Frazier accepted an outright assignment to Triple-A Iowa on Friday, Jesse Rogers of ESPN.com reports.

EDGE Analysis

Initially it was reported that he was mulling his options, but Frazier opted to remain with the Cubs, as there likely wasn't a team willing to give him a 40-man roster slot and pay the rest of his $1.5 million contract for this season. Frazier will likely put up impressive numbers at Iowa, but he is not a key part the Cubs' long-term plans.