Ted Lilly joins Venezuelan Winter League team

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Ignacio Serrano of El Emergente, El Nacional and ESPN Deportes reports that veteran left-hander Ted Lilly has signed on with Navegantes del Magallanes of the Venezuelan Winter League, arriving in the South American country Saturday with the hope of establishing some MLB free agent value.

Lilly has made just 13 total starts over the last two seasons due to neck and shoulder injuries and posted a 5.09 ERA (71 ERA+) in 23 innings this summer for the Dodgers before being released.

The 37-year-old was said to be nearing a minor league deal with the Giants in August, but that fell through when the two sides couldn’t agree to a defined callup date.

Lilly will want to prove he’s healthy in the VWL before jumping back into MLB’s free agent pool.

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.