Cubs Pitchers Boyd and Holmes Decline Player Options, Become Free Agents

• Cubs lefty Matthew Boyd and starting pitcher Clay Holmes have become free agents after declining their player options.
• Both players had mutual options with Boyd valued at $15MM and Holmes at an undisclosed amount.
• Boyd will receive a $2MM buyout, while details on Holmes' buyout are not specified in the source material.
• Players typically decline their end of the deal first, indicating both Boyd and Holmes likely chose to become free agents.
• The MLBPA announced Boyd and catcher Carson Kelly as free agents on Friday, with Kelly receiving a $1.5MM buyout for his declined $7.5MM option.