The Chicago Cubs officially signed lefthander Gerardo Concepcion to a five-year deal.
The deal is worth a total of $6 million - with $3 million coming via a signing bonus, the Chicago Tribune reported. The initial contract was reported last month, but the details were finalized on Sunday.
"He's a 20-year-old left-hander, a really good feel for pitching, a three-pitch mix," Cubs general manager Jed Hoyer said. "He's had success at a young age in Cuba and a guy we're excited to bring over here and work with."
Concepcion was named the rookie of the year in Cuba's Serie Nacional last season. He logged a 3.36 ERA with 53 strikeouts and 43 walks.
Not an overpowering pitcher, Concepcion throws a fastball in the low-90s and possesses a sharp curveball and good changeup.