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The Cubs released Neris on Tuesday, Jesse Rogers of ESPN.com reports.
Neris leads the Cubs with 17 saves this season and has posted a decent 3.89 ERA with 46 strikeouts over 44 innings. However, a 1.52 WHIP, a 13.3 percent walk rate and five blown saves left the team frustrated, and the Cubs have decided to move on from the veteran reliever, eating what remains of his $9 million salary. Neris should be able to latch on quickly with another team now that he can be had at the prorated minimum salary, but he's unlikely to be deployed in high-leverage spots at his next stop, at least not right away.
