Matt Garza agrees to one-year, $10.25 million deal with Cubs to avoid arbitration

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The Cubs and right-hander Matt Garza have avoided arbitration by agreeing to a one-year, $10.25 million contract. Garza’s representation at CAA Baseball made the announcement on Twitter.

Garza gets a slight raise from the $9.5 million salary he made last season. The 29-year-old right-hander posted a 3.91 ERA and 96/32 K/BB ratio over 103 2/3 innings before being shut down in mid-July with a stress reaction in his right elbow.

Garza has resumed throwing and is expected to be ready for spring training, but he could become a valuable trade chip if he proves his health. He’s currently set to become a free agent following the 2013 season.

Report: Twins interested in Wade Miley

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Free agent left-hander Wade Miley is among several offseason targets for the Twins, according to a report from Darren Wolfson of KSTP. Miley’s $12 million option was declined by the Orioles back in November, and while he’s expected to attract another major league deal in 2018, he hasn’t exactly been highly sought after this offseason.

The 31-year-old lefty finished his second campaign with the Orioles in 2017, producing an 8-15 record in 32 starts and ranking second-to-last among all AL starters with a 5.61 ERA, 5.3 BB/9 and 8.1 SO/9 in 157 1/3 innings. Even taking Miley’s undeniable durability into account — he remained healthy for the bulk of the season and completed his sixth straight year with 30+ starts — his declining value and career-worst numbers may lower his price tag as the 2018 season approaches.

Wolfson notes that the Twins have engaged in “regular dialogue” with Miley’s agent this winter, but he’s far from the only starting pitcher they have their eye on. Right-handers Yu Darvish, Lance Lynn, Alex Cobb and Chris Tillman are still on their radar, among several others, and club owner Jim Pohlad said Saturday that he was “totally on board” with the idea of signing a big-name free agent like Darvish or another available starter. “There are some interesting names and some interesting opportunities there,” Pohlad told a crowd at TwinsFest. “I’m as intrigued by it as anybody and attracted to it as anybody.”