Dec 17, 2013, 6:23 PM EDT
As first reported by Enrique Rojas of ESPN Deportes, the Cubs have reached agreement on a one-year, $4 million contract with right-handed reliever Jose Veras. The deal also carries a $5.5 million club option for the 2015 season along with some undisclosed performance-based incentives.
Veras drew interest on the open market from the Astros and Rockies before settling Tuesday with Chicago. He will serve primarily as a setup man in 2014 behind Cubs closer Pedro Strop but could eventually get save opportunities if Strop struggles.
The Tigers declined a $3.25 million club option on Veras at the end of the 2013 season — a controversial decision after he posted a steady 3.02 ERA, 1.07 WHIP and 60/22 K/BB ratio across 62 2/3 total frames.
UPDATE, 6:43 p.m. ET: CBS Sports’ Jon Heyman says Veras will be the Cubs’ closer.
- Royals might actually know what they are doing 20
- Curt Schilling reveals that he was diagnosed with mouth cancer, blames smokeless tobacco 68
- Clown shoes in Chicago: the Cubs grounds crew couldn’t get the tarp on the field 57
- And That Happened: Tuesday’s scores and highlights 69
- Tony La Russa denies that Kirk Gibson’s job is safe 22
- Pirates activate Andrew McCutchen from the disabled list 2
- HBT Daily: They’ve dropped six straight, but the Pirates may be the Wild Card favorites 2
- The Diamondbacks plan to bring back Kirk Gibson for some reason 31
- Mike Matheny addresses turmoil in Ferguson: “It’s a sad situation. It’s a tough situation for our city” (126)
- Jayson Werth clocked at 105 m.p.h. in a 55 zone, is charged with reckless driving (88)
- Here’s today’s dose of barfy Derek Jeter sentiment (82)
- Baseball is dying, you guys (78)
- A vote for Tom Werner for commissioner is a vote to return to the dark ages (78)