Ryan Dempster Trade: Chicago Cubs Send SP To Rangers In Last-Minute Deal

The Chicago Cubs traded Ryan Dempster to the Texas Rangers on Tuesday afternoon -- just moments before the 3:00 p.m. CDT trade deadline -- in a multi-player deal, according to a report by Buster Olney of ESPN:

The 35-year-old veteran pitcher was enjoying a career year with the Cubs. He produced a 2.25 ERA and 3.40 FIP over 104 innings with the Cubs in 2012, but was on the block because Chicago dropped out of the playoff picture very early in the season.

Dempster is in the final year of his current contract and was almost dealt to the Atlanta Braves earlier in July, but his 10-and-5 no-trade rights came into play and that deal fell through. Los Angeles was believed to be Dempster's preferred landing spot all along.

For updates, stay tuned to SB Nation Chicago. For more comprehensive coverage, visit Cubs blog Bleed Cubbie Blue. For more MLB coverage, check out Baseball Nation as well as MLB Daily Dish.

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