Skip to main content
Come Fan with UsSaturday, June 20, 2026

Cubs reportedly offer Jon Lester ‘north of $135 million’

Theo Epstein, Jed Hoyer and company appear to have set the market for the top-ranked free agent.

Jason Getz-USA TODAY Sports

The Chicago Cubs offered free-agent starter Jon Lester a long-term contract worth in excess of $135 million, according to CSN Chicago's David Kaplan (via Tony Andracki).

Lester has also drawn interest from the Red Sox, Giants, Braves and Cardinals, but none of those clubs has made a formal offer to the veteran left-hander. Boston and San Francisco are the two teams most likely to compete with Chicago's offer, per Kaplan. The Cubs, meanwhile, have money to spend and don't really need to do their homework to know what they'd be getting. Lester made his ascent through the minors while Theo Epstein, now the Cubs' president, was the general manager of the Red Sox.

After posting a 2.46 ERA in 219⅔ innings for the Red Sox and Athletics in 2014, Lester entered the offseason as the top-ranked free agent, according to SB Nation's Grant Brisbee. The 30-year-old Washington native owns a 3.58 ERA with 8.2 strikeouts per nine innings in nine major league seasons.

See More:

More in MLB

MLB
Oklahoma-Georgia gave us an incredible family moment at the Men’s College World SeriesOklahoma-Georgia gave us an incredible family moment at the Men’s College World Series
MLB

Kolby Branch’s final collegiate swing capped off a bittersweet night for the Branch family in Omaha

By Mark Schofield
MLB
Men’s College World Series 2026: Schedule, scores, and how to watchMen’s College World Series 2026: Schedule, scores, and how to watch
MLB

Here is everything you need to know about the 2026 Men’s College World Series, from the full schedule to how to watch

By Mark Schofield
MLB
Owen Hull and UNC knock off West Virginia to advance to the MCWS FinalsOwen Hull and UNC knock off West Virginia to advance to the MCWS Finals
MLB

UNC is headed to the Men’s College World Series Finals after knocking off West Virginia in Omaha

By Mark Schofield
MLB
Men’s College World Series: Joey Volchko dominates as Georgia knocks off TexasMen’s College World Series: Joey Volchko dominates as Georgia knocks off Texas
MLB

Georgia’s Joey Volchko was dominant as the Bulldogs knocked off Texas to open their MCWS

By Mark Schofield
MLB
Men’s College World Series: Gavin Gallaher, Colin Hynek deliver for UNC vs. Ole MissMen’s College World Series: Gavin Gallaher, Colin Hynek deliver for UNC vs. Ole Miss
MLB

Gavin Gallaher’s first career MCWS hit came at a perfect time for UNC against Ole Miss

By Mark Schofield
MLB
Men’s College World Series 2026: One key player for each teamMen’s College World Series 2026: One key player for each team
MLB

Here is one key player to watch on each team at the Men’s College World Series

By Mark Schofield