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.

ALCS Game 4 postponed

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As expected, a weather system that is supposed to pour rain on New York this evening has caused the league to postpone Game 4 of the ALCS.

The game will now be played tomorrow, with Game 5 moving to Friday, which was supposed to be a travel day. There will be no travel day now, with Games 6 and 7, if necessary, taking place in Houston on Saturday and Sunday, respectively.

The postponement helps the Yankees some in the short term in that it gives their bullpen some rest and could allow them to go from a scheduled bullpen game, which is what they were going to use tonight, to giving Masahiro Tanaka the Game 4 start tomorrow. In the longer run, though, it works to the Astros’ advantage in that it allows them to skip their fourth starter (whoever that would be) or toss one of their big three on short rest and go with Zach Greinke and Justin Verlander over the next two games. Moreover, if the Yankees do manage to push this series to six or seven games — which they’ll have to now in order to win it — there will be four straight days worth of games, meaning no rest for that pen over the final four games.

Oh, and since the Nats swept the Cardinals, that means there’s no baseball tonight. Enjoy catching up on whatever it is you have on your DVR.