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Lilly, Cubs agree to four-year, $40 million contract

Updated: December 8, 2006, 12:44 AM ET
ESPN.com news services

Lilly

LAKE BUENA VISTA, Fla. -- Free agent pitcher Ted Lilly, who earlier in the day ruled out returning to Toronto, reached a preliminary agreement Wednesday night on a $40 million, four-year contract with the Chicago Cubs.

"He's a Cub and wants to be part of getting them back to the World Series," agent Larry O'Brien said.

The deal was contingent on Lilly passing a physical, the team said.

"We are looking for starting pitching," new Cubs manager Lou Piniella said earlier ...

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