Cade Horton

SP · R/R · age 25.1 · CHC

60-DAY ILOCTOBER: REINSTATE

Roster status
60-DAY IL (Tommy John surgery)
Service thru 2025
1+000
Service now / projected
2+000 / 2+000
Option years left (2026)
3
Assignments left this season
5 of 5
Contract (2027)
PRE-ARBITRATION / AUTO-RENEWAL
Acquired
Drafted 1st Rd (7) '22
Outrighted / DFA'd before
0 / 0
Contract
1 yr, $817.5k (2026)

Next 90 days, by the model

Stays put
97%
Designated
1%
Optioned
2%
Traded
1%
Released or non-tendered
<1%

Pushing the cut risk around: last season's WAR (2.14) lowers it, this season's WAR (0.04) raises it, roster status (2) raises it.

Context the model does not weigh: ZiPS projects 1.6 WAR, 0.0 WAR this season; 10 SP on the 40-man, of whom Kevin Gausman, Shota Imanaga, David Peterson are headed to free agency.

Trained on every 40-man roster snapshot since 2011 and what happened in the following 90 days; it sees roster status, options, service, history and last season's line, not this season's performance or the club's intentions. How well it does.

Is there a job for him next year?

CHC returns 7 SP on the 40-man once 3 free agents leave; about 8 SP jobs survive a normal winter. By his own recent record he ranks 4th among the returners (1.6 WAR against a bar of 0.4), which the calibrated model turns into 98% kept through the tender deadline. Ranked by ZiPS and Steamer instead, which credit his longer track record, he is 5th (1.4 WAR, bar 0.7), worth 98% kept on the same model.

By recent record: returning SPProj. WAR
1. Ben Brown2.3
2. Matthew Boyd1.9
3. Clay Holmes1.8
4. Cade Horton1.6
5. Justin Steele1.4
6. Jordan Wicks0.5
7. Braxton Garrett0.4
By ZiPS / Steamer: returning SPProj. WAR
1. Matthew Boyd2.1
2. Clay Holmes2.0
3. Justin Steele1.8
4. Braxton Garrett1.6
5. Cade Horton1.4
6. Ben Brown1.3
7. Jordan Wicks0.7

Departing free agents are excluded; players on club, mutual or player options are counted as returning. The kept probability is calibrated on every September since 2012 using the recent-record projection; the ZiPS/Steamer reading uses the same model with a different ranking, so treat it as a second opinion rather than a calibrated number. Salary enters once arbitration projections publish in October.

October: Eligible once reinstated

On the 60-day IL before the cutoff, so he is on the eligibility list. He has served the 60 days (163), so the only step is reinstatement: the club must open a 40-man spot (the 40-man is full, so someone must be traded, outrighted, released or moved to the 60-day IL) and a 26-man spot before the series roster is submitted.

The post-season eligibility list is fixed at noon ET on September 1: everyone on the 40-man, the 60-day IL or the military list at that moment, who then stays there without interruption. Attachment 25 (Major League Rule 40)

What happens if the club…

option him to the minorsBLOCKED
Not while he is on the injured list. He must be healthy and reinstated first; a rehab assignment (20 days, 30 for pitchers, with his consent) is the only way to send him down injured.
Injured players cannot be sent down
designate him for assignment (or put him on outright waivers)
The club has 7 days to trade him, pass him through outright waivers, or release him; he is paid at the major-league rate and keeps accruing service in the meantime. On outright waivers any club can claim him for $50,000, worst record first, and the claiming club takes his contract (1 yr, $817.5k (2026)). If he clears, the club can outright him to the minors and he has no say; he stays under club control on a minor-league deal. He would then be Rule 5-eligible and would hold XX-D rights against any future outright. Post-season: an outright after the September 1 cutoff ends his automatic eligibility. He could only return as an approved injury replacement, and only if he accepts the outright and stays on a minor-league reserve list in the organization without interruption; a release makes him ineligible for anyone this October. Because he is on the injured list he cannot be outrighted until he is healthy and reinstated, so a DFA now would have to end in a trade or a release.
Designated for assignment: 7 days · Outright waivers · Article XX-D: the right to walk
release him
Release waivers cost a claiming club $1 but the claimant assumes the whole contract, so expensive players clear. The club owes the full unpaid balance of this season's salary, offset by whatever another club pays him this year. A released player is not post-season eligible for any club this year.
Release waivers and termination pay · Which rate a split contract pays at release
trade himBLOCKED
Not now: players on major-league contracts cannot be traded after the Aug 3 deadline until the day after the World Series.
Trade deadline · 10-and-5 rights · June 15 no-trade for free-agent signees
renew him for next year
Pre-arbitration: the club sets his 2027 salary near the minimum ($780,000 floor) and he has no leverage beyond a non-tender.
Minimum salaries · Tender deadline

What the rules say about him

Transaction log

Apr 18, 2026Status changeChicago Cubs transferred RHP Cade Horton from the 15-day injured list to the 60-day injured list. Right forearm strain.
Apr 5, 2026Status changeChicago Cubs placed RHP Cade Horton on the 15-day injured list retroactive to April 4, 2026. Right forearm strain.
Oct 12, 2025Status changeChicago Cubs activated RHP Cade Horton.
Sep 29, 2025Status changeChicago Cubs activated RHP Cade Horton from the 15-day injured list.
Sep 27, 2025Status changeChicago Cubs placed RHP Cade Horton on the 15-day injured list retroactive to September 25, 2025. Right rib fracture.
May 10, 2025Contract selectedChicago Cubs selected the contract of RHP Cade Horton from Iowa Cubs.
Jul 23, 2022SignedChicago Cubs signed RHP Cade Horton.

Service through 2025 per FanGraphs RosterResource; options and this-season service reconstructed from the MLB transaction log (reconstruction; FanGraphs shows 3). Rule 5 exposure deadline Nov 17, 2026.