Major League Baseball

Garza, Cubs agree to 1-year, $9.5M deal

Published Feb. 3, 2012 12:00 a.m. ET

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Right-hander Matt Garza has agreed to a $9.5 million, one-year contract with the Chicago Cubs, just before the scheduled start of a salary arbitration hearing in St. Petersburg, Fla.

Friday's agreement was $725,000 below the midpoint between the $12.5 million the pitcher had asked for in arbitration last month and $7.95 million the Cubs had offered.

Garza was acquired from Tampa Bay in January 2011 and went 10-10 with a 3.32 ERA in his first season with the Cubs, when he made $5.95 million. He had a team-high 197 strikeouts in 198 innings.

The 28-year-old Garza is 52-54 with a 3.83 ERA in 152 career games over six seasons.

He can earn additional performance bonuses.

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