Cubs agree with veteran OF Floyd on one-year deal

CHICAGO (TICKER) Cliff Floyd is headed back home.

The Chicago Cubs on Wednesday agreed to terms with the veteran outfielder on a one-year deal with a mutual option for 2008.

Financial terms were not disclosed, but ESPN 1000 radio reported that Floyd’s deal is worth $3 million.

A Chicago native and graduate of Thornwood High School, Floyd likely would serve as a fourth outfielder and power-hitting pinch hitter for the Cubs. The lefthanded slugger batted .244 with 11 homers and 44 RBI for the New York Mets last season before suffering an Achilles tendon injury.

The signing of Floyd would mark yet another move in an extremely busy offseason for the Cubs, who have spent more than $300 million while completely overhauling their roster for new manager Lou Piniella.

Along with re-signing third baseman Aramis Ramirez and righthander Kerry Wood, Chicago also has brought in a bevy of free agents, including superstar outfielder Alfonso Soriano, infielder Mark DeRosa and starters Ted Lilly and Jason Marquis.

Floyd enjoyed an outstanding season with the Mets in 2005, batting .273 with a career-high 34 homers and 98 RBI in 150 games, his first full season since his lone All-Star campaign in 2001.

In 1,423 career games with Montreal, Florida, Boston and the Mets, Floyd has batted .279 with 213 homers and 781 RBI.

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Updated Wednesday, Jan 24, 2007