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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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Comments

Since: Apr 14, 2011
Posted on: October 14, 2011 2:40 pm
 

Reports: Red Sox, Cubs far away on compensation

I can see why the Saahx want compensation for Theo Epstein:  They don't want to lose an important cog in their run toward another championship.  They recognize how important it is to keep Theo and his ability to make sound decisions at any cost.  Because Theo made some blockbuster signings last season with Crawford and Lackey, they want to be sure he finishes the job and signs other has-beens past their primes and also-rans.  On another note,  are the Saahx going to pay Theo his current salary to sit out a year and then watch him walk away with no compensation?  I like the Saahx, but they need to move on from this failed season of horrible underachievement and build for next season.  Management knows the players are watching this and the team will probably respond with rolling eyes and a wgf attitude.  The Cubs can wait another year if they know they can get the guy they want.  They have good young prospects in their system and they can only go up from their disastrous season.



Since: Aug 7, 2008
Posted on: October 14, 2011 2:36 pm
 

Reports: Red Sox, Cubs far away on compensation

Well the Red Sox are not the idiots they seem by asking a few good prospects from the Cubs for Theo Epstein. Either way both clubs are the worst franchises in baseball history and this move by both clubs won't make them or their fans winners at all.



Since: Aug 22, 2006
Posted on: October 14, 2011 2:04 pm
 

Reports: Red Sox, Cubs far away on compensation

The Red Sox should allow Theo leave under the following condition: Take with you to Chicago all your bad move. The annually Contracts of: Bobby Jenks ($6,000,000), John Lackey ($15,950,000) and Carl Crawford ($14,857,142). I’m tired of hear that Theo Epstein is a genius. When he this guy came to Boston, this team was already a contender. I don’t deny he made a few good deals to make the team better, but he also made a bunch of horrible mistake like the ones a mentioned here. Besides is a lot easier to be a good GM in a team willing to spend money like the Yankees or Boston. I wish the Cubs luck, but having this guy won guarantee championships.



Since: Oct 11, 2006
Posted on: October 14, 2011 2:04 pm
 

Reports: Red Sox, Cubs far away on compensation

I think the Red Sox could decide to let Theo remain a lame duck all year and eat the salary, rather than make a deal they don’t like just to get rid of him. And by the way, there is no guarantee that Theo would go to the Cubs next year; other teams will be in the bidding war and may offer Theo more money. If the Cubs name an interim GM with the hope of getting Theo NEXT year, they will have to pony up a MUCH larger salary that $3 million a year for him.


Dont agree with this at all.  Theo won't get anywhere near $15 million for 5 years anywhere else.  Sox cannot have Theo as a lame duck and they know this.  Theo is walking no matter what, whether its this year or next year.



Since: Jan 24, 2007
Posted on: October 14, 2011 2:02 pm
 

Reports: Red Sox, Cubs far away on compensation

This deal is done period. It is the same as a player being traded for a player to be named later. No matter how long it takes to get the fine points of the compensation figured out, it will get done. The Red Sox can shoot for the moon and hope to get it, but it's highly unlikely that they get what the article is claiming they are asking for. Theo doesn't want to be there, and the Sox front office doesn't want him back. A situation like this dampens your bargaining power. A couple of mid talent prospects to Boston, and call the deal done.



Since: Dec 7, 2006
Posted on: October 14, 2011 2:00 pm
 

Reports: Red Sox, Cubs far away on compensation

I think the leverage the Red Sox have now is that the Cubs HAVE to make this deal. If they don’t because of the players they don’t want to give up, Ricketts will have egg on his face. This deal has been announced as done, by pretty much everyone. The deal has to be made, and probably will. The Red Sox know this, and so they can ask the moon for Theo if they want.

Frankly of the players on this list (if correct), none of them are truly top can’t miss prospects. There could be a gem in the mix (McNutt perhaps) but who knows? I don’t think anyone would think the Sox are asking too much, but some could say the Cubs are being a bit stingy.

I think the Red Sox could decide to let Theo remain a lame duck all year and eat the salary, rather than make a deal they don’t like just to get rid of him. And by the way, there is no guarantee that Theo would go to the Cubs next year; other teams will be in the bidding war and may offer Theo more money. If the Cubs name an interim GM with the hope of getting Theo NEXT year, they will have to pony up a MUCH larger salary that $3 million a year for him.




Since: Dec 2, 2008
Posted on: October 14, 2011 1:53 pm
 

Reports: Red Sox, Cubs far away on compensation

I think that a good starting point when speculating on what type of players Boston will recieve in return for Theo is to look at the "trade" between the Marlins and Whitesox for Ozzie.  Fringe major league Osvaldo Martinez and another minor leaguer.  I believe I heard both of these players were in the top ten prospects in the Marlins system.  A trade similar to this would probably be made.  I agree that it is unlikely that the Cubs would take on the salary of Lackey, this would make no sense. 




Since: Jan 22, 2007
Posted on: October 14, 2011 1:52 pm
 

Reports: Red Sox, Cubs far away on compensation

Sounds like another "done deal" that wasn't.



Since: Oct 11, 2006
Posted on: October 14, 2011 1:43 pm
 

Reports: Red Sox, Cubs far away on compensation

Actually this is all up to the Sox.  Cubs hold the cards in this.  Sox can kill the deal and then shoot themselves in the foot.  If they ruin this deal, the Cubs will just hire an interim GM for next season, with Epstein walking straight to the Cubs after the season and the Sox get nothing.



Since: Sep 4, 2007
Posted on: October 14, 2011 1:42 pm
 

Reports: Red Sox, Cubs far away on compensation

When this potential deal was announced before it was done it took some of the leverage away from the Sox because Theo is now a lame duck that has to go at this point and if it isn't to the Cubs it will be to someone else with even more negotiating power lost and staying in Boston is not a possibility



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