After appearing in a Spring Training tilt between the Chicago Cubs and the Cincinnati Reds today, Pedro Strop talked to Chicago Sun-Times Cubs’ beat writer Gordon Wittenmyer, who tweeted out that the Cubs tried to re-sign the reliever, but ultimately couldn’t match what the Reds the offered. Strop also indicated that the Cubs told him they were trying to stay under the “salary cap.”
In the MLB there’s a luxury tax, not a hard salary cap like in other professional sports. But for the most part, owners get away with using it as a cap. All that being said, this jives with what the Cubs’ company line has been all offseason, i.e. there is no money to be spent and payroll needs to be shed. Considering Strop’s $1.825M salary with the Reds already represents a $4.425 million pay decrease from his 2019 salary, it isn’t hard to imagine him getting as much of the bag as he could.