2026-27 Club Options: NL Central ...Middle East

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2026-27 Club Options: NL Central

In recent weeks, MLBTR has looked forward to next winter’s option classes. We’ll move now to the NL Central, where the Cubs have a number of low-cost options to weigh.

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    Chicago Cubs

    Matthew Boyd, LHP: $15MM mutual option ($2MM buyout)

    Mutual options are essentially never exercised, so Boyd will be paid the $2MM buyout and return to free agency next winter. That’ll conclude a two-year, $29MM free agent deal that worked out well. Boyd’s 3.21 ERA over 31 starts a year ago essentially paid for the contract on its own.

    The second season isn’t going as planned. Boyd missed a couple weeks in April with a biceps strain and suffered a more significant meniscus injury in his left knee earlier this month. He underwent surgery that’ll keep him out into late June at the earliest. The Cubs probably aren’t keen on their end of the option.

    Hunter Harvey, RHP: $8MM mutual option ($1MM buyout)

    Chicago added Harvey on a one-year, $6MM deal in December. The talented but oft-injured reliever only pitched four times before landing on the injured list with triceps inflammation. Further testing this month revealed a stress reaction that’ll keep him down for a while. This will be an easy pass for the team.

    Carson Kelly, C: $7.5MM mutual option ($1.5MM buyout)

    Kelly has outperformed his two-year, $11.5MM deal signed in December 2024. Initially brought in as a veteran complement to Miguel Amaya, the 31-year-old Kelly has earned the majority of the playing time. He’s a .261/.344/.421 hitter with 19 homers over his season-plus in Chicago. He’s fourth among primary catchers this season with a .381 on-base percentage. Kelly has a strong case for another two-year contract at a better annual rate than the option price, so his camp should have an easy time passing.

    Colin Rea, RHP: $7.5MM club option ($1MM buyout)

    Rea, a 35-year-old swingman, is in the second season of his second stint with the Cubs. He’s clearly a favorite of skipper Craig Counsell, who also managed him in Milwaukee in 2021 and ’23. Rea pitched pretty well last season, managing a sub-4.00 ERA while starting 27 of 32 games. The Cubs had a $6MM team option for 2026, but the sides agreed to a restructured extension that guaranteed Rea $6.5MM in exchange for the righty tacking on a similarly priced club option for 2027.

    Injuries again quickly pushed Rea from long relief into a back-end rotation spot. He hasn’t performed as well as he did last season, allowing nearly five earned per nine across 47 frames. Rea had consecutive quality starts against the Phillies in mid-April but has surrendered a 7.04 ERA over his past five times out.

    Rea’s strikeout, walk and home run rates are all virtually identical to last season’s. There haven’t been any meaningful changes to his pitch mix or velocity. He’s essentially the same pitcher, with this year’s ERA spike mostly due to a higher average on balls in play. That’s always a risk for a pitcher like Rea who pounds the strike zone but doesn’t have overpowering stuff.

    The Cubs will presumably look for a rotation upgrade or two in July that can push him back into a relief role. A buyout seems likelier than them picking up the option, though it wouldn’t be a surprise if they try to bring him back a slightly lower price given his flexibility in usage.

    Caleb Thielbar, LHP: $6MM mutual option ($500K buyout)

    Chicago brought back Thilebar on a $4.5MM deal after he worked 58 innings of 2.64 ERA ball in 2025. The southpaw is making $4MM this year and will earn a $500K buyout at season’s end. He missed just under a month with a left hamstring strain and has been limited to 12 appearances. Thilebar has recorded 11 punchouts while allowing four runs (three earned) across 9 2/3 innings. The Cubs will probably pass on their end but could have interest in keeping Thielbar around for his age-40 season at slightly less money.

    Jacob Webb, RHP: $2.5MM club option (no buyout)

    The Rangers surprisingly non-tendered Webb after he turned in 66 innings with an even 3.00 earned run average. Chicago signed him to a $1.5MM free agent deal that includes a $2.5MM team option for 2027. The righty has been a nice addition to Counsell’s middle relief corps, striking out a quarter of opponents with a 3.05 ERA over 20 2/3 innings. He’s getting swinging strikes and chases off the plate at career-best rates.

    Webb has allowed right around three earned runs per nine in three straight seasons. His market has never really materialized, but a $2.5MM option is cheap enough that the Cubs would very likely bring him back if he keeps this pace all year.

    The Cubs hold a $3.3MM club option on RHP Javier Assad. He’ll remain eligible for arbitration through at least 2028 even if the option is declined.

