The Theo Epstein deal between the Cubs and Red Sox is officially done.
Chicago sent right-handed pitcher Chris Carpenter and a player to be named later to the Boston Red Sox for another to-be-named player, the Cubs announced Tuesday. The trade means the Red Sox have been full compensated for Theo Epstein, now-Cubs team president of baseball operations.
Both clubs agreed to the transaction, the Cubs said in a news release.
“I am relieved that this process is over and particularly pleased that the teams were able to reach agreement on their own without intervention from MLB,” Epstein in a statement.
“I truly hope and believe that this resolution will benefit both clubs, as well as Chris, who is an extremely talented reliever joining a great organization at a time when there's some opportunity in the major league bullpen.”
The deal to bring Boston's general manager to Chicago initially took days of tense back-and-forth negotiation. At one point baseball commissioner Bud Selig suggested he may need to step in to mediate.
In the end Epstein was introduced to Cubs fans in October and he said Tuesday he's excited to move forward and get ready for the season.