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Source: Cubs set to hire Theo Epstein

Updated: October 21, 2011, 9:42 AM ET
By Bruce Levine | ESPNChicago.com

The Chicago Cubs and Boston Red Sox are finalizing a deal that would make Theo Epstein the Cubs' president of baseball operations, according to a baseball source.

The source said it could happen Thursday, but as of early Friday morning, the deal was not done.

A source with knowledge of the negotiations said: "The two sides are on the 5-yard line." Major League Baseball already has told the Cubs that they can have a news conference Friday to introduce Epstein, according to a ...

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