Let the Off-Season Begin …

Congratulations to the St. Louis Cardinals for winning the 2011 World Series and now that a very good Fall Classic is over, it is time for Theo Epstein, Jed Hoyer and company to get to work.

Beginning Sunday at 12:01am ET free agents can begin talking to other teams and can begin receiving offers at 12:01am ET on Thursday. All options, whether controlled by the player or the team must be filed by Monday night at 11:59pm ET … Ryan Dempster is expected to pick up his player option for 2012 and the Cubs are expected to exercise their part of Aramis Ramirez’s option for next season. Ramirez is expected to decline his part of the option and become a free agent. If Ramirez chooses to decline his option, the Cubs will save $2 million dollars (buyout on Ramirez’s option if they were to decline) and will receive a compensatory pick if he signs elsewhere.

Here’s a quick update from the last two days …

Off-Season Calendar
The CCO will run a full off-season calendar in the coming days but for now, here are a few of the important ones for the Chicago Cubs:

  • October 30 – MLB Free Agency Period Begins at 12:01am ET (11:01pm CT on Oct. 29)
  • October 31 – Team, player or mutual options must be filed 11:59pm ET (10:59pm CT)
  • November 1 – The deadline for the Cubs and Red Sox to work out a compensation package for Theo Epstein.
  • November 3 – Free Agent Signing Period Begins at 12:01am ET (11:01pm CT on Nov. 2)
  • November 18 – Last Day for Teams to File Reserve Lists – Major and Minor League Levels
  • November 23 – Last Day for Clubs to Offer Salary Arbitration to Free Agents in order to receive draft pick compensation
  • December 5 – 8 – Winter Meetings – Dallas, TX
  • December 7 – Last Day for Players to Accept Salary Arbitration
  • December 8 – Rule 5 Draft
  • December 12 – Deadline to Tender Contracts to Players with Less than Six Years of MLB Service time (3-6)

Well, there’s the update … and I’m sticking to it.

Follow ChicagoCubsOnline on Twitter: @TheCCO

Quote of the Day

"Logic will get you from A to B. Imagination will take you everywhere." - Albert Einstein