Cubs, Jed Hoyer Agree to Five-Year Extension

The Cubs have signed their new leader to a five-year contract.

by
Ron Luce
November 23, 2020

After Theo Epstein announced he was stepping down as President of Baseball Operations last week, the Cubs handed the keys over to Jed Hoyer to assume the role.

The Cubs doubled down on their plan today by signing Jed Hoyer for five years to be the top baseball executive in the Cubs organization.

The Cubs and President of Baseball Operations Jed Hoyer have agreed to terms on a new five-year contract that runs through the 2025 season. pic.twitter.com/OnF2eB04g3
— Chicago Cubs (@Cubs) November 23, 2020

Jed Hoyer began his baseball executive career with Theo Epstein back in Boston in 2002. Hoyer spent seven seasons with the Red Sox organization before going leaving to become the San Diego Padres’ general manager.

Famously, Hoyer left his role with the Padres to re-unite with Theo Epstein in Chicago and together they built the Cubs into what they are today. The 46-year-old now assumes his first role as President of Baseball Operations and has been handed a five-year contract to continue building and running the Chicago Cubs.