According to ESPN Radio. I haven't heard any word on the number of years or the amount of money involved, but I'll update this FanPost once I have that information.
Assuming this detail is something like 3/$36M, I say the Cubs got a steal. Bradley was clearly one of the most underrated free agents this winter.
It will be interesting to see how this affects the market for Dunn and Ramirez.
The Cubs certainly acted fast. Everyone knew they wanted to move Jason Marquis so they could free up salary to make this move. I just didn't expect the two events to happen within literally minutes of one another.
UPDATE: According to the Chicago Comcast branch, the deal is done but not yet official.