Adding Chatwood boosts a rotation that will likely lose former Cy Young Award victor Jake Arrieta and veteran John Lackey. Factoring in ballpark and season, Chatwood still finished last season with an above-average ERA+ of 107, per Baseball Reference.
Last season, Chatwood was 8-15 with a 4.69 ERA in 33 appearances (25 starts) with the Rockies, tying for the most losses in the National League.
Chatwood, who turns 28 next week, is 40-46 with two saves.
The 27-year-old likely will be thrilled to leave Coors Field in his rear-view mirror, as he limped to a 3-8 record with a 6.01 ERA in 17 games in Denver last season. That stellar season came after he missed all of 2015 because of his second Tommy John surgery.
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Chatwood has signed as a free agent with the Chicago Cubs.
More runs were scored at Coors Field than any other park in 2017, per ESPN.
Since 2016, Chatwood is tied with Washington's Stephen Strasburg for the second-best road ERA in the NL at 2.57.
Chatwood will join Jon Lester, Kyle Hendricks, and Jose Quintana in the team's rotation. The Cubs will need him to provide consistency and plenty of quality starts in 2018, a tall order for someone who has always pitched from the middle to the back end of the rotation.