BREAKING: Cubs Sign RHP Scott Baker

Scott Baker has been signed by the Cubs this morning.

Reports say that Baker will receive $5.5 million for 1 year of service plus $1.5 million in bonuses.

Aug 8, 2011; Minneapolis, MN, USA: Minnesota Twins starting pitcher Scott Baker (30) delivers a pitch in the first inning against the Boston Red Sox at Target Field. Mandatory Credit: Jesse Johnson-US PRESSWIRE

The former Twin was projected to be signed for at least $6.5 million, as stated by Jon Heyman, so it’s arguable the Cubs have gotten a potential bounce back player for cheaper than market value. His metrics indicate he’s worth $5.5 million at least despite missing the vast majority of the 2012 season with Tommy John surgery.

More details to come as news breaks

Topics: 2012, Cubs, Scott Baker

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