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.
- Edwin Encarnacion slugs three home runs as Blue Jays thrash Tigers 1
- Mark Teixeira says he’s having “serious pain” when he tries to run 12
- Settling the Score: Friday’s results 22
- Vin Scully will return in 2016 for his 67th season of broadcasting 43
- The Athletics have a travel-heavy 2016 schedule and unsuccessfully tried to have it altered 11
- Mariners fire general manager Jack Zduriencik 75
- Pedro Martinez wonders if bad chemistry is the reason the Tigers and Mariners are out of contention 53
- Vote of non-confidence: Reds owner says manager Bryan Price won’t be fired before the season is over 23
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (263)
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (200)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (170)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (134)
- Phillies announcer calls Mets fans “obnoxious” (123)