Via MLBTR (and many on Twitter), here is ESPN Deportes' Enrique Rojas' report that the Astros and reliever Jose Veras have agreed on a 1-year contract.
The details (according to Rojas):
2013: $1.85m guaranteed
2014: Team option for $3.25m with a $150,000 buyout.
Veras, 32, is arbitration-eligible in 2013 (well, not anymore), but will be a free agent in 2014. In 327 appearances in his seven-year career, Veras has a 4.01 career ERA, with a 1.36 WHIP. In his last three seasons, he has thrown 186IP, allowing 147H/77ER, with 16 HR allowed. Notably, he struck out 212 batters in those 186IP, walking 103 batters - that's over 10.0 K/9 in each of the last three seasons.
Read this piece to find out Veras sucks and so do the Astros.
This means that the Astros will have to make a roster move. Maybe Fernando Rodriguez? Maybe they double designate Mickey Storey for assignment?