Dave Kaplan of CSNChicago.com reports that “significant progress has been made” in negotiations between the Cubs and Red Sox over compensation to be paid in exchange for the Sox letting Theo Epstein out of his contract to join the Cubs. Kaplan says that a deal could be done as soon as today and that, pending MLB approval, an announcement could come tomorrow.
There is a lot of good information there too about (a) the dynamic of the compensation talks, which focus mostly on a disagreement over the value in the Cubs’ minor league system; and (b) insight into what Tom Ricketts is looking to do with the organization overall. Specifically, Kaplan spoke with a guy who was interviewed for the job prior to the club turning to Epstein, and that guy is convinced that Ricketts is going to fix and build the organization properly as opposed to looking for quick fixes.
Exciting times to be a Cubs fan.