The Cubs and Red Sox announced tonight through a joint press release that Theo Epstein has resigned from the Red Sox to become the Cubs' President of Baseball Operations:The Boston Red Sox and the Chicago Cubs jointly announce this evening that, effective immediately, Theo Epstein has resigned from the Red Sox in order to become the new President of Baseball Operations for the Cubs. The Clubs also have reached an agreement regarding a process by which appropriate compensation will be determined for the Red Sox and that issue will be resolved in the near term
Compensation for the Red Sox is still to be determined, and a press conference to introduce Theo at Wrigley Field is scheduled for Tuesday.
Now, go celebrate.
