Don't make much of this, but it's worth taking note of(I guess). Jon Paul Morosi of Fox Sports says...

The Cubs, Dodgers and Cardinals are among the teams still monitoring the progress of left-hander Mark Mulder, one major league source said.

Mulder hasn’t remained healthy over a full season since 2005. He is 6-10 with a 7.73 ERA in only 23 games since then.
Link(Fox Sports)

All indications have been that he'll be signing with the rival Brewers, where Rick Peterson would be his pitching coach. Peterson was with Mulder in Oakland, when Mulder was one of the best pitchers in baseball.

If the Cubs are confident that he's healthy and could contend for the #5 spot, then sure, I suppose it's possible.

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