The Cubs have agreed to a one-year deal with former Yankees outfielder Clint Frazier, NBC Sports Chicago confirmed.
Frazier, who made $2.1 million in 2021, was released by the Yankees last week after they designated him for assignment.
Frazier, 27, is a low-risk signing and a high-ceiling player who could benefit from a change of scenery. He was the fifth-overall pick by Cleveland in 2013 — during new Cubs general manager Carter Hawkins' stint in their front office. The Cubs worked him out before ultimately selecting Kris Bryant second overall.
Frazier was a top prospect and the key piece sent to the Yankees at the 2016 trade deadline for Andrew Miller. He debuted in 2017 but sustained a concussion in 2018 spring training. He was limited to 66 games in 2021 while spending time on the IL with dizziness and vertigo symptoms.
Frazier's best season was 2019, when he slashed .267/.317/.489 with 12 home runs and 38 RBIs in a career-high 69 games. He broke out in the shortened 60-game 2020 season, batting .267/.394/.511 with eight homers and 26 RBIs in 39 games.
He holds low career defensive WAR grades but was a Gold Glove finalist in 2020.
Frazier is a corner outfielder with near-equal experience in right and left field. The Cubs' 2022 outfield picture is unsettled at this point in the offseason.
Ian Happ, Jason Heyward and Rafael Ortega are among seven outfielders on the 40-man roster (excluding Frazier), along with prospects Alexander Canario and Nelson Velazquez, newly-acquired Harold Ramirez, and Greg Deichmann.