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Sox, Cubs to talk Theo compensation today

Oct 13, 2011, 10:00 AM EDT

Theo Epstein

John Dennis of WEEI reports that the Red Sox and Cubs will start talks regarding compensation for Theo Epstein today. As reported earlier, it’s likely to involve either non-prospecty minor leaguers or cash, with some suggesting yesterday that the Sox would just prefer the cash.

I wish I could listen in on those negotiations.  I’d want to know if, in light of the Sox’ front office totally throwing Theo and everyone under the bus yesterday, the Cubs took the bold position of saying something like “from what we can tell we’re doing you a favor. You give us something.”

  1. bloodysock - Oct 13, 2011 at 10:13 AM

    Forget the ‘non-prospecty minor leaguers’. The Sox will take some Popeye’s, Corrs Light and xBox console bundles in return.

  2. aleskel - Oct 13, 2011 at 10:47 AM

    I’m betting this ends up like the famous Dave Winfield-for-a-hot-dinner trade (per Wiki):

    “During the 1994 baseball strike, which began on August 12, Winfield was traded to the Cleveland Indians at the trade waiver deadline on August 31 for a “player to be named later.” The 1994 season had been halted two weeks earlier (it was eventually canceled a month later on September 14), so Winfield did not get to play for the Indians that year and no player was ever named in exchange. To settle the trade, Cleveland and Minnesota executives went to dinner, with the Indians picking up the tab. This makes Winfield the only player in major league history to be traded for a dinner.”

  3. proudlycanadian - Oct 13, 2011 at 10:53 AM

    I still think that The Sox will want the Cubs to take Lackey along with Epstein.

    • Old Gator - Oct 13, 2011 at 11:00 AM

      Maybe they could just swap curses, with a couple of gouts of bad karma to be named later.

  4. aaronmoreno - Oct 13, 2011 at 10:53 AM

    “We demand Starlin Castro!”

    “Then keep Theo as your GM.”

    “….”

  5. cruncheazy - Oct 13, 2011 at 11:07 AM

    Hypothetically, since the deal is already done, what happens if the two teams can’t reach an agreement? Are the Sox out of luck then, or are the Cubs required to give up some level of compensation?

    • mabunar - Oct 13, 2011 at 12:14 PM

      I don’t know for sure, but I think all that’s been agreed to are Theo’s financial terms, and some rules about him not being able to take any front office guys with him w/o owner approval. The compensation is another facet of the ‘big deal’ that needs to be agreed to, then I think Theo/Sox tear up the current contract and he’s free.

  6. mabunar - Oct 13, 2011 at 12:12 PM

    I don’t know about the Cubs having this leverage you allude to. Epstein’s free agency/trades have been run through the gauntlet continuously since 2008 and that hasn’t stopped all the Cubs postings I’ve read be so giddy about the prospect of getting him. If anything, the Sox could pull him back and just make everyone be uncomfortable for another year, it’s not like they care about that as long as people are filling Fenway.
    I’ll guess they’ll take some sort of monetary package, unless they can convince Chicago to give up a Jackson/Colvin/Cashner-y type of player that can play in the majors this year.

  7. hoopmatch - Oct 13, 2011 at 1:19 PM

    Let the Red Sox have Zambrano and Soriano.

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