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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: Sep 2, 2006
Posted on: October 12, 2011 10:39 am
 

Report: Epstein has 5-year deal with Cubs

More and more it seems the drinking in the bullpen and playing video games cost the Red Sox the season (Biggest choke in MLB history), Their manager who brought them two (even though they were tainted with steroid use) and their GM......OUCH to MLB's new black eye!!!!!!!!!! Fistpump!


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