According to reports from the Sun-Times and the official report from Cubs.com, the Cubs signed Paul Bako to a one-year contract on Friday. Terms of the contract were not disclosed but reports have suggested Bako will earn between $500,000 and $750,000 to serve as Geovany Soto’s backup.
Paul Bako last played for the Cubs during the 2003 and 2004 seasons.
Updated – 2:49pm C.T. – According to a report from the AP, the one-year deal for Paul Bako is worth $725,000 and could earn an additional $300,000 in performance bonuses based on games started.