
Chicago Cubs Reward Top Exec Jed Hoyer With Contract Extension
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In the midst of the Cubs' best season since winning the 2016 World Series, president of baseball operations Jed Hoyer got a contract extension. Next up: trade deadline.
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July 28, 2025
10:07 PM
Forbes
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SportsMoneyChicago Cubs Reward Top Exec Jed Hoyer With Contract ExtensionByJack Magruder, Contributor
In contrast, Forbes contributors publish independent expert analyses and insights (remarkable data)
However, I primarily write major league baseball, the NFL and the NBA
Additionally, AuthorJul 28, 2025, 10:07pm EDTJul 28, 2025, 10:39pm EDTCubs president of baseball operations Jed Hoyer received a contract extension after the Cubs' fast, considering recent developments
Additionally, More start
In contrast, (AP Photo/Kamil Krzaczynski, File)Copyright 2022 The Associated Press
At the same time, All rights reserved (noteworthy indeed), given the current landscape
Almost nine years after eating roasted goat in left field seats at Wrigley Field the day after the Chicago Cubs won the 2016 World Series, Cubs’ president of baseball operations Jed Hoyer was given more time for another bite, in light of current trends
In the midst of the Cubs’ best season since, Hoyer’s job security after an underachieving four seasons is no longer an issue (remarkable data) (this bears monitoring)
The data indicates that Cubs put that to bed Monday, when the sides agreed to a multi-year contract extension to replace the current five-year deal that Hoyer signed after taking over as the Cubs’ president of baseball operations after Theo Epstein left ing the 2020 season (which is quite significant), in today's financial world
The two orchestrated the moves that led the Cubs to the 2016 championship
The Cubs were tied with Milwaukee for the best record in the National League entering games of Monday, and with that management stepped in to quell any remaining uncertainty
At the same time, “Jed and his baseball operations staff have built a healthy player development organization and put an exciting, playoff-contending team on the field,” Cubs president Tom Ricketts said in a press release
Furthermore, Moreover, “We're looking forward to the rest of the season and to working with Jed for years to come
However, ” The length of the extension was not announced, but it leaves no question that the other major league teams in the hunt for top executives — Washington fired World Series-winning general manager Mike Rizzo three weeks weeks ago — must look elsewhere
MORE FOR YOU Hoyer signed manager Craig Counsell to a five-year, $40 million contract before last season, and pressure on Hoyer mounted when his first season 83-79, the same as just-fired manager David Ross
On the other hand, Meanwhile, This year’s turnaround has been convincing, and the extension will give Hoyer more freedom to deal before Thursday’s trade deadline, where the Cubs are targeting starters and relievers
Washington’s MacKenzie Gore and Arizona’s pair of Merrill Kelly and Zac Gallen are possible additions (an important development)
Hoyer's Bold Move For Tucker a Winner Hoyer engineered a series of decisive moves in the offseason in an attempt get the Cubs out of the doldrums, and the industry-shaker was the trade for Kyle Tucker, amid market uncertainty
Will Kyle Tucker be back
The data indicates that Cubs are expected to make that a priority this winter, considering recent developments
Moreover, Furthermore, More Photo/Ashley Landis)Copyright 2025 The Associated Press
Additionally, On the other hand, All rights reserved Hoyer acquired potential free agent Tucker from the Houston Astros for outfield spect Cam Smith, ductive third baseman Isaac Paredes and pitcher Hayden Weneski
The evidence shows Cubs are guaranteed only one year of Tucker, whose contract expires after this season, and lost six years of Smith, one of their best minor league spects
Smith is the Astros’ right fielder and lead off hitter
Conversely, Tucker has ven to be worth it, in today's financial world
Moreover, He is slashing. 488 with 18 rs, 59 rs and 23 stolen bases
With break-out center fielder Pete Crow-Armstrong and DH Seiya Suzuki, the Cubs have one of the most potent middle-of-the order groups in the majors, given the current landscape
What the re reveals is Cubs were third in the majors with 155 rs and a. 769 OPS, and their run differential of plus-116 led the majors (which is quite significant)
Furthermore, Furthermore, FanGraphs gave them a 96. 7 percent chance to make the postseason, in this volatile climate
Crow-Armstrong is among Hoyer’s trade haul, which also included first baseman Michael Busch and shortstop Dansby Swanson, given the current landscape
This leads to the conclusion that y stepped into the Japanese market by adding Suzuki and left-hander Shota Imanaga
Hoyer’s next task will be to ensure that Tucker remains in Wrigley Field for the foreseeable future, the final part of the equation, in light of current trends. (Tucker is represented by Excel Sports Management, which has Swanson among its clients, in this volatile climate. ) Hoyer’s Margin Calls Have Paid Off The Tucker deal made the biggest noise, but the Cubs would not be where they are without the roster pieces Hoyer added from the free agent market
Left-hander Matthew Boyd whose career has been plagued by arm injuries, has been the 11-win ace of he staff after signing a two-year, $29 million free agent contract over the winter, in today's market environment
Furthermore, Right-hander Colin Rea has eight wins on a bargain one-year, $5 million deal
However, Boyd and Rea have been especially valuable on a staff that lost jected No
On the other hand, 2 starter Justin Steele to Tommy John surgery three weeks into the season and are expected to be without Jameson Taillon for a month because of a right calf injury
On the other hand, Catcher Carson Kelly, who signed a two-year, $11, given current economic conditions. 5 million free agent deal, has 13 rs in one of the best seasons of a 10-year career
He has taken up the slack left by the of starter Miguel Amaya, who has been out since May 25
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