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Starting Pitcher: Five Years of A.J. Burnett?

by Matthew Cerrone on November 18th, 2008 at 1:30 pm

Last week, the Cubs offered free-agent Ryan Dempster a four-year deal worth roughly $40 million, which he turned down, according to Ken Rosenthal of FoxSports.com.

Today, at FoxSports.com, Rosenthal reports the two sides are discussing a new four-year deal, ‘now worth slightly more than $50 million.’

Similarly, at SI.com, Jon Heyman says the Cubs and Dempster are making progress in talks to keep the pitcher in Chicago.

Meanwhile, the Blue Jays are preparing a similar four-year, $54 million deal for free-agent A.J. Burnett, reports MLB.com.

However, the Yankees are prepared to offer Burnett a five-year deal, worth roughly $80 million, according to George King in the New York Post.

King also reports the Yankees may soon offer a contract to free-agent Derek Lowe, who will draw interest from the Dodgers, Red Sox, Mets, and Rangers as well.

Update1:45 pm

According to Dan Graziano of the Star Ledger, the Cubs and Dempster have agreed to a four-year, $52 million deal.