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Cubs trade for David Peterson, lose Tyler Beede to free agency

Yahoo Sports • 1 min read • Latest: Jun 28, 2026, 11:30 AM

Last updated Jun 28, 2026

Cubs trade for David Peterson, lose Tyler Beede to free agency

Summary

The Chicago Cubs traded for New York Mets All-Star David Peterson on June 27, 2026, to bolster their pitching rotation. In a related move, former first-round pick Tyler Beede, who was struggling at Triple-A Iowa, elected free agency shortly after the trade. Beede, 33, had a rough season with a 12.71 ERA in 13 appearances for Iowa. The Cubs are looking to strengthen their pitching depth as they pursue a postseason berth, while Beede seeks new opportunities in the majors after his challenging stint.

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Market Watch

•Cubs acquired David Peterson from Mets on June 27, 2026
•Tyler Beede elected free agency after the trade
•Beede struggled with a 12.71 ERA at Triple-A Iowa
•Cubs are focusing on enhancing pitching depth for potential postseason run
•Beede has previously pitched for Giants and Guardians in MLB

Latest Updates

11:30 AMYahoo Sports — Cubs Lose Former First-Round Pick After Sudden Trade For Mets’ Reigning All-Star

What they're saying

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The Chicago Cubs lost a two-time first-round draft pick starter shortly after they acquired a seven-year New York Mets veteran.
— Yahoo Sports

Related Teams & Leagues

Chicago Cubs Cleveland Guardians Milwaukee Brewers New York Mets Pittsburgh Pirates Toronto Blue Jays Los Angeles Dodgers Philadelphia Phillies MLB Baseball

Sources

External links

Yahoo SportsJun 28, 2026, 11:30 AM
Cubs Lose Former First-Round Pick After Sudden Trade For Mets’ Reigning All-Star
The Chicago Cubs lost a two-time first-round draft pick starter shortly after they acquired a seven-year New York Mets veteran.

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