The contract, subject to a physical exam, could include other incentives.
Before being traded to the Dodgers, he had played his entire career with the Cubs since his debut in 2006.
He served as Chicago's closer, saving 72 games during the 2010-11 seasons, but lost the job in the second half of the 2012 season. For his career, Marmol is 23-32 with 117 saves in seven seasons.
Marmol is playing in the Caribbean Series here with Tigres del Licey of the Dominican Republic. He has retired all six batters he has faced in two appearances.