Roy Oswalt looks sharp in extended spring training start

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Veteran right-hander Roy Oswalt should be back in the major leagues at some point in early-to-mid June.

According to Thomas Harding of MLB.com, Oswalt allowed just one hit — a leadoff bunt — over five innings Saturday in an outing at extended spring training against a group of Brewers minor leaguers. He struck out nine batters and did not issue a walk.

Oswalt signed a minor league contract with the Rockies on May 2 that will carry a prorated $2.3 million salary if he climbs onto the 25-man roster.

Oswalt will report this week to the Double-A Tulsa Drillers for four or five tuneup starts. If those go well, he’ll then head to Denver.

Cubs sign Drew Smyly to a two-year, $10 million contract

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The Cubs announced on Tuesday evening that the club signed pitcher Drew Smyly to a two-year contract. Ken Rosenthal of The Athletic reports the contract is for $10 million total and allows Smyly to earn another $7 million with performance bonuses. Smyly was non-tendered by the Mariners at the beginning of the month and became a free agent.

Smyly, 28, underwent season-ending Tommy John surgery in late June. He’s expected to miss, at minimum, the first half of the 2018 season. The Cubs are hoping he can contribute to a playoff push in the latter half of the season as well as in 2019.

Smyly didn’t pitch at all in 2017. When he was healthy the season prior, he made 30 starts for the Rays and put up a 4.88 ERA and a 167/49 K/BB ratio in 175 1/3 innings.