Phillies Sign Rodrigo Lopez

12:25pm: Lopez will receive $1MM plus incentives if he's on the big league roster, reports Jim Salisbury of (on Twitter).

12:03pm: The Phillies have signed Rodrigo Lopez to a minor league contract with an invitation to Spring Training, reports Fernando Ballesteros at the Mexican baseball magazine Puro BĂ©isbol. The right-hander confirmed the agreement to Juan Santana at the TV station Canal 3 in Mexico. Nick Collias provided the translation.

Lopez, 37, is a MVP Sports Group client. He appeared in four games with the Cubs last season but spent most of the year in Triple-A, where he posted a 5.28 ERA with 6.8 K/9 and 3.2 BB/9 in 73 1/3 innings. Lopez made 16 starts and threw 97 2/3 innings for the Cubs in 2011. He'll give the Phillies some veteran Triple-A depth behind a workhorse rotation led by Roy Halladay, Cliff Lee, Cole Hamels, and John Lannan.

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