The Cubs and Red Sox have agreed upon the process of determining compensation for Theo Epstein to join the Chicago organization and an announcement is expected soon, Pete Abraham of the Boston Globe tweets. Patrick Mooney of CSN Chicago tweets Epstein has officially resigned from the Red Sox to become the Cubs' president of baseball operations, and a press conference will be held on Tuesday. Neither side will comment until then, according to Mooney.
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The two teams have not agreed to the exact compensation, only the manner in which it will be decided, Abraham clarified in a follow-up tweet.
While it's been expected for about a week that Epstein would take over the Cubs, but the issue of compensation has held up the deal. Although the deal may be done, it won't be announced until Tuesday because Major League Baseball will not allow teams to make major announcements during the World Series, or at least on the same day as games. Tuesday will be the next travel day, if the series isn't wrapped up in five games.
Epstein is expected to be joined in Chicago by Padres general manager Jed Hoyer, with former Diamondbacks GM Josh Byrnes taking over in San Diego. There's still the question of whether the Padres will require compensation for Hoyer's departure, something CBSSports.com senior writer Scott Miller reported earlier was expected.
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