Theo Epstein Steps Down As Cubs’ President (www.mlbtraderumors.com)

Theo Epstein has stepped down as the Cubs’ president of baseball operations, as per a team announcement.  The move is effective as of November 20.  General manager Jed Hoyer will step into Epstein’s role.

Epstein issued the following statement:

For the rest of my life, I will cherish having been part of the great Chicago Cubs organization during this historic period.  All of the things that have made this experience so special — the fans, the players, the managers and coaches, ownership, my front office colleagues, the uniqueness of the Wrigley experience, the history — make it so tough to leave the Cubs.  But I believe this is the right decision for me even if it’s a difficult one.  And now is the right time rather than a year from now.  The organization faces a number of decisions this winter that carry long-term consequences; those types of decisions are best made by someone who will be here for a long period rather than just one more year.  Jed has earned this opportunity and is absolutely the right person to take over this baseball operation at such an important time.

 

More analysis to come…