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by Derek Smart
Somebody was going to take a flyer on Wade Miller, and it turns out that somebody is the Cubs. According to the club's official site, he's signed for one year at $1M, with an opportunity to make another million in incentives.
Would I have preferred that this deal looked a little more like what Ryan Dempster got in 2004 (a little less expenditure on the front end with a team option for the following season)? Sure. But methinks that's nitpicking.
This is a good signing, and classic Jim Hendry - taking on the relatively inexpensive risk of an injured pitcher in exchange for the upside that his healthy self would represent. Miller likely won't be available until May, but if he's throwing well at all it gives the team a lot of flexibility and some insurance mid-season, should they have a need for such a thing. There hasn't been a lot to be positive about of late, but Hendry gets kudos on this move.