The deal is worth $38 million. The right-hander has a career 40-46 record with a 4.31 ERA in 130 games (113 starts).
The Cubs could potentially lose right-hander Jake Arrieta as a free agent this offseason, so signing Chatwood gives Chicago another bona fide starter. He struck out 120 batters in 147 2/3 innings and struggled with his control at times, walking 77 batters for a 4.7 walks-per-nine-innings rate.
Chatwood has had stark home-road splits while calling hitter-friendly Coors Field his home.
The Cubs signed Tyler Chatwood to a three-year deal. But when you look at his numbers away from Coors Field, he's not too much of a step down. The Angels selected him in the second round of the 2008 amateur draft.
Chatwood's best season was 2016 when he finished 12-9 with a 3.87 ERA in a career-high 27 starts with the Rockies, including an 8-1 mark and 1.69 ERA on the road.
Chatwood is tied with Nationals ace Stephen Strasburg for second in the National League in road ERA over the last two season with a 2.57 mark. He figures to slot into the rotation behind Jon Lester, Kyle Hendricks and Jose Quintana.
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