CHICAGO (AP) -- The Chicago Cubs have announced a one-year contract with third baseman Ian Stewart.
Under the deal announced Monday, Stewart is guaranteed $2 million if he makes the opening-day roster and can earn another $500,000 in incentives. Acquired from Colorado last December, he batted .201 in 55 games and had season-ending left wrist surgery.
He became a free agent when the Cubs declined to tender him a 2013 contract.
To make room for Stewart on the 40-man roster, the Cubs designated pitcher Jeff Beliveau for assignment. They also announced a two-year minor league deal with Korean reliever Chang-Yong Lim. He has pitched 17 seasons in Korea and in Japan and is recovering from Tommy John ligament replacement surgery.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.