It’s official: Theo Epstein resigns from Red Sox to join Cubs’ front office

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It’s finally done.

Peter Abraham of the Boston Globe reports that the Red Sox and Cubs have agreed to the framework of a deal that will allow Theo Epstein to become the Cubs’ president of baseball operations. Epstein has resigned from his post as Red Sox general manager and will join the Cubs’ front office, effective immediately.

The Cubs will hold a press conference on Tuesday, the next off-day of the World Series, to introduce Epstein while Ben Cherington is expected to be announced as his replacement on the same day in Boston.

Compensation hasn’t been settled yet, but a joint statement from the clubs specifies they have “reached an agreement regarding a process by which appropriate compensation will be determined.” With Epstein now a member of the Cubs’ front office, he will presumably be involved in the negotiations. That’s not awkward at all. According to Sean McAdam of CSNNE.com, if the two sides are unable to reach a satisfactory agreement in the next few days, commissioner Bud Selig could step in as an arbitrator.

Josh Donaldson is still seeking a long-term deal with the Blue Jays

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If it were up to him, Blue Jays third baseman Josh Donaldson would finish the remainder of his career in Toronto. In fact, he’d be “ticked pink” if the club decided to sign him to a long-term deal. Whether the Blue Jays share that sentiment is still unclear, as Donaldson said Saturday that the team has yet to engage his agent in extension talks.

“I’ve said that I wanted to be here,” he told MLB.com’s Gregor Chisholm. “That’s pretty much all I can say. I’m not the one who makes the decisions, nor would I try to put them in the position to do that. Like I said, I believe the situation will become more fluid when the time is right.”

That doesn’t necessarily mean an extension is out of the question. The Blue Jays reached an unprecedented one-year, $23 million agreement with the three-time All-Star in arbitration, and have been reticent to field trade offers despite continued interest from the Cardinals this winter.

Donaldson, 32, is poised to enter his eighth season in the majors and fourth with the Blue Jays. In 2017, he batted .270/.385/.559 with 33 home runs and a .944 OPS in 496 plate appearances, ranking sixth among all major league third baseman with 5.0 fWAR. He’s scheduled to enter free agency following the 2018 season.