Braves, Floyd agree to a one-year, incentive-laden contract

If Gavin Floyd makes a successful recovery from  elbow reconstruction surgery, he could provide the depth the Braves have been looking to add to their starting rotation.

A source familiar with the situation confirmed Floyd and the Braves have reached agreement on a one-year, $4.5 million contract that an additional $4.5 million in incentives.  ESPN’s Jerry Crasnick first reported the terms of the agreement.

Floyd made just five starts for the White Sox before undergoing Tommy John surgery on  May 6. During the procedure, Dr. David Altchek reconstructed the 30-year-old hurler’s right elbow by repairing a torn ulnar collateral ligament and torn flexor tendon.

Because both the tendon and ligament were repaired, there is a chance Floyd could need more than the 12-month rehab schedule starting pitchers often experience after undergoing Tommy John surgery.

Floyd has gone 69-69 with a 4.38 ERA in the 186 Major League starts he has made since the Phillies selected him with the fourth overall selection in the 2001 First-Year Player Draft.   The White Sox acquired Floyd and Gio Gonzalez in exchange for Freddy Garcia on Dec. 6, 2006.

After producing a 5.89 ERA in the 29 starts he made from 2004-07, Floyd displayed his promise, going 17-8 with a 3.84 ERA in 33 starts during the 2008 season.  But the 30-year-old right-hander  has compiled a 4.22 ERA in the 125 starts he has made over the five seasons that have followed.

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