompson’s past big league success and periodically impressive arsenal, I can understand enough teams wanting him on a minor league deal that the Reds had to above and beyond to get him.
Best known for his 2021 and 2022 seasons with the Cubs, Keegan Thompson struggled in 2023, rebounded a bit in low-leverage in 2024, and then returned to the organization on a minor league deal in 2025. The Cubs were just so loaded with options who were performing well at the big league level that Thompson, like many other relievers pitching well at Iowa, never got a shot. Overall, he posted a 4.50 ERA and 3.87 FIP at Iowa over 64.0 innings in 2025 (about 10 to 20% better than league average by ERA- and FIP-). The 29.5% K rate and 8.9% BB rate were likely big selling points.
Thompson, 30, does not have any minor league options remaining, so he’ll either make the Reds’ opening day roster, or he’ll have to be exposed to waivers.
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