UPDATE 4:15 PM EST: Evan Grant of the Dallas Morning News reports that the Cubs have not acquired two pitching prospects, as earlier reported, but third base prospect Christian Villanueva and pitcher Kyle Hendricks from the Ranges.
Sources: Rangers send 3B Christian Villanueva and RHP Kyle Hendricks to Cubs for Dempster.— Evan Grant (@Evan_P_Grant) July 31, 2012
UPDATE 4:10 PM EST: According to Ken Rosenthal of FOX Sports, two low-level pitching prospects will be sent to the Cubs in return for Dempster.
Original Story: And finally, it appears we've reached a conclusion to the Ryan Dempster saga. The Texas Rangers have acquired the veteran starting pitcher from the Chicago Cubs just minutes before this year's trade deadline, according to ESPN's Buster Olney.
A bit over a week ago, it appeared that the Cubs were trading Dempster to the Atlanta Braves, but the veteran pitcher exercised his no-trade clause to prevent the trade's completion. He insisted all along that Los Angeles is where he wanted to play, but the Cubs ultimately couldn't work out a deal with the Dodgers.
Once it become increasingly obvious that the Cubs and Dodgers were never going to reach an agreement, Dempster reportedly alerted Chicago's front office that he'd accept trades to the New York Yankees and the Rangers in addition to L.A. Now, it appears that the Rangers have acquired their second player from Chicago during the deadline after landing Geovany Soto earlier.