Cubs agree to $4.2M deal with closer Kevin Gregg

Updated: January 19, 2009, 1:00 PM ET
Associated Press

CHICAGO -- Closer Kevin Gregg and the Chicago Cubs agreed Monday to a $4.2 million, one-year contract that avoided salary arbitration.

The Cubs acquired the 30-year-old right-hander from the Florida Marlins last November for right-hander Jose Ceda, then said the following day that they wouldn't attempt to re-sign Kerry Wood, who then agreed to a $20.5 million, two-year deal with Cleveland.

Gregg was 7-8 with 29 saves and a 3.41 ERA in 72 appearances last season for the Florida Marlins. He made a team-high $2.5 million.

Copyright 2009 by The Associated Press

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