Theo Epstein Leaves Boston Red Sox, Joins Chicago Cubs

After what seemed like weeks of wrangling, the Boston Red Sox and Chicago Cubs announced a deal that will send Theo Epstein to Chicago. Though the move has long been rumored, there was reportedly a hang-up over compensation. But now, on the first off-day of the World Series, the two sides came to an agreement, resulting in Epstein being named the Cubs' President of Baseball Operations.

The Red Sox and Cubs sent out a joint press release on Friday night announcing the move, which would go into effect immediately.

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.

Being that this is the World Series, and the league frowns on any breaking news while games are ongoing, both sides will go silent until the press conference, which is scheduled for the second off-day for the Texas Rangers and St. Louis Cardinals.

For more on the Cubs, head over to Bleed Cubbie Blue. For more on the Red Sox, visit Over the Monster.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.