Posted: Fri December 27, 2013 6:08PM; Updated: Fri December 27, 2013 6:08PM

Jose Veras agrees to one-year contract with Chicago Cubs

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Jose Veras
Jose Veras recorded 19 saves with the Astros and two saves with the Tigers last season.
Jamie Squire/Getty Images Sport

CHICAGO (AP) -- The Chicago Cubs say they have agreed to a one-year contract with reliever Jose Veras that includes a club option for 2015.

The deal was announced on Friday.

Veras is due $3.85 million next season, and the Cubs have a $5.5 million option for 2015 with a $150,000 buyout. He can make an additional $750,000 annually in performance bonuses based on games finished.

Veras was 0-5 with a 3.02 ERA in 67 games last season for the Houston Astros and Detroit Tigers, who acquired him on July 29.

Detroit declined a $4 million option on Veras in November and opted to pay a $150,000 buyout.

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