Cubs To Sign Ian Stewart

4:24pm: The deal is non-guaranteed, a source tells Paul Sullivan of the Chicago Tribune.  The Cubs will be off the hook for the $2MM deal if he is released in spring training.

3:32pm: The Cubs are set to re-sign third baseman Ian Stewart, sources tell Jerry Crasnick of ESPN.com (via Twitter).  It's a one-year, $2MM deal for the Reynolds Sports Management client, tweets Bob Nightengale of USA Today.  The deal also includes $500K of incentives.

The 27-year-old is said to be back to full health after playing with a broken bone in his wrist for the last two years.  During that stretch, Stewart has had a .183/.272/.289 slash line with five home runs in 338  total plate appearances.  Before the injury, Stewart owned a career .245/.332/.451 slash line in four seasons with the Rockies.

The Cubs non-tendered Stewart earlier this month as he was set to earn $2.3MM in arbitration.  Stewart picked up varying degrees of interest from other clubs in the last week including the Marlins.