The Rangers have acquired Ryan Dempster to improve their starting rotation.
Texas and Chicago agreed to the deal just before Tuesday afternoon's deadline. The Braves and Dodgers were favored at points. Dempster approved the last-minute deal.
The Rangers originally selected Dempster in the third round of the 1995 First-Year Player Draft.
The Cubs will acquire to Class A players in the deal.
Via Buster Olney/ESPN (via Twitter)
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The Cubs decided not to trade Alfonso Soriano before the non-waiver deadline on Tuesday afternoon, according to a report.
However, Soriano would easily clear waivers and Chicago could move him in August.
Via Bob Nightengale/USA Today (via Twitter)
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The Tigers and Cubs are hard working on a trade for Alfonso Soriano with the minutes ticking away before the non-waiver trade deadline, according to a source.
The two sides are not sure they can make the financial aspect of the trade work.
Via David Kaplan/CSN Chicago (via Twitter)
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Ryan Dempster has informed the Cubs that he would approve a trade to the Yankees, according to a source.
Chicago has been trying to send Dempster to the Dodgers, but no agreement has been reached.
The Cubs have said that New York is interested in Dempster.
It has been reported by Bruce Levine of ESPN.com that Dempster would also approve a trade to the Rangers.
Via Jon Heyman/CBS Sports (via Twitter)
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The Blue Jays and Rangers had scouts watching Matt Garza throw a side session on Monday.
Garza has a triceps injury that has hurt his trade value.
The Cubs were shopping Garza before he suffered the injury.
Via Bruce Levine/ESPN (via Twitter)
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Cubs Jul 2012 Archive
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Joel Sherman/New York Post (via Twitter) | Jul 31, 2012
The Yankees are being very quiet about their reported interest in Ryan Dempster.
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Bob Nightengale/USA Today (via Twitter) | Jul 31, 2012
Chicago isn't believed to have any offers on the table for Alfonso Soriano.
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Jim Bowden/ESPN.com (via Twitter) | Jul 31, 2012
Los Angeles has longed coveted a starting pitcher and Ryan Dempster is known to prefer a deal to the Dodgers.
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Jon Heyman/CBS Sports (via Twitter) | Jul 31, 2012
Ryan Dempster's preferred destination remains the Dodgers.
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Bruce Levine/ESPN | Jul 31, 2012
In the sixth year of an eight-year, $136 million contract, Alfonso Soriano is still owed $44 million.
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Ken Rosenthal/FOX Sports | Jul 31, 2012
The Cubs are trying very hard to send Ryan Dempster to the Dodgers, but the two clubs remain at an impasse.
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Ken Rosenthal/FOX Sports | Jul 31, 2012
The Dodgers remain interested in Ryan Dempster, Shane Victorino and Alfonso Soriano.
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Associated Press | Jul 31, 2012
The Braves have acquired Paul Maholm and Reed Johnson from the Cubs in exchange for Arodys Vizcaino and Jayne Chapman.
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ESPN.com | Jul 31, 2012
The Rangers have acquired Geovany Soto from the Cubs for minor league pitcher Jake Brigham.
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New York Daily News | Jul 29, 2012
The Mets and Cubs have discussed Geovany Soto, but a deal is not likely between the two clubs, according to a source.
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Jon Heyman/CBS Sports | Jul 29, 2012
The timing of Matt Garza's triceps injury has clouded his value ahead of the July 31 non-waiver trade deadline.
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Danny Knobler/CBS Sports | Jul 29, 2012
Atlanta is still looking for a starting pitcher and recently lost out on potential target Zack Greinke.
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Bruce Levine/ESPN.com | Jul 28, 2012
The Dodgers are not the only team Ryan Dempster would accept a trade to this month, according to a source.
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Jon Heyman/CBS Sports | Jul 27, 2012
Negotiations between the Dodgers and Cubs on Ryan Dempster have stalled.
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Doug Padilla/ESPN.com | Jul 27, 2012
Matt Garza has been mentioned in a number of trade rumors this month.
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Jon Heyman/CBS Sports | Jul 27, 2012
The issue appears to be that the Dodgers don't want Ryan Dempster as much as the veteran wants to pitch for them.
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ESPN | Jul 25, 2012
Ryan Dempster reportedly has the Dodgers as his top choice with the Braves next on the list.
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Doug Padilla/ESPN.com | Jul 25, 2012
Ryan Dempster has yet to make a decision about his baseball future.
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Ken Rosenthal/FOX Sports | Jul 24, 2012
Ryan Dempster doesn't currently want to be traded to the Braves, according to sources.
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Associated Press | Jul 24, 2012
Despite reports that he has been traded to the Braves, Ryan Dempster is still a member of the Cubs.
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Pittsburgh Tribune-Review | Jul 24, 2012
The Pirates are reportedly interested in trading for Paul Maholm.
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Baltimore Sun | Jul 24, 2012
In the past few weeks, the Orioles have had talks about San Diego's Chase Headley, Philadelphia's Placido Polanco and Chicago's Bryan LaHair.
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Doug Padilla/ESPN.com | Jul 24, 2012
Matt Garza, who is dealing with triceps soreness in his right arm, is not expected to make his next scheduled start.
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Jon Paul Morosi/FOX Sports (via Twitter) | Jul 23, 2012
The Dodgers are looking to add before the deadline and have had discussions on Shane Victorino.
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Jon Heyman/CBS Sports (via Twitter) | Jul 23, 2012
Ryan Dempster has a 2.11 ERA this season in 98.0 innings of work.
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Associated Press | Jul 23, 2012
Barry Larkin and Ron Santo were inducted into the Baseball Hall of Fame in Cooperstown, New York on Sunday.
