Left-hander Shota Imanaga has become a free agent, according to a report from Jesse Rogers of ESPN. The Cubs declined their three-year, $57MM club option on Imanaga’s services for 2026-28, and Imanaga subsequently declined his $15MM player option for 2026.
It’s an outcome that would’ve seemed unthinkable just a few months ago. Signed out of Japan to a deal that was on paper a four-year, $53MM contract during the 2023-24 offseason that had the aforementioned complex option structure set to kick in after the 2025 campaign, Imanaga was nothing short of sensational for Chicago in his first year as an MLB pitcher last year. In 29 starts, he pitched to a 2.91 ERA with a 25.1% strikeout rate across 173 1/3 innings of work that earned him an All-Star appearance and a fifth-place finish in NL Cy Young award voting last year.
While that strong rookie campaign seemed to portend a long stay near the front of Chicago’s rotation for Imanaga, things started to unravel this year. Early in the season, he managed to get strong results despite shoddy peripherals, with a 2.82 ERA through eight starts despite a 4.59 FIP and a strikeout rate that had plummeted to just 18.8%. His season was abruptly put on hold by a hamstring injury that cost him nearly two months, and when he returned his strikeout rate continued to dip. He did manage to fire off seven scoreless innings with five strikeouts during his first start after the All-Star break, but from there he began a downward spiral where his results started to match his lackluster peripherals.
From July 25 through the end of the season, Imanaga made 12 starts where he surrendered a 5.17 ERA with a 5.42 FIP across 69 2/3 innings of work. His strikeout rate actually recovered a bit during this stretch, creeping back up to 23.2%, but he allowed an eye-popping 20 home runs in that stretch. Imanaga has always had trouble with the long ball, and even in his excellent 2024 campaign he allowed the tenth-most homers among qualified starters. This year, his 31 homers allowed were the fourth-most in all of baseball despite him pitching just 144 2/3 frames. That’s fewer innings than anyone else in the top 20 besides Tyler Anderson, who allowed 28 homers in 136 1/3 innings of work.
More to come.
