Theo Epstein Compensation: Cubs Send Chris Carpenter To Red Sox

The Chicago Cubs have confirmed they will send 26-year-old right handed pitcher Chris Carpenter to the Boston Red Sox as compensation for Theo Epstein. The deal also includes an exchange of players to be named later, which is expected to be decided by April 15. The Cubs selected the 6'4" Carpenter in the third round of the 2008 amateur draft, and since then he has posted a 21-19 record with a 3.62 ERA and 7.62 SO/9 in 96 games across the minor league system.

Baseball America ranked Carpenter as the No. 13 prospect in the Cubs' system, while John Sickels of SB Nation's Minor League Ball blog ranked the 26 year old pitching prospect as the No. 14 overall player in the Cubs' system, and had this to say:

14) Chris Carpenter, RHP, Grade C+: Power arm pitched poorly in Triple-A bullpen due to command issues but looked much better in Arizona Fall League. Dominant when his command is working.

Epstein, the current President of Baseball Operations for the Cubs, was released from the final year of his contract with the Boston Red Sox and allowed to leave for Chicago, but it took months to figure out the compensation. Now the Cubs will turn to the issue of providing the San Diego Padres compensation for GM Jed Hoyer.

For more on the offseason, stay tuned to SB Nation Chicago. For more from around baseball, head over to Baseball Nation. To keep track of all rumors and happenings in the game, check out MLB Daily Dish.

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