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Associated Press | Jul 22, 2012
The Cardinals tied a Major League record with seven doubles in an inning against the Cubs on Saturday.
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Bruce Levine/ESPN.com | Jul 22, 2012
The Dodgers have shifted their focus from Ryan Dempster to Matt Garza, according to multiple sources.
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Ken Rosenthal/FOX Sports (via Twitter) | Jul 21, 2012
Los Angeles would prefer not to trade their prospects for a rental player.
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Associated Press | Jul 21, 2012
After only four at-bats on Friday night against the Cardinals, Ryan Dempster's 33-inning scoreless streak was over.
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Nick Cafardo/Boston Globe (via Twitter) | Jul 20, 2012
The Red Sox are lagging behind a few other teams in the race to acquire Matt Garza from the Cubs, according to a source.
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Ken Rosenthal/FOX Sports | Jul 20, 2012
With Cole Hamels and Zack Greinke possibility coming off the market, the Cubs and Rays might be able to get more for Matt Garza and James Shields, respectively.
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Bruce Levine/ESPN.com | Jul 20, 2012
The Dodgers have made a trade proposal to the Cubs for right-hander Ryan Dempster, according to a source.
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Bruce Levine/ESPN.com | Jul 20, 2012
Chicago has been fielding calls for Ryan Dempster and Matt Garza ahead of the trade deadline and Paul Malholm is starting to draw interest.
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Ken Rosenthal/FOX Sports (via Twitter) | Jul 20, 2012
The Braves have only spoken to the Cubs about general scenarios involving a trade for Ryan Dempster, according to sources.
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CSN Chicago | Jul 20, 2012
The Cubs are not far enough along in their rebuilding process to make a major splash in free agency this winter.
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AP | Jul 19, 2012
The Cubs have acquired RHP Justin Germano from the Red Sox for cash.
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ESPN.com | Jul 19, 2012
The Dodgers have proposed a trade for Cubs starter Ryan Dempster.
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Ken Rosenthal/FOX Sports | Jul 18, 2012
The Cubs are trying to trade Ryan Dempster before his next start and he would prefer pitching for a contender, according to sources.
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Bruce Levine/ESPN.com | Jul 18, 2012
Carlos Zambrano was a member of the Cubs for 10 years before he stormed out last August and was traded in the offseason.
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Ken Rosenthal/FOX Sports | Jul 17, 2012
The Nationals are exploring other options for the pitching mound as Stephen Strasburg approaches his team-mandated innings limit.
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Danny Knobler/CBS Sports | Jul 17, 2012
Kansas City general manager Dayton Moore is looking to add a starting pitcher with an eye towards next season.
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Jayson Stark/ESPN.com (via Twitter) | Jul 17, 2012
Moving Ryan Dempster early would allow Chicago to shift focus towards the possibility of also moving Matt Garza.
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ESPN.com | Jul 17, 2012
A woman has been arrested in Chicago for allegedly stalking Cubs president of baseball operations Theo Epstein.
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MLB Trade Rumors | Jul 17, 2012
The Red Sox are within striking distance of the Wild Card in the American League and are interested in fortifying their starting rotation.
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USA Today | Jul 17, 2012
Ryan Dempster could re-sign with the Cubs this winter as a free agent.
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Doug Padilla/ESPN.com | Jul 16, 2012
Ozzie Guillen is prepared for a hostile return to Chicago this week as the Marlins visit the Cubs.
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Bruce Levine/ESPN.com | Jul 16, 2012
Matt Garza may have increased his trade value by pitching seven scoreless innings against the Diamondbacks on Sunday.
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Buster Olney/ESPN.com | Jul 15, 2012
Dealing Ryan Dempster now would allow the Cubs to then focus on Matt Garza later this month.
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Bruce Levine/ESPN.com | Jul 15, 2012
After another stellar start, Ryan Dempster could not avoid questions about his seemingly inevitable departure from the organization.
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Associated Press | Jul 14, 2012
Ryan Dempster leads the majors with a 1.86 ERA.
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Associated Press | Jul 14, 2012
The left-hander is 4-5 with a 3.44 ERA in 13 starts this season.
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Chris Cwik/CBS Sports | Jul 14, 2012
Chicago has prospects Brett Jackson and Josh Vitters ready to replace Reed Johnson and Jeff Baker.
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ESPN.com | Jul 13, 2012
Cubs third baseman Ian Stewart underwent wrist surgery during the All-Star break.
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Jon Heyman/CBS Sports | Jul 11, 2012
The Dodgers are talking to the Cubs about acquiring one of their two coveted starting pitchers, Ryan Dempster or Matt Garza, according to sources.
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Boston Herald | Jul 10, 2012
Ryan Sweeney will become expendable when Jacoby Ellsbury returns from the disabled list after the All-Star break.
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Chicago Tribune | Jul 10, 2012
The Cubs have reached an agreement with first-round pick Albert Almora, who received a $3.9 million signing bonus.
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Danny Knobler/CBS Sports | Jul 9, 2012
The Tigers have shown some interest in Chicago's Matt Garza, but those within the organization are suggesting that a deal is unlikely.
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Associated Press | Jul 9, 2012
The lengthy string of zeros is most for a Cubs starter since Ken Holtzman went 27 innings in 1971.
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Chicago Tribune | Jul 7, 2012
Ryan Dempster will return from injury to pitch on Sunday in Chicago's final game of the first half.
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Jon Paul Morosi/FOX Sports (via Twitter) | Jul 6, 2012
The Cubs recently scouted Detroit's prospects at Erie.
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Ken Rosenthal/FOX Sports | Jul 2, 2012
Matt Garza is under control through the 2013 season and could bring draft-pick compensation to a new team.
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