Cubs Give Jed Hoyer Five-Year Contract

Cubs team president Jed Hoyer agree to five-year extension Chicago Cubs Jed Hoyer

Cubs team president Jed Hoyer agree to five-year extension Chicago Cubs Jed Hoyer

Forty-six-year-old Jed Hoyer reached an agreement with the MLB's Chicago Cubs to become their new president of baseball operations with a five-year contract, announced the team on Monday.

Hoyer takes over from Theo Epstein who stepped down last week and left quite a lot for Hoyer to deal with.

Hoyer could end up shepherding the Cubs' roster through significant turnover.

Hoyer doesn't have the easiest of tasks going forward, as the Cubs have to make major decisions regarding their core of Javier Baez, Anthony Rizzo, Kris Bryant, Kyle Schwarber and Willson Contreras. The pair worked together for 17 of the past 19 years in Boston and Chicago.

Hoyer told reporters he will be doing the search for the team's new general manager. I want to find the right person at the right time. "As far as filling that job from the outside, that is my expectation".

Prior to joining the Cubs, Hoyer served as general manager of the Padres for the 2010-11 seasons, and in 2010 guided the club to its fourth 90-win campaign in the franchise's 42-year history despite featuring the lowest payroll in baseball.

Epstein and Hoyer were known for heavy reliance on analytics.

A native of Plymouth, N.H., Hoyer is a graduate of Wesleyan University, where he helped lead the Cardinals to the championship game of the NCAA Division III World Series in 1994 as a pitcher and shortstop.

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