AP source: Cubs, Schierholtz nearing agreement
The person, speaking Wednesday on the condition of anonymity because the deal had not been finalized, confirmed reports by several media outlets. Schierholtz can earn an additional $500,000 in performance bonuses.
Schierholtz was traded from San Francisco to Philadelphia last season in the deal that sent Hunter Pence to the Giants at the July 31 non-waiver deadline. He batted .257 with six homers in 114 games overall this year and is a .270 career hitter in six seasons.
The Phillies declined to tender Schierholtz a 2013 contract offer before last Friday's deadline, making him a free agent.
Copyright 2012 by The Associated Press
This story is from ESPN.com's automated news wire. Wire index
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