From the Wire … Cubs Sign Veteran Reliever Jose Veras

According to a report from Enrique Rojas, the Cubs signed free agent RHP Jose Veras to a one-year, $4 million contract. The deal includes a club option for 2015 worth $5.5 million and an incentives package for the 2014 season. Veras must pass a physical before the deal becomes official. According to Jon Heyman, Veras receives $4 million on one-year deal … $3.85 million base plus $150,000 buyout on $5.5 million club option for 2015. Veras also receives $750,000 in incentives based on games finished.

The 33-year old split time last season with the Astros and Tigers. Jose Veras began the year as Houston’s closer and finished the season in Detroit. Veras ended up with a combined 0-5 record with 21 saves in 67 appearances (3.02 ERA and a 1.07 WHIP).

With the addition of Jose Veras, the Cubs’ 40-man roster stands at 40 players.

The Cubs signed Jose Veras to pitch in the ninth inning next year and possibly into the 2015 season. Jose Veras figures to join Pedro Strop, Justin Grimm, Hector Rondon, Wesley Wright, James Russell and a healthy Arodys Vizcaino, as the roster is currently constructed, in the backend of the bullpen.

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