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Jed Hoyer and Jason McLeod Press Conference

I believe the press conference is scheduled for 3pm CST, maybe EST...so soon. You can allegedly watch a live stream at CSN Chicago.

In the meantime, read up on the new scouting director with this very well done Q&A.

The rumor mill is rather quiet at the moment, last bit of "news" was that Theo and Jed (sounds like a sitcom title) met with Q-Ball for 7 hours last week and have a second meeting this week. I want to imagine the 7 hours was spent getting as much information about the ballclub out of him before they canned him.

On the manager front, Peter Abraham reports that the Cubs and Red Sox could both be interested in former Brewer player and their current hitting coach, Dale Sveum.

After the jump, I'm trying to embed the live stream...see if it works.

The Dominos Start to Fall

Late Friday night, Bud Selig apparently had enough of the Cubs and Red Sox distracting from what now appears to be a real good World Series and the two teams sent out press releases saying Theo to the Cubs is official. The issue of compensation still needs to be resolved, with ta

Theo Reporter

It's day 8 of Theo Hostage Watch...I hear he's doing as well as can be expected. The Red Sox have taken his cell phone away and all other lines of communication and they have him bordered up in his office on Yawkey Way.  He is allowed to speak to his wife and children through closely monitored Skype chats. Once the Red Sox receive their terrorist demands, he's been assured of being released. Stay tuned...

Theo to Cubs Ever so Close

This appears just about close to being finalized. Here's the latest and to open up a new set of comments.

- Epstein and family are apparently house hunting already in Chicago.

- Heyman tweets that there is a bit of discussion whether #cubs send cash or minor leaguers to #redsox for theo. so far boston prefers the $.

- A WEEI report said the deal would be 5/$15M, ESPN is saying it's 5/$20M. There's some confusion over a $3.5M transfer bonus that Epstein would receive,  so that could be part of the difference.

- Same article says ...an industry source said Tuesday that Cubs owner Tom Ricketts spoke with Epstein last week and that Epstein met with Cubs president Crane Kenney in Chicago last weekend (I presume to settle how much of Kenney's salary would be going to Epstein).

- Kaplan with a pretty thorough rundown of how the events transpired. I can't find it now, but I think it was Kaplan reporting that Epstein's very comfortable with Wilken and Fleita.

- Kevin Goldstein at BP and ESPN Insider (subscriptions required) goes over the state of the organization that Theo will inherit. 

- George Ofman tweets: Word from sources close to situation: Ryne Sandberg not on Theo's short list to be manager at this time

Theo did try and hire Ryno to manage Pawtucket though last year, so even if he doesn't quite think he's big league ready, possibility as a major league coach could loom. 

- Red Sox pull a page out of the Cubs playbook and start the smear campaign on Francona, Epstein and some of the players. 

Some video of Epstein discussing player evaluation after the jump...

Boston Herald Reporting that Theo Will Join The Cubs

The headline says it all, but let me blockquote for you.

Two baseball sources have confirmed that Theo Epstein is on the cusp of leaving his job as general manager of the Red Sox [team stats] to accept a position with the Chicago Cubs that is believed to include powers greater than he has in Boston, with an announcement expected to be made “within the next 24 to 48 hours.”

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  • CHITOWNMVP01: It is indeed odd that the Cubs did not just wait one more day to recall LaStella.

    As far as Spencer Patton is concerned...

    Arizona Phil 3 min 44 sec ago view
  • Why didn't they wait until tomorrow to call up TLS? Don't they have to wait 10 days to bring Patton back up now?

    chitownmvp01 24 min 44 sec ago view
  • Cubs assigned to Mesa Solar Sox (AFL):

    Victor Caratini, C
    James Farris, RHRP
    Ian Happ, 2B-OF
    Eloy Jimenez, OF
    Ryan McNeil, RHRP
    Steve Perakslis, RHRP
    Duane Underwood Jr, RHSP

    Brian Lawrence, Pitching Coach

    Jimenez, Happ, Caratini and Underwood are among the Cubs Top 10 Prospects, and playing in the AFL should help speed their development.

    Arizona Phil 58 min 15 sec ago view
  • Outstanding.

    Jackstraw 1 hour 11 min ago view
  • So presuming he remains on the MLB Active List for the balance of the MLB regular season, Tommy LaStella will be at 2+102 MLB Service Time at the end of the season, far short of what he would have needed to accrue to have a chance at "Super Two" status post-2016. (Even if he had remained on the MLB Active List for the entire season and finished at 2+124 MLB Service Time, he still would have only been "on the bubble" for possible "Super Two" status post-2016).

    Arizona Phil 1 hour 46 min ago view
  • I don't know about the defensive part of the equation, the fact all the Cubs pitchers are so ahead of their FIP makes me think it's a lot more defense than anything special Hendricks is doing.

    Rob G. 1 hour 50 min ago view
  • Thanks, jacos! I love a good Alice Cooper group performance video -- especially when it corresponds with a shrinking, division-clinching magic number!

    JoePepitone 1 hour 50 min ago view
  • TLS up and playing second today. Spencer Patton to Iowa to make room.

    Rob Richardson 2 hours 24 min ago view
  • Yeah that article describes what I said in my other post about WAR. BR WAR is fine as a snapshot but FG is a better predictor of future performance.

    I also get what you mean by FIP being independent of luck but my point is all the soft contact Hendricks gives up negates a lot of that luck and defense aspect. In other words I believe he could pitch in front of any defense and have similar #s because for the most part he isn't giving up the screaming liners or hard hit liners to the gap.

    johann 2 hours 28 min ago view
  • Down on the farm:

    "Dealin'" Cease with another good outing for Eugene. Last 4 outings: 16IP, 1ER 29K. But, 10BB. Throw strikes, kid.

    Candelario is killing it at Iowa after struggling at AA: .320/.406/.941 in 241AB. At age 22. Where the heck to put him next year?

    billybucks 3 hours 31 min ago view
  • SF now only 1 game ahead of the Cards for home field in the WC game.

    billybucks 3 hours 42 min ago view
  • For a start:

    "lets" should be "let's".

    billybucks 3 hours 43 min ago view
  • FYI: Here's a good link explaining the differences in pitching WAR between Fangraphs and Basebell Reference.

    http://www.crawfishboxes.com/2012/8/28/3273844/which-war-works-best-pitc...

    Rob G. 4 hours 34 min ago view
  • ERA is just FIP with defense and luck. That being said if Hendricks gets his ERA under 2.00, he may have a legit shot.

    That all being said I was looking at Fangraphs WAR and I should have been looking at Basebell Reference WAR because more voters use that. My bad and happy to admit my mistake unlike some people around here that shall not be named (just kidding CRUNCH, CRUNCH, CRUNCH!)

    Rob G. 4 hours 37 min ago view
  • Yes. That is something up with which we will not put.

    fullykräusened 5 hours 47 min ago view
  • Right, then. Moving forward lets focus on simple declarative sentences, subject-verb agreement, and watch out for punctuation. Avoid prepositions at the end of sentences.

    Jackstraw 6 hours 24 min ago view