Ramon Ortiz, 37, signs minor league contract with Cubs

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From MLB.com beat writer Carrie Muskat comes word that the Cubs have signed veteran right-hander Ramon Ortiz to a minor league contract and assigned him to Triple-A Iowa.

Ortiz spent the 2010 season with three different organizations — the Dodgers, Mets and Rays — and finished with a 6.30 ERA over 16 major league appearances (two starts).

The 37-year-old will serve as starting rotation depth for the Cubs, who lost both Andrew Cashner and Randy Wells to injuries this past week.

Ortiz has a 4.93 career ERA and 1.42 career WHIP over 274 total appearances. He spent 2008 in Japan.