Chicago Cubs: Theo Epstein Compensation Saga Over...Sort of

Jim WeihofenCorrespondent IFebruary 21, 2012

CHICAGO, IL - JUNE 14:  Chris Carpenter #60 of the Chicago Cubs, making his Major League debut, pitches against the Milwaukee Brewers at Wrigley Field on June 14, 2011 in Chicago, Illinois. The Cubs defeated the Brewers 5-4 in 10 innings.  (Photo by Jonathan Daniel/Getty Images)
Jonathan Daniel/Getty Images

The Cubs and Red Sox finally made a decision on the compensation for Theo least, part of a decision. As was reported by both Paul Sullivan and Carrie Muskat on their respective Twitter accounts, the main piece of compensation for Theo will be reliever Chris Carpenter. Both add the inclusion of a player to be named later, though Muskat adds that a PTBNL will also come to the Cubs from Boston.

While the matter was to be handled by commissioner Bud Selig, Muskat adds that it was the two front offices that were able to come to this agreement.

In Carpenter, the Cubs dealt from strength, giving up a young reliever with a very live arm. Carpenter's average fastball velocity in 2011 was an amazing 97.1 miles per hour, tied for seventh in the league with Pirates closer Joel Hanrahan.

Despite the great fastball, Carpenter just made it up to the big leagues this past season at 26. This was also his first full season as a reliever, allowing him to let loose and light up the radar gun. However, he has a violent motion and is seen as a serious injury risk.

In many ways, giving up a player on the 40-man roster helps the Cubs. With many non-roster players looking like serious candidates for a spot on the MLB roster, it clears at least one spot for guys like Blake DeWitt, Ryan-Rowland Smith, Manny Corpas, Rodrigo Lopez, Jason Jaramillo, Alfredo Amezaga and old fan favorite Bobby Scales.

Who the players to be named later are will be seen, though don't expect much out of either of them. The Cubs will likely target a "Theo" player who the new Boston regime isn't nearly as fond of.

Muskat further tweeted that the PTBNLs will be settled by April 15, along with the Hoyer/McLeod compensation.