In a significant offseason move, the Chicago Cubs have signed veteran left-handed pitcher Matthew Boyd to a two-year contract valued at $29 million, as confirmed by a source familiar with the discussions.
The agreement is contingent upon Boyd successfully passing a physical examination.
Boyd, who is 33 years old, has the opportunity to earn an additional $1 million through performance incentives over the duration of the contract.
This addition to the Cubs’ roster was initially reported by the New York Post.
After overcoming Tommy John surgery, Boyd showed promising form this past season, achieving a record of 2-2 with a 2.72 ERA across eight starts for the Cleveland Guardians.
He also contributed to the team’s postseason efforts, making three starts and allowing only one run while striking out 14 batters over 11? innings, showcasing his capabilities on the big stage.
Boyd joined the Guardians in June and made a strong return to action, notably pitching 5? innings of one-run ball against the Cubs during his season debut on August 13.
With Boyd’s arrival, the Cubs’ starting rotation, which already includes Justin Steele, Shota Imanaga, and Jameson Taillon, looks to become even more competitive.
Over the past two seasons, the Cubs have secured second place in the National League Central, finishing with a record of 83-79 each year.