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A Cubs/Theo Epstein deal could be done as soon as today

Oct 20, 2011, 11:34 AM EDT

Theo Epstein

Dave Kaplan of reports that “significant progress has been made” in negotiations between the Cubs and Red Sox over compensation to be paid in exchange for the Sox letting Theo Epstein out of his contract to join the Cubs. ┬áKaplan says that a deal could be done as soon as today and that, pending MLB approval, an announcement could come tomorrow.

There is a lot of good information there too about (a) the dynamic of the compensation talks, which focus mostly on a disagreement over the value in the Cubs’ minor league system; and (b) insight into what Tom Ricketts is looking to do with the organization overall. ┬áSpecifically, Kaplan spoke with a guy who was interviewed for the job prior to the club turning to Epstein, and that guy is convinced that Ricketts is going to fix and build the organization properly as opposed to looking for quick fixes.

Exciting times to be a Cubs fan.

  1. Ari Collins - Oct 20, 2011 at 11:46 AM


  2. diehardcubbiefan4life - Oct 20, 2011 at 11:53 AM

    finally is right

  3. El Bravo - Oct 20, 2011 at 12:00 PM

    A Braves fan in Chicago that can’t be more excited for the North Side club.

    • Alex K - Oct 20, 2011 at 12:08 PM

      Us North Siders are quite excited too!

  4. normb11 - Oct 20, 2011 at 12:28 PM

    What exactly does the President do and the GM do? What’s the dynamic between the two?

    • WhenMattStairsIsKing - Oct 20, 2011 at 12:45 PM

      I think that’s a solid question. It probably is open for discussion per franchise. I would imagine Theo and Hoyer (or whoever it will be – Byrnes, etc) will work to be on the same page, with the GM doing a lot of the daily grind work while Theo sticks to the grand scheme of things – a broader, more general direction of where the club should go, without being the guy taking all the calls and running all of the signings.

      • normb11 - Oct 20, 2011 at 12:54 PM

        I’m flashing back to Andy MacPhail.

      • natstowngreg - Oct 20, 2011 at 1:20 PM

        Agreed, that division of labor makes sense. Also, Theo may be responsible for non-player functions like maintaining Wrigley Field, selling tickets, and handling PR. In that sense, this will be a promotion for Theo.

        It will be interesting to see how the relationship among Ricketts, Theo, and the GM develops over the coming months. If the relationship goes sour (not saying it will), no doubt it will be the subject of numerous discussions on this here blog.

  5. danandcasey - Oct 20, 2011 at 12:35 PM

    I, for one, am a little concerned. From an article on the possible deal at

    “A source with knowledge of the negotiations said: ‘The two sides are on the 5-yard line.'”

    Epstein is headed to the Cubs, rather than the Bears, right? Perhaps this knowledgeable source meant “rounding third.”

  6. seanmk - Oct 20, 2011 at 12:42 PM

    plus jed hoyer as the cubs GM

  7. bigleagues - Oct 20, 2011 at 2:05 PM

    Nick Cafardo posted this around Noon today, which is at odds with nearly every report coming out of Chicago . . .

  8. paperlions - Oct 20, 2011 at 2:33 PM

    As a Cardinal fan, this story is getting more and more disturbing all of the time. I well funded and well run Cubs organization is a totally foreign idea to me. I’ve never seen such a beast, and would prefer to keep it that way.

    • Alex K - Oct 20, 2011 at 2:38 PM

      I think it sounds like a great time! We should all be excited!

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