10/21 Theo to Cubs
A new era begins on Tuesday when Theo Epstein takes over as the president of baseball operations for the Cubs. Here’s the statement from the Cubs:
“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 Cubs will hold news conferences on Tuesday, a travel day for the World Series. At that time, the Cubs will introduce Epstein, and the Red Sox will introduce their new GM, expected to be Ben Cherington.
Multiple reports have Epstein hiring Jed Hoyer, currently the Padres’ general manager, to become the Cubs’ GM. Epstein also was expected to add Padres assistant general manager Jason McLeod to the Cubs staff, according to multiple reports. McLeod was the director of amateur scouting in Boston with Epstein. Among the players he picked in the First-Year Player Draft were Dustin Pedroia, Jacoby Ellsbury, Clay Buchholtz, Daniel Bard, and Justin Masterson.
What will Epstein do? Will he keep manager Mike Quade and his staff? Which players will stay? That’s all to be determined in the coming weeks. What is known is that Cubs chairman Tom Ricketts found someone to head baseball operations who fulfilled his criteria. Epstein comes from a winning organization and believes in player development. And, he’s dealt with expectations.
— Carrie Muskat