Cubs to sign Joe Nathan

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Gordon Wittenmyer of the Chicago Sun-Times reports that the Cubs are signing reliever Joe Nathan.

Nathan, 41, last pitched on Opening Day 2015 for the Tigers before going on the disabled list with a flexor strain in his right elbow, causing him to miss the rest of the season. Over the winter it was thought that he’d be able to contribute out of the bullpen in late May or early June of this year if he has no setbacks, and none have been reported. Assuming this is a minor league deal, this is a low-risk gamble with some possible upside. UPDATE: It’s a major league deal, actually. Joel Sherman of the New York Post is hearing that it’ll be at the major league minimum, prorated, with lots of performance incentives.

Nathan has 377 saves with a 2.89 ERA and a 967/340 K/BB ratio over 917 innings in his 15-year career.