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Dodgers Finalize Three-Year Contract With Ted Lilly

The Dodgers have made official the signing of starting Ted Lilly to a three-year contract, the team announced today. No financial terms were released.

Lilly, who turns 35 on January 4, was 10-12 with a 3.62 ERA with the Cubs and Dodgers this season. The Dodgers acquired Lilly from the Cubs in a trade deadline deal on July 31, and Lilly went 7-4 with a 3.52 ERA in 12 starts as a Dodger. "Ted helped stabilize our rotation both in terms of his pitching ability and his leadership," said general manager Ned Colletti. "He gave us everything we were looking for in a veteran pitcher down the stretch last season." 

Lilly made $12 million in 2010, in the final year of a four-year, $40 million contract he signed with the Cubs before the 2007 season.

Lilly was drafted by the Dodgers in the 23rd round in 1996, but before he could pitch for the big league club he was traded, in 1998, to the Montreal Expos, in a deal that brought, among others, Mark Grudzielanek and Carlos Perez to the Dodgers.

For more Dodgers news and information, be sure to read the SB Nation blog True Blue LA.