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May 3, 2026, 1:44 PM ET

The Chicago Cubs reinstated right-handed closer Daniel Palencia (lat) from the 15-day injured list and designated pitcher Yacksel Rios for assignment in a corresponding move on Sunday before their series finale against the D-backs, according to Taylor McGregor of the Marquee Sports Network. Palencia was initially expected to return for the series opener against the Arizona Diamondbacks on Friday, but instead, the Cubs sent him on a short minor-league rehab assignment with Triple-A Iowa. The 26-year-old Venezuelan hurler threw two-thirds of an inning with Iowa on Friday and is now back in Chicago's big-league bullpen. The Cubs could decide to ease Palencia back in after he recovered from a lat strain, but there's no question that he will be the team's primary closer now that he's healthy. Before his injury, Palencia had one save and five strikeouts in five shutout innings, and he had a career-high 22 saves for the team in 2025. Pick him up immediately if he's available in your fantasy league. He's rostered in 82% of Yahoo leagues.--Keith Hernandez
Source: Marquee Sports Network - Taylor McGregor
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