2:15pm: Coke’s deal will pay him $2.25MM if he makes the Major League club with the opportunity to earn up to $900K more via incentives, reports MLive.com’s Chris Iott (Twitter links). The incentives kick in beginning with his 35th appearance of the season, Iott adds.
9:08am: The Cubs have agreed to sign left-handed reliever Phil Coke to a minor league deal, Ken Rosenthal of FOX Sports reports (Twitter links). Coke turned down at least one MLB offer, per the report.
Coke, 32, will give Chicago another southpaw option to pair with Felix Doubront in the pen. Chicago somewhat surprisingly decided to non-tender Wesley Wright earlier in the offseason, leaving some uncertainty in the depth chart. There are other internal options as well, such as Zac Rosscup and Drake Britton.
In Coke, the Cubs have added a still-live arm with a history of underperforming his peripherals. With the Tigers last year, he worked to a 3.88 ERA with 6.4 K/9 against 3.1 BB/9 over 58 frames. Unsurprisingly, Coke was much more effective when he enjoyed the platoon advantage (.691 OPS) than when pitching to right-handed hitters (.871).