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The White Sox signed Perez to a one-year, $3.5 million contract Wednesday, Jon Heyman of the New York Post reports.

The deal includes a $10 million mutual option or $1.5 million buyout for 2026, so Perez is guaranteed at least $5 million. Perez split his 2024 season between the Pirates and Padres, collecting a 4.53 ERA, 1.48 WHIP and 107:49 K:BB across 135 innings covering 26 starts. The 33-year-old left-hander should open the season in Chicago's rotation but will have limited fantasy appeal.

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