    Cincinnati Reds

    Pierce Johnson, RHP: $8MM mutual option ($1.5MM buyout)

    Cincinnati picked up Johnson on a one-year, $6.5MM deal after the Braves bought him out. The veteran righty has allowed eight runs over 19 1/3 innings with league average strikeout and walk numbers. His 9.3% swinging strike rate is a career low. Johnson is an MLB-caliber arm but more of a middle reliever than a setup man at age 35. An $8MM option price is too rich on the Reds’ end.

    Eugenio Suárez, DH/3B: $16MM mutual option

    Cincinnati brought Suárez back on a one-year, $15MM deal late in the winter. It looked like a nice bargain pickup for a team that needed offense. Suárez’s age evidently tamped down long-term interest, but he hit 49 home runs a year ago. The return has started slowly, as he hit .231/.300/.363 through 100 plate appearances before sustaining a left oblique strain that sent him to the injured list. He began a rehab assignment with Triple-A Louisville yesterday.

    The Reds will also pay a $3MM buyout to released infielder Jeimer Candelario.

    Milwaukee Brewers

    Luis Rengifo, 3B: $10MM mutual option ($1.5MM buyout)

    Milwaukee bought low on Rengifo with a $3.5MM deal in Spring Training. He’s making a $2MM salary and due a $1.5MM buyout on a $10MM mutual option. They haven’t gotten anything close to the desired bounce back. The switch-hitting utilityman carries a .199/.262/.257 line without a home run over 150 plate appearances. Third base feels like a priority for the Brewers at the deadline, at which point they could move on from Rengifo entirely.

    Gary Sánchez, C: Mutual option

    The terms of Sánchez’s mutual option were never reported. He signed a $1.75MM guarantee to return to Milwaukee as a backup catcher/part-time DH. Although Sánchez is only hitting .198, he has walked 20 times and hit five home runs in 108 plate appearances. The Brewers will eventually want a look at prospect Jeferson Quero, but William Contreras will be an offseason trade candidate with free agency looming after 2027. They could look to keep Sánchez around as a cheap #2 catcher.

    Milwaukee holds a $14.5MM club option on C William Contreras for his final season of arbitration. He’ll remain under team control if Milwaukee declines.

    Pittsburgh Pirates

    Marcell Ozuna, DH: $16MM mutual option ($1.5MM buyout)

    Pittsburgh added Ozuna late in the offseason on a $12MM deal. It didn’t make much sense at the time since it locked all of Ryan O’Hearn, Brandon Lowe and Spencer Horwitz into defensive spots without a fallback at designated hitter. Ozuna was also coming off a mediocre second half and playing in one of the toughest home parks for right-handed power.

    Ozuna had an atrocious April. He’s at least drawing a lot of walks in May, but his season .179/.275/.305 line isn’t cutting it. It goes without saying that the Pirates aren’t exercising a $16MM option. The bigger question is whether they’ll keep Ozuna on the roster all year.

    St. Louis Cardinals

    Dustin May, RHP: $20MM mutual option ($500K buyout)

    May commanded a surprisingly strong $12.5MM guarantee despite coming off a 4.96 ERA season between the Dodgers and Red Sox. He’s making a $12MM salary and will collect a $500K buyout on the $20MM mutual option at season’s end. May has stayed healthy and taken all nine turns through the rotation, but he’ll take a 4.81 ERA into today’s start against the Pirates. His strikeout and whiff rates are well below average despite his 97 mph fastball. While May’s power stuff and early-career success have continued to intrigue teams, the recent performance has been that of a fifth starter. The Cardinals aren’t signing up for a $20MM option.

    Ryne Stanek, RHP: $6MM club option (no buyout)

    St. Louis added the hard-throwing Stanek on a $3.5MM deal in January. They wanted an experienced leverage arm who could compete for the closing role and potentially be a midseason trade asset. Riley O’Brien seized the ninth inning, leaving Stanek alongside JoJo Romero and George Soriano in the setup group.

    Stanek continues to sit around 98 mph and generate above-average strikeout and whiff rates. His already problematic control has pushed even further, though, and he’s walking nearly 18% of opposing hitters. It’s the third-highest mark among pitchers with at least 20 innings. The free passes have resulted in a 6.30 ERA over 23 appearances. Teams are inclined to bet on pitchers with this kind of stuff, but Stanek will need a better second half to convince the Cardinals (or a potential midseason trade partner) to bring him back for $6MM.

    Ramón Urías, 3B: $4MM mutual option ($500K buyout)

    St. Louis added Urías on a $2MM free agent deal during Spring Training. He’s making $1.5MM in salary and will be paid a $500K buyout. Urías limped to a .158/.279/.316 start over 25 games before landing on the injured list with tennis elbow.

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