Blog Entry

Report: Epstein accepts 5-year deal with Cubs

Posted on: October 12, 2011 10:12 am
Edited on: October 13, 2011 10:23 am
 
By Matt Snyder

We have yet another step toward what appears to be the inevitable. Red Sox general manager Theo Epstein is still under contract with the team through 2012 and nothing is official yet, but with each passing minute, it becomes more apparent he's going to be the Cubs next GM.

The latest is that he has agreed to a five-year, $15 million deal with the Cubs, per WEEI.com. This report states the deal will be finalized by the end of the week and that the Cubs have not yet decided on a title for Epstein. It also notes the final holdup in negotiations: Compensation for the Red Sox, which will likely be some combination of money and prospect(s).

The Boston Globe is reporting
Epstein has accepted the offer and that while it's still possible for Epstein to change his mind, it's a near-certainty that he's off to Chicago. The Globe also adds that, as expected, Red Sox assistant GM Ben Cherington is expected to be named Epstein's replacement in Boston.

Taking in the entire buzz from reporters on Twitter Tuesday night, expect Epstein to be named something like President and CEO. Compensation is reportedly going to be one or two prospects, maybe even high-level ones, but no major-league players.

Epstein to Cubs?
Epstein, 37, was named the Red Sox general manager after the 2002 season. Under his watch, the Red Sox won the World Series in 2004 and 2007 after previously having not won it since 1918. Epstein grew up in the Northeast and attended Yale University, so he had ties to the Boston area anyway, but recent reports have indicated he might be looking for a new challenge.

The Cubs offer up that challenge. Not only have the Cubs not won the World Series since 1908, but the franchise doesn't appear close to being competitive right now, with a bad major-league product and not much more in the organizational pipeline. Then again, there is more than $50 million in salary coming off the books this season and even more coming off after next season. With a rabid fan base desperately seeking a title and lots of resources at hand, Epstein could very well become the man who broke two alleged curses (first, the Bambino, second, the Billy Goat).

This is still not a done deal, but it would be pretty shocking if it fell apart now. Things have progressed to a point where Epstein seems sealed and delivered to Wrigley Field.

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Comments

Since: Dec 6, 2010
Posted on: October 12, 2011 3:48 pm
 

Report: Epstein has 5-year deal with Cubs

I don't think Theo Epstein is the answer for Cubbie fans.  Billy Beane could do a lot more with less and has proved it over the years.  Cashman would do well in Chicago.  I don't understand why he keeps gettting beat up over the Pavano deal.  Every GM has made a bad deal.  In light of what was aledgedly going on in Boston this season in the clubhouse(if its true)Theo can be partially to blame. Boston is in disaray..good time to leave when players are drinking beer and eating KFC during games after spending 300 mil in the winter then choking in September.
 



Since: Feb 20, 2007
Posted on: October 12, 2011 3:48 pm
 

Report: Epstein has 5-year deal with Cubs

Not sure about your assessment NE - i beilive Youklis, Pedroia, Elsbury, Papplebon, Bard, Lester and Buckholtz are all Epstein draft choices, so i don't know who was there already when Theo took over.  2001 the Red Sox where just over .500 and in 2000 they had 85 wins. Draft pieces aside, he brought in Schilling, Ortiz and Millar.  For the Cubs, he needs to blow it up and rebuild.  Castro is the only positon player worth keeping.



Since: May 25, 2011
Posted on: October 12, 2011 3:38 pm
 

Report: Epstein has 5-year deal with Cubs

The difference here as Nomar reported..when Theo and FranComa came to Boston they already had a very good team. They both profited from that. This is not true with the Cubs for Theo as it was for FranComa with the Phillies years ago. Little or no talent is the scenarion now. For Theo and his new $20 million contract,  he looks at this as a challenge. If he succeeds he is a hero, if he fails they will say the Cubs are hopeless. In Terry's case, if he manages again, it best be with a talented team for him to have chance to succeed.



