UPDATE: Paul Maholm agrees to contract with Cubs

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UPDATE: Paul Maholm just indicated on his Twitter account that he has agreed to terms with the Cubs:

“Looking forward to seeing the fans at Cubs convention this weekend and getting to know all the guys. It’s gonna be fun.”

1:42 PM: Just days after trading Carlos Zambrano to the Marlins for Chris Volstad the Cubs are also “close” to adding Paul Maholm to the rotation, according to Ken Rosenthal of FOXSports.com.

Maholm was first linked to the Cubs a month ago and has been a popular name to speculate about as teams try to fill out their rotations with low-cost veterans.

He never developed as hoped for the Pirates, who cut Maholm loose rather than exercise his $9.75 million option, but he’s still just 29 years old and has generally been a solid mid-rotation starter despite a sub par strikeout rate.

Maholm makes up for the lack of missed bats by inducing lots of ground balls, allowing just 18 homers per 200 innings during his career. Of course, Maholm hasn’t actually thrown 200 innings since 2008 and missed the end of last season with shoulder problems, but for a modest one-year deal he’d be a worthwhile pickup.