Monday, November 23, 2020 4:14 PM EST
By BEN NUCKOLS, AP
Jed Hoyer has a new contract to go with his new position with the Chicago Cubs. The team announced Monday it had agreed to a five-year deal with Hoyer that runs through the 2025 season. The 46-year-old Hoyer was promoted to president of baseball operations when Theo Epstein stepped down last week. Hoyer could end up overseeing a major roster overhaul in Chicago. Team chairman Tom Ricketts has spoken about his desire to avoid paying baseball’s luxury tax for big-spending clubs, and core players Javier Báez, Kris Bryant, Anthony Rizzo and Kyle Schwarber will all become free agents after next season.