Cubs sign Jose Veras for $4 million, per report

Bob Levey

Chicago adds a cheap arm to its bullpen on a one-year pact with an option for 2015.

The Chicago Cubs have agreed to a a one-year, $4 million contract with free-agent reliever Jose Veras that includes incentives and a club option for a second year, reports Enrique Rojas of ESPN Deportes. The right-hander will earn $5.5 million in 2015 if the Cubs pick up the option.

Veras will earn $3.85 million in 2014, and the buyout of his 2015 option is $150,000, per Jon Heyman of CBS Sports, who also reports that Veras can make an addition $750,000 in performance bonuses.

Veras started the 2013 season as the Astros' closer, then was shipped off to the Tigers at the trade deadline after a solid first half. The 33-year-old didn't close for Detroit but he continued to pitch well, finishing the year with a 3.02 ERA in 62⅔ innings between his two American League clubs.

The Tigers had the option of retaining Veras for just $3.25 million in 2014, but instead bought out his contract for $150,000 then spent some of the leftover money on a $2.5 million deal for Joba Chamberlain.

Veras' signing is just the latest in a series of moves that the Cubs have made to shore up their bullpen. Chicago's relief corps was among the National League's worst in ERA (4.04) and K/BB (1.99) last season, so the club has seemingly made it a point to bring in new arms. The club added another former Astro, left-hander Wesley Wright, on a one-year pact earlier this month and claimed young right-hander Liam Hendriks off waivers from the Twins last week.

Veras didn't have any real closing experience before taking on the role with Houston last season, but that probably won't keep the Cubs from using him in the ninth inning in 2014. Kevin Gregg closed for Chicago for much of last season, but he's now a free agent.

More from SB Nation MLB:

2013-14 MLB free agent tracker | Brian Roberts, Yankees agree to deal

The most adorable Baseball-Reference page ever | #Lookit

Goldman: Diamondbacks on wrong end of trade, again

Japanese ace Masahiro Tanaka may stay overseas

Death of a Ballplayer: Wrongly convicted prospect spends 27 years in prison

Latest News

In This Article

Teams
Players
X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.