Camp, 37, had a 7.04 earned-run average and seven home runs in 23 innings during his second season with the Cubs. During the 2012 season, Camp pitched 77.2 innings in a team high 80 appearances with a record of 3–6, two saves and a 3.59 ERA. Prior to joining the Cubs, Camp spent a month with the Seattle Mariners after three seasons in the Toronto Blue Jays organization.
Last week Camp was sent to Triple-A Iowa on assignment before his release.
Camp joins Carlos Marmol has the second member of the Cubs bullpen to be shown the door this season. Matt Guerrier and Pedro Strop look to replace the two as well as left-handed pitcher Brooks Raley from Iowa before a prospect is brought up.