Report: Theo Epstein agrees to a five-year deal with the Cubs

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John Dennis of WEEI just reported that Red Sox general manager Theo Epstein has agreed with the Cubs on a five-year deal worth more than $15 million. This is a huge moment for the Cubs.  Franchise-altering.

The deal is expected to be finalized by the end of this week. The Cubs and Red Sox still have to talk about compensation for letting Epstein go when he still had a year on his deal.  As was reported last night, however, compensation is not expected to be in the form of a top major league player. Most likely it’s a minor leaguer.

The assumption is that Epstein will be both team president and general manager.  That first title means very different things on different teams, so it’s not quite clear how much responsibility he’ll have or who else he’ll have to answer to at 1060 West Addison.  But given that the Cubs’ issues are primarily roster issues, you figure that Epstein will be rolling up his sleeves and getting to work on that as soon as he hits Chicago.

Free agent slugger José Abreu signs 3-year, $58.5M deal with Astros

Kamil Krzaczynski-USA TODAY Sports
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HOUSTON — Jose Abreu and the World Series champion Astros agreed to a three-year, $58.5 million contract, adding another powerful bat to Houston’s lineup.

Abreu, the 2020 AL MVP, gets $19.5 million in each of the next three seasons.

He spent his first nine major league seasons with the Chicago White Sox. The first baseman became a free agent after batting .304 with 15 home runs, 75 RBIs and an .824 OPS this year.

With the Astros, he replaces Yuli Gurriel at first base in a batting order that also features All-Star sluggers Yordan Alvarez, Jose Altuve, Alex Bregman and Kyle Tucker.

Gurriel became a free agent after Houston defeated the Philadelphia Phillies this month for its second World Series championship.

The 35-year-old Abreu becomes the biggest free agent to switch teams so far this offseason. Born in Cuba, the three-time All-Star and 2014 AL Rookie of the Year is a .292 career hitter in the majors with 243 homers, 863 RBIs and an .860 OPS.

The Astros announced the signing. Abreu was scheduled to be introduced in a news conference at Minute Maid Park.

He would get a $200,000 for winning an MVP award, $175,000 for finishing second in the voting, $150,000 for third, $125,000 for fourth and $100,000 for fifth. Abreu also would get $100,000 for earning World Series MVP and $75,000 for League Championship Series MVP, $75,000 for making the All-Star team and $75,000 for winning a Gold Glove or a Silver Slugger.

Abreu gets a hotel suite on road trips and the right to buy a luxury suite for all Astros home games.