The striker has been more or less banished to Wolves reserves team by Mick McCarthy and faced an uncertain future at Molineux before Chris Coleman made a long protracted move for the Basildon Boy, who qualifies for Wales via his Grandmother.
Said Eastwood at a press conference this morning before he left to get the coach to Luton Airport:"Obviously I was disappointed with the way it turned out at Wolves.
"I thought I played really well but not getting a place on a regular basis is the reason why I left.
"It's good to be coming to a club like Coventry with management that has ambition. I can't wait for the season to start and looking forward to going out to Switzerland, meeting the lads and getting going."
Chris Coleman said: "I've been chasing Freddy for the last three months on and off. Now the deal is done, we are really delighted to have a quality player, it's been well worth the wait. "We have a Welsh international, a number nine, who's there on merit and is a player who scores goals, goes at defenders and is the ideal one for our system."