http://www.chicagotribune.com/topic/sports/baseball/theo-epstein-PEBSL000016.topic
Source: Epstein signing expected to be made official Friday - chicagotribune.com
http://www.chicagotribune.com/topic/sports/baseball/theo-epstein-PEBSL000016.topichttp://www.chicagotribune.com/topic/sports/baseball/theo-epstein-PEBSL000016.topicTheo Epstein is expected to be announced as the Cubs' president of baseball operations on Friday at Wrigley Field, a source said.
The protracted negotiations over compensation are nearing a conclusion, and the Cubs and Red Sox are expected to get the OK from Commissioner Bud Selig to make an announcement Friday, the first of two off days in the World Series.
The Red Sox officially will announce Ben Cherington as their new GM, replacing Epstein, while the Cubs will introduce Epstein to the media, a source said.
The drawn-out saga concludes a week of talks between the two teams over the value of Epstein in a trade. Boston is expected to receive at least one top-level prospect, perhaps right-hander Trey McNutt, and a low-level prospect.
The Cubs will give Epstein a five-year contract worth an estimated $18.5 million to make all baseball-related decisions. Epstein is expected to bring San Diego Padres general manager Jed Hoyer in as Cubs' GM, though they can not officially talk until Epstein is at the helm of the Cubs. San Diego CEO Jeff Moorad will give the Cubs permission to talk to Hoyer, sources said, after Epstein takes over Friday.
Source: Epstein signing expected to be made official Friday - chicagotribune.com