Report: Cubs Increase Offer Then Move On from Anibal Sanchez; Sanchez Re-Signs with Detroit

According to a report from Jon Heyman, the Cubs have moved on from the Anibal Sanchez derby. Ken Rosenthal reported early Friday morning that the Cubs had increased their offer to $77.5 million over five years.

The Cubs were not told they were out of the running but decided to move on just prior to reports that Sanchez re-signed with the Tigers for $80 million over five years.

The Cubs will reportedly continue to look for pitching.

From all indications Anibal Sanchez’s agent leaked the news of his client agreeing to terms with the Cubs on a five-year, $75 million deal to run up the price to Detroit. While the Cubs did not land another one of their targets, at least the front office showed they are willing to spend the money on a player they feel will contribute in 2013 and beyond.

According to multiple reports, Theo Epstein went to Miami on Thursday to meet with Sanchez face to face and made the bid.

The next few weeks should be very interesting. Stay Tuned …

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