What happened: The Chicago Cubs reached an agreement to retain right-handed pitcher Gabe Klobosits on a minor-league contract. The 31-year-old remains with the organization heading into the winter offseason.

Why it matters: The signing bolsters Chicago's upper-minors pitching depth ahead of spring camp without occupying a 40-man roster spot. Retaining experienced arms provides the Cubs with non-roster bullpen depth capable of stepping into midseason roles.

What to watch: Klobosits will compete for an invitation to big-league camp when pitchers report to spring training.