By Tim Polzer
December 14, 2012

UPDATE: Jon Heyman of is reporting that the Tigers and Anibal Sanchez have agreed on a a five-year, $80-million contract.

The Cubs are no longer bidding on free-agent right-hander Anibal Sanchez, according to a report by Jon Heyman of

Sanchez may re-sign with the Tigers, for an estimated $75 million over five years, but Heyman left open the chance that a third team is talking to the pitcher.

On Thursday, Sanchez reportedly had agreed to become a Cub, but later reports had him taking the Cubs' deal back to the Tigers to match or increase.

Sanchez, 28, had a 3.86 ERA and 1.27 WHIP in 195 1/2 inning for the Marlins and Tigers last season.

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