ESPN is reporting that the Cubs and free agent Ryan Dempster have agreed on a 4 year 52m dollar contract, with an option for a fifth year. Dempster was in the Cubs rotation this year after serving as their closer from 2005-2007.

Dempster went an impressive 17-6 with a 2.96 ERA in 2007.

I see a bit of risk in this move for the Cubs, as this was only Dempster’s first year starting in four years. He was very impressive this year, but I’m not sure I can see him going 17-6 with a sub 3 era again.

In other news..

The NYPost is reporting that the Yankees are in serious pursuit of free agent fireballer AJ Burnett, and could offer him a deal in the 5 yr 80m dollar range.

Burnett went 18-10 with a 4.07 ERA for the Blue Jays in 2008.

Burnett is really intriguing, but if we go after KRod I feel that the price tag will be too high.

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