The Red Sox announced that they will formally introduce Ryan Dempster at Fenway Park today. The Red Sox agreed to sign the free agent right-hander to a two-year, $26.5MM contract last week, Ken Rosenthal of FOX Sports reported (Twitter links). LSW Baseball represents Dempster.

Dempster, 35, posted a 3.38 ERA with 8.0 K/9, 2.7 BB/9 and a 43.5% ground ball rate in 173 innings for the Cubs and Rangers in 2012.

for more on this story: Ben Nicholson-Smith, MLB Trade Rumors