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.

Former Mets pitcher Anthony Young dies at 51

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Former Mets pitcher Anthony Young died on Tuesday at the age of 51, the team said. Young was diagnosed with an inoperable brain tumor in February.

Young, 51, pitched parts of six seasons in the majors from 1991-96. He began his big league career with the Mets in 1991 and stayed with the team through ’93. He famously failed to win a game between April 24, 1992 and July 24, 1993. During that span of time, he went 0-27. It was a great example, even back then, of the uselessness of won-lost records. Young posted a respectable 4.17 ERA in ’92 and 3.77 in ’93.

Former pitcher Turk Wendell, who was Young’s teammate with the Cubs in 1994-95, called Young “a true gentleman.”

Blue Jays designate Jason Grilli for assignment

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The Blue Jays announced on Tuesday that the club designated reliever Jason Grilli for assignment as part of a handful of roster moves. Outfielder Dwight Smith was optioned to Triple-A Buffalo, outfielder Ezequiel Carrera was activated from the 10-day disabled list, and pitcher Chris Smith was recalled from Buffalo as well.

Grilli, 40, struggled to a 6.97 ERA with a 23/9 K/BB ratio in 20 2/3 innings of work this season in Toronto. The right-hander similarly struggled in the first half last year with the Braves before being acquired by the Jays but Grilli’s role had diminished and most of the rest of the bullpen has been pulling its weight.

Grilli should draw some interest — perhaps from the Nationals — as his peripheral stats suggest he’s not nearly as bad as his ERA suggests.