The Cubs have signed right-hander Manny Corpas to a one-year deal, reports Bruce Levine of ESPN Chicago. Corpas underwent a physical today in Chicago and FOX Sports' Ken Rosenthal (Twitter link) reports the contract is a Major League deal.
Corpas underwent Tommy John surgery in September 2010 and missed the entire 2011 season while recovering, though the Rangers signed him to a minor league pact last April. Texas also offered Corpas a Major League contract this winter, according to CBSSports.com's Jon Heyman (via Twitter).
Corpas, 29, enjoyed a superb 2007 season and emerged as the Rockies' closer during the team's run to the National League pennant. Corpas' success led Colorado to sign him to a four-year, $8.025MM extension, but Corpas failed to maintain his good form, posting a 4.82 ERA, a 10.4 H/9 and a 6.2 K/9 over the next three seasons. The Rockies released him after the 2010 campaign, eating the $3.75MM remaining on Corpas' contract.