The Atlanta Braves announced today that they have signed veteran starting pitcher Gavin Floyd to a one-year deal worth $4 million with incentives pushing the potential value of the contract to $4.5 million.
The Braves finalized the deal after Floyd passed his physical on Monday. The former White Sox right-hander is recovering from Tommy John surgery and could see action with the Braves as soon as next May.
Floyd, 30, is hoping to help fill the void left when Tim Hudson signed with the San Franciso Giants earlier in the fall. He had averaged nearly 200 innings pitched since 2008 until being sidelined last April with elbow soreness.
The Philidelphia Phillies drafted the 6'6" Floyd in the first round of the 2001 amateur draft. After a few brief stints in the majors with the Phillies, Floyd was traded in December 2006, along with Gio Gonzalez, to the Chicago White Sox for Freddy Garcia.
Floyd won 63 games over seven seasons with the White Sox, posting a 4.22 ERA with 828 strikeouts.
After signing Floyd, the Braves appear unlikely to pursue other big ticket free agent pitchers, such as David Price, due to their enormous price tag. With the uncertainty surrounding Brandon Beachy's health the Braves hope Floyd can rebound from his surgery soon and become a viable member of the Braves young staff.
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