Update on Theo compensation issue

578516.png

Update on Theo compensation issue

The Theo Epstein compensation issue is still unresolved, but things may be getting close.

No, Jim Hendry going to the Yankees doesn't count, even if spurned Cubs fans believe that will make the Red Sox's most hated rival weaker.

Theo was in Boston Monday night for a Hot Stove Cool Music panel discussion at Fenway Park's State Street Pavilion along with Boston general manager Ben Cherington and field manager Bobby Valentine. Pirates GM Neal Huntington, Yankees outfielder Curtis Granderson, MLB Network's Sean Casey and Peter Gammons were also in attendance.

Both Cherington and Theo discussed the compensation issue, though neither really divulged new information.

"Seems like it should be coming to an end sometime soon," Theo said, then added that "no one has really talked about it much."

Cherington explained he had nothing new to add but did touch on the gap between the two sides.

"It's hard to quantify," Cherington said. "It's just a disagreement. There was an expectation when Theo left that the Red Sox would receive significant compensation for allowing the Cubs to hire him and we haven't been able to agree on what 'significant compensation' means."

The Chris Sale trade had a major impact on the 2017 World Series odds

The Chris Sale trade had a major impact on the 2017 World Series odds

When the White Sox traded Chris Sale to the Red Sox Tuesday, it shook up the balance of power around Major League Baseball.

Wednesday morning, that power shift was present in Bovada's 2017 World Series odds.

On Nov. 3 (the day after the World Series ended), the Cubs were the frontrunners for the 2017 World Series at 7/2 odds. The Boston Red Sox were right behind at 9/1.

After acquiring Sale, the Red Sox have now bumped up to 11/2 odds to win it all while the Cubs have gone down slightly to 15/4.

[Complete coverage of the White Sox-Red Sox Chris Sale blockbuster trade]

Here is the complete list of the Top 5 odds, as of Wednesday morning:

1. Cubs - 15/4
2. Red Sox - 11/2
3. Nationals - 9/1
4. Indians - 12/1
5. Astros - 12/1

The Cubs' odds may also see a boost if/when the Wade Davis trade becomes official.

On the other hand, the White Sox odds fell from 40/1 the day after the 2016 World Series to 66/1 Wednesday morning after dealing away Sale.

Of course, Sale is only one player, but it's more so the Sox trading him away is a clear indication they are not "going for it" in 2017 for the major decrease. If the Sox continue to sell, look for those odds to fall even further.

As of Wednesday morning, the Colorado Rockies (before they signed Ian Desmond to a five-year deal), Arizona Diamondbacks, Cincinnati Reds and San Diego Padres were the only teams with lower odds to win a championship in 2017 than the White Sox.

Cubs officially trade Jorge Soler to Royals for Wade Davis

Cubs officially trade Jorge Soler to Royals for Wade Davis

It appears as if the Cubs have answered two big questions surrounding Joe Maddon's team this winter.

With so many solid options in the fold to play everyday in the lineup, the Cubs now reportedly have one less guy to worry about in the outfield and one more pitcher to add into the late-inning mix.

USAToday's Bob Nightengale reported late Tuesday night the Cubs and Kansas City Royals had a deal in place with pitcher Wade Davis coming to Chicago and Jorge Soler acting as the return piece, though the deal did not become official until Wednesday afternoon:

[RELATED - Wade Davis trade would give Cubs a proven October closer]

As Nightengale also said, the Cubs gave up a lot for Davis, who will become a free agent after the 2017 season and was limited to only 43.1 innings in 2016 due to forearm issues:

Soler has struggled to stay healthy and cash in on his enormous potential during his two-plus years in the big leagues with the Cubs, but he is still young (he'll turn 25 in February) and won't become a free agent until after the 2020 season.

The main question with Soler entering 2017 was going to be where he would play — and how often — given Kyle Schwarber, Jason Heyward, Jon Jay and Albert Almora were already in the outfield mix and the anticipation Ben Zobrist would also see some time in the outfield with Javy Baez locking down second base.

It's no surprise to see Soler dealt this winter, but as David Kaplan said on Tuesday's CubsTalk podcast, Theo Epstein's front office is all about years of control, but if the deal goes through, they will have traded four years of control of a guy who was their top trade chip for only a year of control on a relief pitcher who has averaged only 61 innings per season the last three years.

However, if the 31-year-old Davis is truly the only return, he helps give the Cubs a boost in 2017.

[SHOP CUBS: Get your Cubs gear right here]

Davis — who spent the first four years of his big-league career pitching for Maddon in Tampa Bay — has emerged as one of the premier relief pitchers in baseball over the last three years.

In that span, Davis tallied a 19-4 record with 47 saves in 54 chances, a 1.18 ERA and sparkling 0.892 WHIP. He also struck out 234 batters in 182.2 innings while giving up just three homers. 

As the Cubs look to defend their first World Series title in more than a century, Davis would help shore up the bullpen and given his past experience, would figure to be able to pitch more than just the ninth inning come playoff time (if healthy). Davis would add another elite option alongside Hector Rondon, Pedro Strop and Carl Edwards Jr. in Maddon's remodeled bullpen.

Soler should benefit from a clear path to consistent playing time with the Royals, especially moving to the American League where he can slot in at designated hitter which may ultimately be his best position.