Is No News Good News – Still Waiting for Completion of Epstein Hire? – Wrigley Field 10/21/11

Posted on 21 October 2011 by Lou

We’re still waiting to hear that the Cubs and Red Sox have agreed upon the “compensation issue” to complete the Cubs hiring of Red Sox GM Theo Epstein as their new President of Baseball Operations.  We all thought it would be today – a World Series off-day – but it looks like it is going to drag on into next week.  We’re not sure if the teams have agreed upon the Cubs prospects to be dealt to the Red Sox in exchange for the Red Sox releasing Epstein from the final year of his contract and that those players are now undergoing physicals.  Or if the teams are still holding firm on who they want involved in the deal.  This is getting a little ridiculous.  Each side is losing bargaining position the longer this drags out, so they just need to get it done.

Baseball Commissioner Bud Selig has even offered his “services” to step in and mediate the compensation.  Gimme a break.

We do know that the deal will happen at some point this year.  No cash compensation will go to the Red Sox – it will be minor league prospects.

Following the confirmation of the Epstein hire, it is now even more clear that the Cubs will then hire San Diego Padres GM Jed Hoyer as the Cubs GM under Epstein.  And it has also been reported that Padres Assistant GM Jason McLeod will also come over from the Padres to the Cubs.  Hoyer served as Epstein’s Assistant GM with the Red Sox and McLeod served as a scout for the Red Sox during that tenure as well.

The last piece of the Red Sox puzzle could be whether or not Red Sox management allow Epstein to take special assistant Dave Finley with him to Chicago.  Epstein has a high regard and great working relationship with Finley and would like to bring him to Chicago.

We’ll keep you posted, but it looks like we’re heading into a 3rd week of negotiations…

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