Since: Apr 26, 2011
Posted on: October 12, 2011 3:05 pm
 

Report: Epstein has 5-year deal with Cubs

Looks like a 20 million dollar deal, not 15... which seems more believable and even a little bit lower than expected.



Since: Mar 13, 2008
Posted on: October 12, 2011 2:22 pm
 

Report: Epstein has 5-year deal with Cubs

So lets bring in a guy and pay him to build a team that can win but to get him you have to send away upper level prospects.  Sounds pretty counter productive.



Since: Oct 12, 2011
Posted on: October 12, 2011 2:21 pm
 

Report: Epstein has 5-year deal with Cubs

The Cubs offer up that challenge. Not only have the Cubs not won the World Series since 1908, but the franchise doesn't appear close to being competitive right now, with a bad major-league product and not much more in the organizational pipeline. Then again, there is more than $50 million in salary coming off the books this season and even more coming off after next season. With a rabid fan base desperately seeking a title and lots of resources at hand, Epstein could very well become the man who broke two alleged curses (first, the Bambino, second, the Billy like this


™CENATION-HLR™
Since: Jul 28, 2011
Posted on: October 12, 2011 2:16 pm
This comment has been removed.

Post Deleted by Administrator




Since: Nov 3, 2009
Posted on: October 12, 2011 2:08 pm
 

Report: Epstein has 5-year deal with Cubs

If Theo Epstein does in fact take over as GM and whatever other titles that he may hold in his new position, I for one, would be extremely happy. The only sad part of this is he is not taking over the Yankees in the same capacity. Brian Cashman has wore out his welcome and paying Pavano millions for not ever pitching one complete year still is a sour taste in my mouth. Like most baseball publications this year,
I too, thought it would be the Red Sox in the WS facing the Phillies. To the Yankees credit, I thought they overachieved this year, but I was happy with the results, being the ultimate Yankee fan since childhood. But, I was not happy with their early exit from playoffs.

Epstein has a bright young mind and I have no reservations with him running the show in Chicago. He'll put the pieces together and will have the Cubs in serious contention within two years. Yes, he'll have some key decisions to make, but I believe upper level management and the powers to be, will allow Epstein to develop the farm system and also be aggressive in the free agent market. Chicago is a great city and a super sports town. I think the fans will applaud his every move with little or few questions. The city is thirsty for a winner and even though the White Sox won the WS several years ago, the many friends that I have in Chicago, said that they could care less because it was'nt the Cubs that captured the WS. That is how much the Cubs are love in Chicago.

I also see a firm and steady hand taken over as the manager of the Cubs. Whether it is Terry Francona or Ryan Sandberg or someone else, Epstein will evaluate his players, weed out the clubhouse cancer, such as Zambrano with his "on the field" antics, and select the right
manager to help lead the Cubs in the right direction. 

So, when the deal with Mr. Epstein is finalized, hold on to your belts my "windy city" faithful. Your days of waiting for consistent fall playoffs and eventually a shot at a WS title is on it's way.   



Since: Dec 14, 2006
Posted on: October 12, 2011 2:06 pm
 

Report: Epstein has 5-year deal with Cubs

I think some fans are forgetting that on Halloween 2005 Epstein resigned for supposedly personal reasons but actually for clashing with Larry Lucchino.  John Henry finally stepped in convincing Epstein to return.  They also forget that Theo is also responsible for rebuilding a farm system that was on life support and drafting some good young prospects.  The blemishes on his record are big money free agent signings which haven't worked out, and which didn't necessarily come from a real need but probably an ownership driven envy of the Yankees.  Theo can probably share some of that blame, but when you see how both the Sox and the Yankees drive up the price of free agents, it is more of signing a player so the other team doesn't.  The Cubs are definitely a better challenge where Epstein can stick to his winning formula and not have a jealous boss constantly looking over his shoulder.



Since: Dec 29, 2008
Posted on: October 12, 2011 2:02 pm
 

Report: Epstein has 5-year deal with Cubs

This guy destroyed the Bosox and the Cubs give him $15 mil. He's a poser. Another reason why the Cubs are doomed.


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