The Boston Red Sox and Chicago Cubs have reached an agreement on compensation for the hiring of Theo Epstein.
The Red Sox will receive RHP Chris Carpenter and a player to be named later. Carpenter was on the Cubs’ 40 man roster, and was expected to be in the major league bullpen this season. As part of the agreement, the Cubs will also receive a player to be named.
The teams were able to reach an agreement without intervention from MLB Commissioner Bud Selig