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Former Red Bako signs 1-year deal with Cubs
Saturday, January 31, 2009
Free-agent catcher Paul Bako and the Chicago Cubs agreed Friday to a one-year contract worth $725,000. The 36-year-old, who previously played for the Cubs, spent last year with Cincinnati — his 10th team in 11 seasons — and batted .217
• Left-hander Paul Maholm avoided an arbitration hearing by agreeing to a $14.5 million, three-year contract with the Pirates.
• The Red Sox reached a preliminary agreement with catcher and team captain Jason Varitek that pays him half as much in 2009 as he made last season: a guaranteed $5 million and a player option of $3 million or a team option of $5 million for 2010.
