While the two sides are nearing a pact, the deal has yet to be finalized and terms are unknown.
The news comes just a day after a report from Eduardo Encima of the Baltimore Sun noted that Floyd was on the verge of a deal with an unknown team.
Floyd underwent Tommy John surgery in May, and thus missed a majority of the 2013 season. Prior to him being hurt, Floyd had a 5.18 ERA in 5 starts. A career 4.48 ERA pitcher, Floyd, 30, has spent 10 seasons in the big leagues, first with the Philadelphia Phillies followed by a seven year stint with the Chicago White Sox. Since becoming a full-time starter in 2008, he has accrued a 16.3 WAR, 107 ERA+, and a SO/BB rate of 2.54.
The Braves' rotation already appears set with Mike Minor, Kris Medlen, Julio Teheran, Brandon Beachy, and Alex Wood, but Floyd could serve as added depth in case of an injury. It also seems unlikely that he will be fully recovered from surgery by the beginning of the season, meaning he could be useful were Beachy to prove rusty following an injury of his own, or if Wood is shut down early to preserve his arm.
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