Theo Epstein Introduced As Cubs' President Of Baseball Operations

Theo Epstein was officially introduced as the new President of Baseball Operations of the Chicago Cubs on Tuesday afternoon. Epstein spent nine seasons as the GM of the Boston Red Sox before resigning this offseason.

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Theo Epstein Resigns As Red Sox General Manager, Will Join Cubs On Tuesday

According to a joint press release by the Cubs and Red Sox Friday night, Theo Epstein has resigned as Boston's general manager and will be introduced as the new President of Baseball Operations in Chicago on Tuesday. The Red Sox' new GM--by all accounts Ben Cherington--will be introduced at the same time in Boston.

The upshot of all this is simply that a deadline and process for agreement has been set. There is still no deal on compensation, and the Cubs and Sox will be left to hash out the details, likely with Theo and Cherington at opposite ends of the bargaining table as it should be. 

If no agreement can be reached by Tuesday, presumably there's an agreement on what will happen then. It's quite possible that this will mean Bud Selig's intervention as an arbitrator, but one would hope that's as a result of an invitation from the team. There's dangerous precedent, after all, in the commissioner of baseball forcing himself into the middle of what is essentially a trade negotiation.

One way or another, this long, convoluted process is finally nearing its end.

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Boston Red Sox Reportedly 'Making Play' To Keep Theo Epstein, But No Public Statements Yet

Theo Epstein may be "on the cusp" of joining the Chicago Cubs, but that doesn’t mean he’s turning over the keys to Fenway Park just yet.

That’s because the Boston Red Sox are reportedly interested in keeping the longtime GM in New England — assuming he wants to stay.

Tim Brown from Yahoo Sports has more:

"Hearing Red Sox owners are making play to keep Theo in town, but won’t ask him to continue in job he doesn’t want."

A decision from Epstein, who may be granted additional powers in "Chi-Town," is expected by Friday following several weeks of flirting with the Cubbies.

The powers that be have allowed Epstein, who has called Fenway home since 2002, to engage in negotiations with the National League ball club at the beginning of the month.

Whether or not he accepts the vacant position, or rejects it based on a counter-offer from the Red Sox, remains to be seen. As of now, the organization has yet to make an official statement.

Stay tuned.

In the meantime, find out what else is going on with the Red Sox Nation at Over The Monster by clicking here.

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