Report: Announcement on Theo Epstein likely several days away

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Don’t hold your breath for a quick resolution with the Theo Epstein situation.

Sean McAdam of CSNNE.com heard from a source Monday that “significant work” remains in talks between the Red Sox and Cubs regarding compensation for the former Boston GM.

While the two sides have made progress in recent days, the Red Sox believe they should receive a substantial compensation package because this situation “defies precedent.” The Red Sox initially asked for Matt Garza, but also have interest in prospect right-hander Trey McNutt.

MLB frowns upon any distraction from the World Series, so Tuesday is the last day any announcements could be made without prior approval from the commissioner’s office.

One possible alternative is that an announcement could be made Friday, which is a scheduled off-day during the World Series. However, they would still need approval from Bud Selig. And that’s assuming the two sides can come to a satisfactory agreement this week. Either way, an announcement is likely several days away.

Cubs to activate Craig Kimbrel on Thursday

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The Cubs will activate reliever Craig Kimbrel ahead of Thursday afternoon’s game against the Braves, Sahadev Sharma of The Athletic reports.

Kimbrel, 31, ended a seven-month stint in free agency, agreeing to a three-year, $43 million contract with the Cubs earlier this month. He has made four minor league appearances, allowing one earned run on two hits and a walk with four strikeouts in 3 2/3 innings.

With an aggregate 3.96 ERA entering Wednesday, the Cubs’ bullpen has been among the better bullpens in the league. Adding Kimbrel, one of the greatest closers of all-time, certainly can’t hurt and will give them some stability in save situations.