After losing out to the New York Yankees in the Masahiro Tanaka sweepstakes, the Cubs were rumored to still be in the market for a free agent pitcher.
Now, they have a veteran starter in the fold.
According to a report from Fox Sports' Ken Rosenthal the Cubs have signed Jason Hammel.
Sources: #Cubs in agreement with free-agent RHP Jason Hammel, pending a physical.— Ken Rosenthal (@Ken_Rosenthal) January 31, 2014
The 31-year-old right-hander had a 4.97 ERA with a 96/48 K/BB ratio in 139 innings with the Baltimore Orioles in 2013. In 215 games with the Orioles, Tampa Bay Rays and Colorado Rockies, Hammel has compiled a 49-59 record with a 4.80 ERA.
The Cubs also reportedly agreed to terms on a minor-league contract with right-hander James McDonald.
McDonald, 29, started his career with the Los Angeles Dodgers and spent the last three-and-a-half seasons with the Pittsburgh Pirates. He only made six big-league starts last season, going 2-2 with a 5.76 ERA and a whopping 20 walks in 29.2 innings.
In 2011-12, he made 60 starts with the Pirates, posting a 21-17 record with a 4.21 ERA and 1.37 WHIP.
McDonald was ranked No. 56 on Baseball America's Top 100 prospect list prior to the 2009 season.