Jayson Stark of ESPN.com reports that Jon Lester's signing bonus with the Cubs is worth $30 million.
ESPN's Buster Olney reports that Jon Lester's deal with the Cubs includes a signing bonus of at least $20 million.
Jon Lester is signing with the Cubs for six years and $155 million, FOXSports.com's Ken Rosenthal and Yahoo Sports' Jeff Passan are reporting.
Andy Martino of the New York Daily News was told by major league sources that the Cubs are in "strong position" to land Jon Lester.
Chris Cotillo of MLBDailyDish.com reports that the "industry expectation" is that Jon Lester's contract will fall in the $155-160 million range.
Dylan Hernandez of the Los Angeles Times reports that the Dodgers are out of the bidding for Jon Lester.
Giants assistant general manager Bobby Evans told Eno Sarris of Fangraphs.com that Jon Lester will not be signing with his club.
ESPN's Buster Olney reports that Jon Lester's decision is "nearing the finish line."
Rob Bradford of WEEI.com reports that Jon Lester's agents are not at the stage to present their client with final offers from teams.
Giants assistant general manager Bobby Evans said Tuesday on SiriusXM that he believes his club is in the "back seat" for free agent starter Jon Lester.
According to FOX Sports' Ken Rosenthal, Jon Lester has four offers in the six-year, $150 million range.
Jon Heyman of CBS Sports reports that free agent Jon Lester has six- and seven-year offers in hand.
ESPN's Jerry Crasnick was told by a front office person Monday to "don't count out the Yankees" in a pursuit of Jon Lester.
According to FOX Sports' Ken Rosenthal, free agent Jon Lester is choosing between the Cubs and Giants.