- Joined:
- Apr 17, 2010
- Posts:
- 10,038
- Liked Posts:
- 819
- Location:
- Peoria IL
Couple reporters reporting Deal be done today and conference be tomorrow to announce Theo has President
The Chicago Cubs and Boston Red Sox are finalizing a deal that would make Theo Epstein the Cubs' president of baseball operations at some point Thursday, according to a Major League Baseball source.
A source with knowledge of the negotiations said: "The two sides are on the 5-yard line."
MLB already has told the Cubs that they can have a news conference on Friday, according to a source with knowledge of the situation.
The Red Sox initially asked for Cubs starting pitcher Matt Garza, and at one point proposed the Cubs take pitcher John Lackey's contract as part of the compensation, according to a major league source. Lackey has three seasons remaining on a five-year, $82.5 million contract. He was 12-12 with a 6.41 ERA in 28 starts for the Red Sox in 2011.
But the expected agreement will include Cubs minor leaguers, although not top prospects Brett Jackson, Trey McNutt and Matt Szczur, the source said. Cash will not be part of the compensation.
Two other sources confirmed ESPNChicago.com's report that San Diego Padres general manager Jed Hoyer will be named Cubs GM a few days after Epstein's news conference. But Padres owner Jeff Moorad emailed ESPNBoston.com's Gordon Edes late Wednesday night that the Cubs had not asked for official permission to interview Hoyer.
Hoyer will be granted permission to leave when San Diego promotes senior vice president of baseball operations Josh Byrnes to vice president-general manager, a source said. Byrnes was GM of the Arizona Diamondbacks when Moorad was part-owner of the team. Sources said Moorad always had wanted Byrnes to return to the job, even though he respected Hoyer, who he hired in 2010.
There will be no compensation for Hoyer, a source said. Moorad and Cubs chairman Tom Ricketts have become friends since the Ricketts family bought the Cubs in October 2009. Ricketts was in San Diego on Sept. 28, which was the last day of the regular season, and did not return with the Cubs on the flight back to Chicago. Ricketts met with Moorad and sat with him, Byrnes and Hoyer during the season finale.
Byrnes and Hoyer worked with Epstein in Boston before moving to their next positions. Hoyer took over as Padres GM in 2010 after Kevin Towers was fired.
@nickcafardo
Nick Cafardo Just asked John Henry if Theo deal was close to being done. "No, not close," he responded.
@Ken_Rosenthal
Ken Rosenthal Source: Theo to #Cubs close, as first reported by Bruce Levine of ESPNChicago. Final details to be worked out, but that is it. #redsox
This was posted about 2 min before BOS reporter reported it not close. Could people get on the same damn info please
Nah, some of them just want to make shit up to piss you off :lol:
@SI_JonHeyman
Jon Heyman it has been determined jed hoyer will go to chicago with theo and be #cubs gm. not sure epstein trade finalized yet tho
Whats with all the love for Padre's GM Jed Hoyer...
have you guys seen the padres lately...they suck...just saying
Dont say " SD cant spend money speech"
Whats with all the love for Padre's GM Jed Hoyer...
have you guys seen the padres lately...they suck...just saying
Dont say " SD cant spend money speech"
Whats with all the love for Padre's GM Jed Hoyer...
have you guys seen the padres lately...they suck...just saying
Dont say " SD cant spend money speech"
The haul he got for Gonzo is enough reason to want him here.
Plus, from what I've read, he'll be bringing McLeod with him. This will be so fucking awesome. I'm so excited for our Three Headed Executive to take over.
So, they are hiring him to be team president despite the fact that his experience (and perceivably only worth) is as a GM. Then they are bringing in another GM, a "wiz kid" who in his limited time in San Diego didn't see a noted improvement in the farm system, was stupidly unable to trade Heath Bell, and gave away a superstar Adrian Gonzalez to the Red Sox for absolutely nothing. Obviously, we'll see how it turns out, but if I were a Cubs fan I wouldn't exactly be jumping for joy over this?