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Cubs finalize contract with RHP Edwin Jackson
Edwin Jackson - S - Chicago Cubs
Jan. 2, 2013 - 12:45 PM ET

Cubs signed RHP Edwin Jackson to a four-year, $52 million contract.

The two sides reached an agreement two weeks ago, but an official announcement was delayed until after the holidays. Jackson had to settle for a one-year, $11 million deal with the Nationals last offseason, but he has finally found his big payday. The 29-year-old right-hander owns a solid 3.98 ERA over the past four seasons and should continue to be useful as a mid-rotation starter in Chicago.