Found October 21, 2011 on
In a joint statement by the Chicago Cubs and the Boston Red Sox, the teams have announced that Theo Epstein has resigned from the Red Sox organization and has been named as the President of Baseball Operations for the Chicago Cubs.
The sides have also come to an agreement for the compensation, but the exact details are unknown at this time. The official announcement will come on Tuesday, October 25.
Image by zoonabar under the Creative Commons License.
BEST OF MAXIM
AROUND THE WEB
The Theo Epstein saga dragged into Friday with conflicting information on the status of talks between the Boston Red Sox and Chicago Cubs.
It appears the Cubs finally got their boy. Multiple sources are reporting that Theo Epstein will be leaving his role as the General Manager of the Red Sox and joining the Cubs to be the President of Baseball Operations. The announcement should come at some point today, while the World Series has a day off for travel. This deal has been stuck in neutral for nearly two weeks while...
Theo Epstein is joining the Chicago Cubs as president of baseball operations. The 37-year-old Epstein resigned from the Boston Red Sox on Friday night with a year remaining on his contract as general manager to run a team that has gone 103 years without a World Series championship.
So it's come to this.Apparently Boston Red Sox owner John Henry got mad and is further delaying the Theo Epstein to the Cubs deal because of "premature media reports"?
Sit back and put yourself in the shoes of a Boston Red Sox owner.Your team gags at the end of the season and doesn't even get in the playoffs - the biggest slow motion choke in the history of baseball...
Theo Epstein is joining the Chicago Cubs as president of baseball operations.
The Cubs and Red Sox reportedly are closer to a deal to allow Theo Epstein to join Chicago and could announce it as early as Friday, though that remained uncertain.
Pete Abraham of the Globe reports that Theo Epstein has resigned. There will be a press conference on Tuesday."President of Baseball Operations" -- a nice title. Goodbye and good luck, Theo! Thanks for finally getting the trophy(s) home.
ESPN is reporting that the compensation talks for Theo Epstein are basically done, and that Epstein will become the President of the Cubs. In tandem with that Jed Hoyer will leave San Diego after just two years (and a trade of their fan favorite to his new boss!) to become the GM in Chicago. Josh Byrnes, another former Epstein lieutenant will ascend to the GM role out west in place...
A few random Red Sox observations as we await the transition from Theo Epstein to Ben Cherington, which will signal...
The bottom line is that neither side can believe the issue of compensation for Theo Epstein has taken this long.
I have not weighed in so far on the whole Theo Epstein to the Cubs situation. The reason for this is that the deal is not done yet despite being reported as “done” by Steve Buckley (among others) over a week ago. Additionally there is just no concrete sense as to what the compensation package will be so I really haven’t wanted to waste my time (or yours) on a bunch of red...
The Cubs and Red Sox released a joint statement Friday regarding Theo Epstein: