Down to the wire: Rangers acquire Dempster from Cubs at deadline

The Rangers acquired right-handed starter Ryan Dempster from the Chicago Cubs in exchange for two Minor League prospects minutes before today's non-waiver Trade Deadline.

Dempster, 35, has gone 5-5 with a 2.25 ERA in 16 games/starts for the Cubs this season. His 1.038 WHIP this season ranks 6th in the majors and 3rd in the National League.

This is the second deal with the Cubs today, after the Rangers acquired backup catcher Geovany Soto from Chicago this morning.

The Rangers will hold a press conference to discuss today's transactions at 4 p.m. CT. Watch it live on texasrangers.com.