Mike Olt is finally healthy, but now he’s blocked on the Cubs by Kris Bryant

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Third baseman Mike Olt fracturing his right wrist in mid-April is what led to the Cubs calling up Kris Bryant from Triple-A to take over the position on the same day he went on the DL, but now that Olt is healthy again Bryant’s presence means there isn’t room for him in Chicago.

Bryant has thrived as a rookie, hitting .275 with 12 homers and an .859 OPS in 75 games to live up to the hype as baseball’s No. 1 prospect, so the Cubs activated Olt from the disabled list and optioned him to Triple-A.

Olt put up big numbers at Single-A and Double-A to establish himself as a top-100 prospect, but he’s mostly struggled for the past 2-3 seasons and has hit just .158 in 111 games as a big leaguer for the Rangers and Cubs. At age 27 he still has time to get back on track, but Olt needs to go crush Triple-A pitching for a while.

Rays’ Díaz gets $24 million, three-year deal, avoids arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a $24 million, three-year contract on Tuesday that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.