Found October 31, 2011 on The Flagrant Fan:
One of Theo Epstein and Jed Hoyer's first decisions leading the Chicago Cubs was picking up the one year option for Aramis Ramirez, the Cubs third baseman for the past nine years. The option was for over $16 million. And thus it was surprising when the Cubs did indeed pick up that option. Fangraphs did peg Ramirez's worth in the field at $16.2 million for his 2011 campaign. But his last three year average due to injuries and a downturn in his play comes in at just under $9 million a year. So what the heck were Epstein and Hoyer thinking? Turns out that they might have known just what they were doing. Ramirez had made it clear that it would take a multi-year contract from the Cubs for him to stay. And as reported here, had a contractual option to opt out of the option and forfeit the $2 million buyout as well. And that's exactly what Ramirez has done. The Cubs still have the option to offer him arbitration, which they most likely will do so that when Ramirez walks as a Ty...

Ramirez tells Cubs he'll become free agent, declines $16M option

Aramis Ramirez will officially file for free agency after telling the Cubs he will decline his part of the mutual $16 million option.

Cubs exercise $16 million option on 3B Ramirez

The Chicago Cubs have exercised their side of a $16 million mutual contract option on third baseman Aramis Ramirez.

Aramis Ramirez Makes Himself Available

In the wake of the offense's failure to produce as desired in the playoffs, one spot that everyone targeted as a potential upgrade was third base. Placido Polanco brings a high batting average and little else offensively, which meant that even Charlie Manuel was willing to suggest that the team look at other options at the hot corner. The biggest problem with any notion of making...

Not So Fast, Cubs Fans

Theo Epstein finally had a press conference today as General Manager of the maligned Chicago Cubs. Immediately, Cubs fans all over the country were scouring the internet trying to find a 2012 World Series champs t-shirt. No, not really. But I wouldn't have been surprised either.Who knows if Theo The Great will turn around the Cubbies? Just a brief view of their last few years...

McLeod gives Theo trusted eyes on prospects

Jason McLeod and Theo Epstein were fast friends when both were members of the Padres' front office. They worked together in Boston and were reunited this week when Epstein took over as the Cubs' president and McLeod joined him as the head of scouting and player development.

Cubs introduce Hoyer, McLeod at Wrigley

Jed Hoyer and Jason McLeod joined Theo Epstein in the Cubs' front office as the general manager and scouting and player development director, respectively. The two were formally introduced Tuesday at a news conference at Wrigley Field.

Cubs fans want to believe Theo is savior

(Eds: With AP Photos. Also moved in advance.) By DON BABWIN Associated Press To the list of the most famous figures in the long history of the Chicago Cubs - which to date include a beer-loving announcer best known for bellowing ''Take Me Out To The Ballgame,'' a goat that wasn't allowed into a game and a fan who bobbled a foul ball - we now can add the name Theo...

New Cubs GM Jed Hoyer has demonstrated the ability to put a team together since he was 13

New city, new team, new curse? Maybe. But in some of the most important ways, Jed Hoyer is stepping into familiar territory as he takes over the Cubs’ general manager role. If anything, Hoyer has been doing this GM thing at a pretty high level for almost 25 years — and back then without the help of the Internet...

Departure - Jason McLeod Leaves San Diego

In December of 2009 Jason McLeod left the Boston Red Sox, one of the top organizations in baseball, to follow his friend and former colleague Jed Hoyer, who had just accepted the general manager position in San Diego, to take over the Padres scouting and development apparatus.

Epstein: Decision on Quade within a week

Theo Epstein, the Cubs president of baseball operations, and new general manager Jed Hoyer met with manager Mike Quade for about six hours last week to discuss their vision for the team.

New Cubs GM doesn't sugarcoat situation

Hoyer realizes work to be done but is undauntedJed Hoyer doesn't have to worry about who will get the credit if the Cubs win the World Series under his watch.

Theo: Fate of Cubs' Quade to be decided soon

Chicago Cubs president of baseball operations Theo Epstein said Tuesday he expects a quick decision on the future of manager Mike Quade.
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