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Joel Peralta to Cubs: Latest Contract Details, Comments and Reaction

The Chicago Cubs made a move to bolster their bullpen depth Thursday, when they agreed to terms on a minor league deal with 40-year-old Joel Peralta.

Fox Sports' Ken Rosenthal first reported Peralta is headed to the Windy City. The 12-year veteran's stint with the club will begin with the Triple-A Iowa Cubs. The Chicago Tribune's Paul Sullivan confirmed the news.

The Los Angeles Dodgers declined Peralta's $2.5 million option for the 2016 season, but the Seattle Mariners inked him to a minor league deal that included an invitation to spring training.