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Cubs Re-Sign Vince Velasquez, Outright Yacksel Ríos

Summary by MLB Trade Rumors
The Cubs re-signed righty Vince Velasquez to a minor league contract, per the MiLB.com transaction log. The tracker also indicates that reliever Yacksel Ríos cleared outright waivers after being designated for assignment on Sunday. Velasquez elected free agency last week following his own DFA. The 33-year-old had signed an offseason minor league deal with Chicago. He started three of four appearances with Iowa, allowing eight runs (seven earned)…
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MLB Trade Rumors broke the news in United States on Thursday, May 7, 2026.
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