From the Wire … Marlon Byrd Agrees to Terms with the Cubs

According to reports from Bruce Levine at ESPN Chicago.com and Ken Rosenthal, the Cubs agreed to terms with free agent centerfielder Marlon Byrd on a three-year, $15 million contract.

The Cubs are expected to make an official announcement on Thursday afternoon.

Updated 12:20pm C.S.T. with Details on the signing of Marlon Byrd and other rumors

Updated 1:05pm C.S.T. – According to the Sun-Times, Marlon Byrd’s contract is backloaded. Byrd will earn $3 million in 2010 … $5.5 in 2011 and $6.5 million in 2012. Byrd will hit from fifth to seventh in the Cubs lineup next season.

Will update soon.

Update – According to a report from Bruce Levine, Marlon Byrd was in Chicago on Wednesday taking a physical. The three-year deal is believed to be backloaded to give the Cubs more financial flexibility for the upcoming season.

The Cubs were in negotiations with the agents for Rick Ankiel and Scott Podsednik until Wednesday when Byrd reportedly agreed to terms with the Cubs

According to the report from ESPN Chicago, Jim Hendry is looking to add to his bullpen and possibly a fourth outfielder.

Ryan Spilborghs is on the Cubs radar for the outfield … while Jose Contreras and Jason Frasor of the Blue Jays are in the mix for the swingman role.

Here is the official release from the Cubs.

Stay Tuned …

Quote of the Day

"Most folks are about as happy as they make up their minds to be." - Abraham Lincoln

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