Two-time NL Cy Young Award winner Tim Lincecum has signed a one-year deal with the Angels, the team announced Friday.

According to ESPN's Buster Olney and media reports, Lincecum's base salary will be just short of $2 million -- a prorated portion of a $2.5 million salary. He also has the ability to earn additional incentives in his contract.

The Chicago Cubs have signed veteran reliever Joe Nathan to a Major League contract.

The club has placed Nathan on the 60-day disabled list as he recovers from Tommy John surgery.

Nathan underwent the surgery last April.

Tim Lincecum has agreed to a contract with the Los Angeles Angels, according to a report.

The deal is pending a physical.

Lincecum recently auditioned for teams to show he is healthy. He hasn't pitched in the Major Leagues since last June.

The Texas Rangers have signed Kyle Lohse to a Minor League contract.

He can opt out of the contract on June 1 if he so chooses.

Lohse's base salary is $2 million and he can earn an additional $1.5 million through incentives.

The Miami Marlins have signed Joe Beimel to what is believed to be a Minor League contract.

Beimel, 39, will report to Spring Training to work himself make into Major League shape.

The left-hander auditioned for clubs last week.