Theo! October 12, 2011


Red Sox GM Theo Epstein has an agreement in place to become head the of Cubs baseball operations, has confirmed.

Sources indicate Epstein’s move from the Red Sox should be completed within a couple of days. Sources say the two teams were still discussing Boston’s compensation for allowing the move, but this is not expected to curtail a deal. It will either be cash or minor-league players going to Boston, but according to people familiar with the deal, the the Red Sox will be content with cash.

Cubs owner Tom Ricketts is said by people close to him to be working on other things now, a strong indication that he’s confident his top priority — a new GM –has been settled. Epstein has led the Cubs’ wish list for a new GM since they began the process after parting ways with Jim Hendry this season. People who speak to Ricketts say he has long praised the “Red Sox model.”

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