This is the December 13, 2012 news archive. View today's Cubs news and rumors.

Chicago Cubs News and Rumors

Cubs reportedly reach terms with Korean reliever

Zack Meisel, MLB.com

The Cubs have agreed to terms with South Korean reliever Chang-Yong Lim on a split contract worth up to $5 million, according to a report.

Andrew Simon, MLB.com

The Cubs were potentially moving in on one of the free-agent market's top arms on Thursday evening, with USA Today reporting the club had agreed to a five-year contract with right-hander Anibal Sanchez.