Found February 21, 2012 on The Outside Corner:
The commissioner's office has (finally) announced the compensation that the Boston Red Sox will receive from the Chicago Cubs in exchange for Theo Epstein, reports Paul Sullivan of the Chicago Tribune. The Cubs will reportedly be sending reliever Chris Carpenter to Boston. The teams will also be swapping players to be named later. Carpenter ranked sixth on the Cubs top ten prospects list prior to 2011 (according to Baseball America), but was unranked going into 2012. He spent the season with AA Tennessee, AAA Iowa, and got a brief taste of the majors in Chicago last season. At the two levels in the minors, he walked 27 and struck out 34 in 42 2/3 innings. During his time in the majors, Carpenter walked seven and struck out eight in 9 2/3 innings. He may be able to contribute in Boston's bullpen this season as a middle reliever after the free agent departure of Jonathan Papelbon, and the possible move of Daniel Bard to the starting rotation. The compensation is much lower ...

Red Sox, Cubs agree on compensation

Theo Epstein is famous for making trades. On Tuesday, he became part of one. Almost four months after Epstein left the Boston Red Sox to become president of baseball operations with the Chicago Cubs, the clubs agreed on compensation the Red Sox would receive for letting Epstein out of his contract: relief pitcher Chris Carpenter and a player to be named later. This isn't the...

Boston’s Epstein Compensation: No Big Deal

So far as Long National Nightmares go, the Theo Epstein Compensation Saga has been neither the longest nor most nightmare-y. However, in terms of handwringing and electronic ink spilt relative to notable developments, it’s been pretty formidable. And, in fact, despite reports of a resolution late this morning, the matter will remain curiously unresolved even after today. According...

Cubs eager to put new ways into practice

MESA, Ariz. -- Since the day the Chicago Cubs introduced Theo Epstein as their new president of baseball operations there's been ongoing discussion of the new "Cubs Way." The Cubs want a uniform approach, from Single-A to the majors. They want clear expectations of how things are done. They want a culture of hard work and focus to produce a culture of winning. But...

Red Sox acquire Chris Carpenter…not that one

Boston wanted compensation for Theo Epstein, make no mistake about it. They weren’t about to let the man who built their championship seasons walk away scot free. On the otherhand, the Cubs weren’t willing to give them quality, probably because they don’t ave much in the bank that you could describe as quality. After a few months of bickering, the terms have been hammered...

Cubs, Red Sox finalize Theo Epstein deal

GORDON WITTENMYER: What was so complicated about that? After four months, dozens of rumors, at least a few ornery exchanges and a final, decisive push from the commissioner’s office, the Cubs finally sent a player to the Boston Red Sox as compensation for Theo Epstein.

Epstein ruling imminent: report

The Boston Red Sox are close to finding out what Theo Epstein is worth, according to a report from ESPNBoston's Gordon Edes.

Cubs send Chris Carpenter to Red Sox in Theo Epstein deal

The Cubs today assigned right-handed pitcher Chris Carpenter and a player to be named to the Boston Red Sox for a player to be named. With the trade, the compensation for Theo Epstein joining the Cubs as the team’s president is complete. The transaction has been agreed upon by both clubs. “I am...

Cubs send Chris Carpenter to Red Sox for Theo Epstein

MESA, Ariz. — They couldn’t have done this three or four months ago? After nearly four months of sometimes angry, sometimes frustrating negotiations that needed a push from the commissioner, the Cubs sent hard-throwing relief prospect Chris Carpenter to the Boston Red Sox on Tuesday to settle the...

Cubs and Red Sox trade players to be named later, and Chris Carpenter

The Chicago Cubs today sent a player to be named later to the Boston Red Sox for a player to be named later.  Sounds spine tingling, the Cubs also through in pitcher Chris Carpenter. With this trade, compensation for Theo Epstein joining the Cubs as the team’s President is complete.  “I am relieved that this process is over and particularly pleased that the teams were able...

Red Sox get Chris Carpenter from Cubs; place Jenks on 60-day DL

The Boston Red Sox have acquired pitcher Chris Carpenter and a player to be named later from the Chicago Cubs in exchange for a player to be named later.

Chris Carpenter Brings Power Arm to Boston, Could Be Option Out of Red Sox Bullpen

FORT MYERS, Fla. – It lasted 50 days longer than Kim Kardashian's marriage to Kris Humphries. It lasted long enough for the Red Sox to lose their cornerstone closer and add another franchise closer. But after 122 days of negotiations, the Red Sox and Cubs settled the compensation issue surrounding Theo Epstein's exit. The Red Sox received Chris Carpenter -- no, not the...
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