Blog Entry

Reports: Red Sox, Cubs far away on compensation

Posted on: October 14, 2011 10:42 am
Edited on: October 14, 2011 4:14 pm
By Matt Snyder

The big non-playoff story right now is easily the poaching of Red Sox general manager Theo Epstein by Cubs chairman Tom Ricketts. Pretty much every reporter with sources around the Cubs and Red Sox has gotten word that Epstein has accepted a five-year deal to take over the Cubs. The title has yet to be revealed because the deal isn't yet official. The delay is that Epstein still has a year left on his contract and the Red Sox are seeking compensation from the Cubs for letting him walk.

Cubs/Red Sox drama
The assistant general managers -- Randy Bush for the Cubs and Ben Cherington for the Red Sox -- are doing the negotiating and then reporting to ownership before anything would be made official.

And after one day of negotiating, reports from both Boston and Chicago indicate the two sides are pretty far apart.

The Cubs only want to send money to the Red Sox, while the Red Sox are insistent on receiving back a package of players. The two sides reportedly didn't give much ground Thursday, so it's at a stand-still right now (Chicago Tribune).

The Boston Globe notes the Red Sox have interest in some of the few attractive prospects from the Cubs system, like Brett Jackson, Matt Szczur, Alberto Cabrera, Jay Jackson and Trey McNutt. The Globe has also reported the Red Sox like major-league utility player Jeff Baker, but he alone wouldn't be enough. In that same entry, it is noted that the Red Sox would love the Cubs to take John Lackey and his gaudy contract, but that is very unlikely.

The Boston Herald says the Red Sox are looking for "something real" in return for Epstein.

So this might drag out for a little bit, but there was one tie that bound every report: There is no indication the deal has a chance to fall through. Eventually, Epstein is going to be headed to Chicago, with something going back to Boston in return. At least that's how things stand Friday, October 14. We'll see how it progresses.

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Since: Aug 22, 2006
Posted on: October 14, 2011 6:14 pm

Reports: Red Sox, Cubs far away on compensation

And if I'm the Cubs I'd drop discussions. If they don't want him so bad they wouldn't be making such a big deal. Like you said tell Epstein it's all his after next year.

Since: Aug 4, 2011
Posted on: October 14, 2011 5:29 pm

Reports: Red Sox, Cubs far away on compensation

It would be more like $9.5 million, but who's counting ...

Since: Dec 14, 2006
Posted on: October 14, 2011 5:23 pm

Reports: Red Sox, Cubs far away on compensation

Hey pi22over7,

At least the Sox have an excuse for choking.  What's the Yanks excuse? 

Since: Mar 24, 2008
Posted on: October 14, 2011 5:22 pm

Reports: Red Sox, Cubs far away on compensation

If I'm Epstein, I tell the Cubs to wait; keep the seat warm for me.  Then I do my last year in Boston. I show up at noon, leave at 3pm, play lots of golf and surf the web during the day.  I'll do my year, but it's going to be the easiest year in the history of employment.

Since: Aug 8, 2009
Posted on: October 14, 2011 5:13 pm

Reports: Red Sox, Cubs far away on compensation

The Red Sox shouldn't budge, the deal is dead and the Sox should get the one more year Epstein is contracted for. Theo can continue to do the great work he has started; he has momentum now. The Red Sox should offer Epstein an extention of at least 10 years. His first move should be to bring Francona back, then install a few PS3s, beer taps and a fry-o-lator in the bullpen and the dugout. (Can you say eleven secret herbs and spices) He should also give legal help to Manny Ramirez in hopes of bringing him back to Beantown, after all, Manny is just being Manny. The city of Boston deserves nothing less.

Since: Sep 11, 2007
Posted on: October 14, 2011 4:37 pm

Reports: Red Sox, Cubs far away on compensation

If the Sox just get rid of Lackey in the Epstein deal, that would be enough for me.  I'd even eat $5 million per year on his contract just to be rid of the bum (as long as I'm spending other peolpe's money, that is).

Epstein's biggest mistake as a Sox GM was going Yankee and thinking that you build a team in free agency then fill in the holes with the farm system.  That, plus ravaging the farm system in trades (e.g. V-Mart) that were made for the short-term, not long-term benefit.  I'll be more than happy to see the bum go. 

Since: Oct 2, 2007
Posted on: October 14, 2011 4:35 pm

Reports: Red Sox, Cubs far away on compensation

I am not really sure who holds the cards in this deal.  Sure, the Sox can play hard ball and demand talent in exchange.  But the reality is that Theo WILL NOT be with Boston next year just to fill out his 1 year.  They won't pay him for nothing and the Cubs won't go with an interim GM to wait until next year.  There is no guarantee he will go to them next season, if the 'done deal' from this year falls through.  So essentially the Sox are too far in to this saga to KEEP him.  After all, they have announced they want a full house cleaning and are in the midst of it already, at least organizationally, and the Cubs are too far in to walk off with nothing.  I am inclined to think that this will all be settled with the exchange of a midlevel talent and Jeff Baker, nothing more.  Maybe we can throw in Quade, since the Sox need a manager, just kidding.

Since: Apr 16, 2010
Posted on: October 14, 2011 4:31 pm

Reports: Red Sox, Cubs far away on compensation

Beckett & Lowell for Hanley worked out for the red sox ...

Since: Jul 24, 2008
Posted on: October 14, 2011 4:25 pm

Reports: Red Sox, Cubs far away on compensation

There is no way on God's green Earth that Theo will be running the Red Sox next year. None. He may not be with the Cubs, but he cannot go back, let alone be put in charge, in Boston. So there is no way this is a salary grab. If he doesn't GM the Cubs, then he is going to sit out the year and be paid by the Red Sox.

Since: May 25, 2011
Posted on: October 14, 2011 3:48 pm

Reports: Red Sox, Cubs far away on compensation

The Cubs should not have to worry. Theo knows how to spend their money. Don't worry about those Cubs prospects, Theo will spend their money to buy them new ones. If their prospects were that good, the Cubs would have been a better team than they were. The Red Sox are already loaded again for next year. Now all they have to do is get in shape for a change, get a new "leader type" manager that doesn't put up with their nonsense, and play close to their potential.

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