The Chicago Cubs and the Boston Red Sox have submitted their arguments to league commissioner Bud Selig for the compensation debate, according CBS's Jon Heyman:
#cubs and #redsox have submitted briefs regarding theo compensation, decision could come this week. #theo
— Jon Heyman (@JonHeymanCBS) February 13, 2012
Selig's office will act as an arbiter in the ongoing compensation negotiations. Last October, the Chicago Cubs acquired then-Boston-GM Theo Epstein from the Red Sox, agreeing to offer Boston some form of compensation. The two teams are reportedly far apart, as the Red Sox anticipate an MLB player, while the Cubs appear to want to give much smaller compensation -- a low-level prospect or cash.
The MLB commissioner elected to intervene in January, reportedly asking for lists of players the teams would be willing to offer for fair compensation..
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