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Chicago Cubs, Drew Smyly reach 1-year contract

The Chicago Cubs have agreed with left-hander Drew Smyly on a one-year contract, the team announced Saturday.

The deal is worth $5.25 million and Smyly could earn another $2.5 million in bonuses, a source told ESPN's Jesse Rogers.

The Cubs also announced one-year agreements with infielder Jonathan Villar and left-hander Daniel Norris. The Smyly and Villar deals include mutual options for the 2023 season.

Smyly, 32, won a World Series with the Atlanta Braves last season, when he went 11-4 with a 4.48 ERA in 29 appearances (23 starts).