Cubs Agree To 4-Year, $52 Million Deal With RHP Edwin Jackson
The Chicago Cubs and pitcher Edwin Jackson agreed to terms on a four-year, $52 million deal, a source told ESPN’s Jim Bowden on Thursday.
Jackson, 29, was 10-11 with a 4.03 ERA in 31 starts and tossed 189.2 innings for the Washington Nationals in 2012.
The Nationals did not make a qualifying offer to Jackson, so they won’t get any draft-pick compensation should he leave.
Jackson’s deal includes an $8 million signing bonus with annual salaries of $11 million per year, according to a Cubs source.
The Cubs also signed right-handed pitcher Carlos Villanueva, who has agreed to a two-year contract, a major league source told ESPN. The deal is pending a physical.
Villanueva, 29, was 7-7 with a 4.16 ERA in 38 appearances with the Toronto Blue Jays in 2012, including 16 starts.
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