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Cubs win baseball lottery, sign Jon Lester

Report: Pitcher Jon Lester agrees to long-term deal with Chicago Cubs

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Jon Lester has agreed to a long-term contract with the Chicago Cubs according to multiple reports Tuesday night. Yahoo! Sports' Jeff Passan reports the deal is for six-years and $155 million, with the Red Sox coming up short with an offer in the area of $135 million.

Passan also reported the Giants were willing to go up to $168 million, which means the lefty opted against moving across the Bay in favor of taking less money to play for the Cubs.

Lester was traded last season by the Red Sox to the Athletics at midseason where the former ace went 6-4 with a 2.35 ERA in 11 starts.

Heading to Chicago means Lester reunites with former Rex Sox executives Theo Epstein and Jed Hoyer who now run the Cubs.

- Peter Bukowski

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