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Theo Epstein Has A Deal With The Chicago Cubs, According To Report

Theo Epstein has a deal in place with the Chicago Cubs, according to a text message SB Nation Boston received from Boston radio station 98.5 The Sports Hub. Epstein's contract is reportedly worth $20 million over five years.

The deal would make Epstein the latest member of the Red Sox organization to leave Boston. He departs following a disastrous season in which Boston finished the 2011 season 7-20, costing the Red Sox a spot in the postseason. In eight season in Boston, the former Red Sox GM orchestrated two World Series Championships, including Boston's first title since 1918.

Received a text message from @985thesportshub saying Theo Epstein to the #Cubs is now official. Five years, $20 million. #RedSox#MLB
Oct 12 via TweetDeckFavoriteRetweetReply

Rumors and reports about Epstein and the Cubs have been swirling since the Red Sox gave Chicago permission to speak with their former general manager about a front office position last week.

For the latest news on this story, keep up with the Theo Epstein StoryStream. And for more on the Boston Red Sox, check back with the SB Nation Boston and head over to Over the Monster.