[UPDATE @ 12:15 PM] The Chicago Sun-Times reports that the deal is done. Gordon Whittenmyer says the deal is for 4 years and AT LEAST $52 million.
The Cubs have reached agreement on a multiyear contract with free agent pitcher Ryan Dempster, and the two-time All-Star is expected to sign the deal today, according to multiple sources.
It’s expected to be a four-year deal worth at least $52 million.
As Colin Wyers pointed out in the comments here, $52 million is a pretty good contract for the Cubs.
Here’s where it gets tricky. If Demp is 3 WAR in 2009, then 2.5 WAR at $5.32 is $13 mil.
So, running it down, roughly:
$16
$13
$12
$10Or $51 million. So I was a little off - it’s probably a fair-rate deal (which is still a discount, because teams overpay for pitching wins).
According to Ken Rosenthal, the Cubs are closing in on re-signing Dempster to 4 years and about $50 million.
The Cubs, moving to address one of their off-season priorities, are close to re-signing free-agent right-hander Ryan Dempster to a four- year contract, according to major-league sources.
Rosenthal adds that signing Dempster does not make the Cubs less likely to pursue Jake Peavy or Randy Johnson.
The deal will be worth slightly more than $50 million, sources said.
The return of Dempster would not necessarily make the Cubs less likely to trade for Padres right-hander Jake Peavy, sign free-agent lefty Randy Johnson or pursue any other player.
Rosenthal also says that Zell intends to have the Cubs sold before Christmas.


1. (JavaScript must be enabled to view this email address) (view all comments) — Nov 18, 2008 @ 12:03 PM
I think people would be amazed at just how much Marquis sucks. It’s something worth looking at.
Off the cuff: Theriot would be -7 on defense and -8 on offense. (That’s relative to average, position for defense and league for offense - doing a full WAR I’d do some other adjustments, but since I’m just comparing him to Furcal - another shortstop - I can live with it.) Furcal is +2 on defense and 0 on offense. So that’s about +17 runs for Furcal or roughly 1.5 wins. Not bad.
As for Marquis/Johnson, I’ll try to get around to that.