Cubs and Sox Making Progress on Compensation Talks

Congratulations to the Texas Rangers, the 2011 American League Champions …

The Cubs and Red Sox appear to be inching closer to a resolution and Theo Epstein officially joining the front office of the Chicago Cubs. According to a report from the Boston Globe, “an executive familiar with the negotiations described them as business-like, civil and moving forward over the weekend.” According to multiple sources, there have been no indications from either the Cubs or the Sox that talks would break down.

With the World Series set to begin on Wednesday, the feeling is the official announcement will be made at some point over the next three days.

Theo Epstein and the Cubs have reportedly agreed to a five-year deal worth around $20 million dollars. The Sox and Cubs have been discussing a compensation package over the last five days. The talks began with the Sox asking for Matt Garza then they turned their attention to Starlin Castro. After, the Cubs said no on both players the Sox started asking about the top prospects in the Cubs organization.

According to a tweet from Carrie Muskat, Brett Jackson will not be part of any compensation package.

The Globe also reported that it is unlikely any of Epstein’s assistants would be allowed to follow him to Chicago … but that could change when those current contracts expire.

As for whom Epstein could hire once he takes over baseball operations for the Cubs, multiple reports in recent days have indicated that Josh Byrnes could be reunited with Epstein in the Cubs’ front office.

Stay Tuned …

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Quote of the Day

"You can’t sit on a lead and kill the clock. You’ve got to give the other man his chance. That’s why baseball is the greatest game." - Earl Weaver