The Cubs announced on Thursday evening that the club acquired pitcher Jesse Chavez from the Rangers in exchange for minor league pitcher Tyler Thomas.
Chavez, 34, has pitched out of the bullpen for the Rangers this season, compiling a 3.51 ERA with 50 strikeouts and 12 walks across 56 1/3 innings. The veteran right-hander inked a one-year, $1 million deal with the Rangers in February, so the Cubs are on the hook for the prorated remainder — a little less than $600,000.
Thomas, 22, was selected by the Cubs in the seventh round of the 2017 draft. The lefty has made 14 starts and one relief appearance for Single-A South Bend, putting up a 2.88 ERA with an 81/14 K/BB ratio in 75 innings.