AP source: Cubs, Jose Veras near $4M contract - NBC Sports

AP source: Cubs, Jose Veras near $4M contract
December 17, 2013, 9:26 pm

CHICAGO (AP) A person familiar with the situation says the Chicago Cubs and reliever Jose Veras were closing in on a $4 million, one-year contract.

The person spoke Tuesday on the condition of anonymity because the deal with the 33-year-old right-hander was pending a physical.

Veras would get $3.85 million next season, and the Cubs have a $5.5 million option for 2014 with a $150,000 buyout. He can make an additional $750,000 annually in performance bonuses based on games finished.

Veras was 0-5 with a 3.02 ERA in 67 games last season for the Houston Astros and Detroit Tigers, who acquired him on July 29.

Detroit declined a $4 million option on Veras in November and opted to pay a $150,000 buyout.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Slideshow