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Brewers Place Colin Rea On Waivers

November 11, 2024 by MLB Trade Rumors

The Brewers have placed right-hander Colin Rea on waivers, MLBTR has learned. He’s available for any club to claim. Rea has a $5.5MM club option for the upcoming season with a $1MM buyout.

It’s a surprising move, given the affordable nature of Rea’s option and the solid work he’s given to them over the past two seasons. The veteran righty has given Milwaukee 292 1/3 innings of 4.40 ERA ball since 2023, taking the ball 58 times and starting 49 games. Rea hasn’t been a top-of-the-rotation arm but has been a stabilizing presence amid myriad injuries and considerable turnover in the Brewers’ rotation. He’d have become a free agent if Milwaukee declined his buyout, but they’ll instead make a rather glaring cost-cutting move of waiving him to try to save that $1MM buyout in the event that another team claims him.

Any team in need of rotation help or perhaps an affordable swingman will now have the opportunity to claim Rea at the $5.5MM price point of his 2025 option. If he goes unclaimed, Milwaukee will seemingly pay that $1MM buyout, at which point Rea will become a free agent who’s able to sign with any club.

Given that he’s coming off a season that saw him pitch 167 2/3 innings with a 4.29 ERA, 18.9% strikeout rate and 6% walk rate, Rea should hold appeal to clubs seeking help at the back of the rotation — particularly lower-payroll clubs that have doubts over their ability to buy a comparable arm in free agency. One way or another, Rea will likely land on his feet, but it’s a tough pill to swallow for the righty, as he now has no say over choosing his next destination unless he surprisingly goes unclaimed and is subsequently bought out.

As a reminder, offseason waiver priority is based on the reverse standings from the 2024 season and is not league-specific. The White Sox will have first crack at claiming Rea, followed by the Rockies, Marlins, Angels, A’s, etc.

Filed Under: Brewers

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