Jon Lester is headed to the North Side, Ken Rosenthal reports:

Sources: Lester to #Cubs.

— Ken Rosenthal (@Ken_Rosenthal) December 10, 2014

Jeff Passan has the details:

Jon Lester signs with the Chicago Cubs for six years and $155 million. The full, detailed story at Yahoo Sports: http://t.co/1MJM1CFi71

— Jeff Passan (@JeffPassan) December 10, 2014

Passan says the Red Sox offered “just” $135 million, and Rosenthal says the Red Sox “kind of blew it” by repeatedly low-balling Lester. (Joel Sherman said the Giants went six years $150 million.)

Earlier posts:

Let’s start the Tuesday evening Jon Lester thread with a little news from the Giants:

Bobby Evans: “we did not receive a rose” and Giants eliminated from race for Lester.

— Eno Sarris (@enosarris) December 10, 2014

That’s all the latest news, presumably leaving the Cubs and Red Sox. Or some other team. And there are more meetings coming:

.@Jim_Duquette reporting the #Cubs are leading the Jon Lester sweepstakes but “the Cubs and #RedSox are meeting Lester tonight” — MLB Network Radio (@MLBNetworkRadio) December 10, 2014

Are these meetings to finalize the deal – or to let them know what was decided?

Lester seems to be handling things well:

lester calls giants to tell them he’s not coming to SF. class act to make the call imo. http://t.co/qN8zadTLTd

— Jon Heyman (@JonHeymanCBS) December 10, 2014

He could have let the agent do it – or let them hear via the Twitter machine. Good job. Update (10:10 p.m.): The Dodgers are out:

Jon Lester is no longer considering the Los Angeles Dodgers. It’s a two team race. #Cubs #RedSox — David Kaplan (@thekapman) December 10, 2014

Update (10:20 p.m.): The money is on the Cubs, which means nothing:

Industry expectation all day has been #Cubs for Lester. But you can’t count out those #RedSox, who are reportedly still in the running.

— Chris Cotillo (@ChrisCotillo) December 10, 2014

And how much money is that?

People within industry believe Lester price will fall within $155-$160M range. — Chris Cotillo (@ChrisCotillo) December 10, 2014

Update (10:30 p.m.): The Cubs reportedly don’t know what’s up:

#Cubs have yet to be told either way if they are winner or out on Lester. That suggests Lester still mulling late in process #Redsox

— Joel Sherman (@Joelsherman1) December 10, 2014

Update (10:35 p.m.): We might be here into tomorrow:

From reporting, really like #Cubs chances on Lester. But as of moment, they are thinking there is a chance decision waits until tomorrow. — Andy Martino (@MartinoNYDN) December 10, 2014

Update (11:45 p.m.): This one seems sketchy:

Breaking: Red Sox and Cubs agree to split custody of Jon Lester. Lester will pitch for Sox Monday through Wednesday and every other weekend.

— Tyler (@BayareaSoxfan) December 10, 2014