AP source: Cubs reach agreement with Nady

[January 27, 2010]  CHICAGO (AP) -- A person familiar with the negotiations says outfielder Xavier Nady and the Chicago Cubs have reached preliminary agreement on a one-year, $3.3 million contract.

The person spoke to The Associated Press on condition of anonymity Tuesday because the team had not yet announced the deal.

Nady's contract is contingent on him passing a physical. He underwent elbow reconstructive surgery for the second time in his career last July while with the New York Yankees. He played in only seven games.

Nady joins a Cubs outfield mix that includes Alfonso Soriano, Kosuke Fukudome and Marlon Byrd. Nady is a career .280 hitter with 87 homers in 679 major league games with the Padres, Mets, Pirates and Yankees.

In addition to the base salary, Nady could earn another $2.05 million in performance bonuses based on games played.

[Associated Press; By RICK GANO]

AP Sports Writer Ronald Blum contributed to this report.

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