Saturday, October 22, 2011

Epstein Officially Cubs President


In a move that everyone knew was coming Theo Epstein, former Red Sox general manger, has taken the position of "President of baseball operations" with the Chicago Cubs. It has been reported that a deal is in place with San Diego that will bring Jed Hoyer as general manager, and Jason McLeod as assistant general manager.

Both teams released a joint statement last night:

CHICAGO - The Boston Red Sox and the Chicago Cubs jointly announce this evening that, effective immediately, Theo Epstein has resigned from the Red Sox in order to become the new President of Baseball Operations for the Cubs. The Clubs also have reached an agreement regarding a process by which appropriate compensation will be determined for the Red Sox and that issue will be resolved in the near term.

Both the Red Sox and the Cubs intend to hold press events on Tuesday, October 25 during which the Cubs intend to announce Mr. Epstein, and the Red Sox intend to announce his successor as General Manager.

Out of respect for the World Series, both clubs have agreed to forego further comment until Tuesday, the next scheduled non-game day. Further information on each club's media availability for Tuesday will be distributed on Monday.


Join Ryan and I as we talk about this huge news this Tuesday on Sports Town Chicago!

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