MLB may grant extension in Theo Epstein compensation talks

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Bud Selig said last week that he would step in as arbitrator if the Red Sox and Cubs couldn’t come to an agreement on compensation for Theo Epstein by November 1. While we heard this morning that no real progress has been made in negotiations, don’t look for Selig to get involved just yet.

According to Patrick Mooney of CSNChicago.com, there’s a “good chance” that MLB will grant an extension on talks before the issue is turned over to the commissioner. In other words, this issue will have a few more days of shelf life before becoming an afterthought in the Hot Stove landscape.

The latest we’ve heard is that the Red Sox are asking for two players in return for Epstein. The Cubs understandably balked at the initial request of Matt Garza, but it’s believed that the Red Sox covet prospect right-hander Trey McNutt.