Jed Hoyer reaches multi-year contract extension with Cubs

(670 The Score) President of baseball operations Jed Hoyer and the Cubs have reached an agreement on a multi-year contract extension, the team announced Monday afternoon.

Hoyer was working in the final year of his contract. The extension comes just three days ahead of the MLB trade deadline and as the Cubs (62-43) and Brewers (62-43) are set to start a three-game series Monday evening in Milwaukee with first place in the NL Central on the line.

“Jed and his baseball operations staff have built a healthy player development organization and put an exciting, playoff-contending team on the field," Cubs chairman Tom Ricketts said in a statement. "We are looking forward to the rest of the season and to working with Jed for years to come,"

Hoyer, 51, has been with the Cubs since late 2011, when he arrived as general manager. He was hired on by then-president of baseball operations Theo Epstein, and the duo led the Cubs through a rebuilding process that resulted in the franchise's first World Series title in 108 years when it won the title in 2016.

“I’m so grateful for the Ricketts family’s trust and support for 14 years," Hoyer said in a statement. "The Cubs are a special organization with an amazing fan base. I’m excited to keep building on the momentum we have and to work with a terrific baseball operations staff to consistently deliver a championship-caliber team for this great city."

When Epstein stepped down from his role in November 2020, Hoyer was promoted to be president of baseball operations. He soon led the Cubs through another rebuilding process that has included the team missing the playoffs in each of the past four seasons.

The Cubs now boast high hopes to win the division and make a deep postseason run, and Hoyer has been rewarded.

The Cubs and Brewers start their series at American Family Field in Milwaukee on Monday, with first pitch coming at 6:40 p.m. CT. The game can be heard on 670 The Score and the Audacy app.

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