News: Cubs sign 1B-OF Xavier Nady

In an update on Twitter, Heyman of SI.com says the Cubs will pay Nady $3.3 million, with $2 million worth of incentives based on games played.

Original Post at 1:20 pm:

The Cubs have reached a deal with free-agent OF-1B Xavier Nady, according to Tim Brown of Yahoo! Sports.

However, as Ken Rosenthal of FoxSports.com said, Nady’s physical will be crucial, as he is recovering from Tommy John surgery.

The 31–year-old Nady had season-ending Tommy John surgery last summer to repair his right elbow for the second time in his career.

In an interview with WFAN in November, SI.com’s Jon Heyman said, from what he understands, Nady will not be 100 percent healthy and ready for Opening Day.

However, Nady’s agent, Scott Boras told FoxSports.com last week that Nady is on schedule in his rehab and will be ready for Spring Training.