Cubs sign reliever Jose Veras to one-year pact

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As first reported by Enrique Rojas of ESPN Deportes, the Cubs have reached agreement on a one-year, $4 million contract with right-handed reliever Jose Veras. The deal also carries a $5.5 million club option for the 2015 season along with some undisclosed performance-based incentives.

Veras drew interest on the open market from the Astros and Rockies before settling Tuesday with Chicago. He will serve primarily as a setup man in 2014 behind Cubs closer Pedro Strop but could eventually get save opportunities if Strop struggles.

The Tigers declined a $3.25 million club option on Veras at the end of the 2013 season — a controversial decision after he posted a steady 3.02 ERA, 1.07 WHIP and 60/22 K/BB ratio across 62 2/3 total frames.

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UPDATE, 6:43 p.m. ET: CBS Sports’ Jon Heyman says Veras will be the Cubs’ closer.

Report: Royals sign Neftali Feliz

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Ken Rosenthal of FOX Sports reports that the Royals have signed free agent reliever Neftali Feliz, pending a physical. The Brewers designated Feliz for assignment last week and released him on Monday.

Feliz, 29, opened the season as the Brewers’ closer, but struggled and was eventually taken out of the role in mid-May, giving way to Corey Knebel. In 29 appearances spanning 27 innings with the Brewers, Feliz posted a 6.00 ERA with a 21/15 K/BB ratio.

The Royals have had bullpen issues of their own, so Feliz will try to provide some stability given his track record. It’s not clear yet if the Royals want to let Feliz get his feet wet at Triple-A or throw him right into the bullpen mix.

Mets may move Asdrubal Cabrera to second base upon return from DL

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Newsday’s Marc Carig reports that the Mets may move Asdrubal Cabrera to second base when he returns from the disabled list. Cabrera has been on the disabled list since June 13 with a sprained left thumb, but he’s expected to be activated on Friday.

Cabrera, 31, last played second base in 2014 with the Nationals. He has played shortstop exclusively as a Met the last two seasons. Jose Reyes would continue to play shortstop if the Mets were to go through with the position change. Cabrera would displace T.J. Rivera, who has been playing second base in place of the injured Neil Walker.

In 196 plate appearances this season, Cabrera is hitting .244/.321/.392 with six home runs and 20 RBI. He has made 11 defensive errors, which is tied for the third-most among shortstops behind Tim Anderson (16) and Dansby Swanson (12).