The Cubs have declined their end of a $10MM mutual option on left-hander Drew Smyly, reports Jon Heyman of the New York Post. He’ll be paid a $2.5MM buyout and return to the free agent market. Smyly, 35, pitched to a 3.84 ERA in 58 2/3 innings over 50 relief appearances with the Cubs this past season, but that solid earned run average was accompanied by more worrying rate stats. The southpaw’s strikeout rate dipped to 21.8% while his walk rate spiked to a 9.7% mark that stands as the second-worst of his career. He also yielded an average of 1.53 homers per nine innings pitched and surrendered his highest hard-hit rate (38.2%) and average exit velocity (89.2 mph) since 2020. His 11.3% swingin
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