Theo Epstein and a PTBNL to Chicago for Chris Carpenter and a PTBNL. Mandatory Credit: Tommy Giglio-US PRESSWIRE

Theo Epstein Compensation Resolved; Red Sox Receive Chris Carpenter, PTBNL

The Theo Epstein Compensation situation is resolved…well kind of resolved.  The Red Sox and Cubs have announced the terms of the Epstein swap; Chris Carpenter and a player to be named later will be heading to Boston in exchange for Theo and a player to be named later.  Obviously, the PTBNL’s hold up a real conclusion to the drawn out negotiations, but Carpenter and Epstein, the main pieces of the deal, are now known.

The Cubs and Red Sox seem to be just as intent on finalizing the trade as fans do.  According to Paul Sullivan of the Chicago Tribune, the PTNBL will be named by April 15.  Jeff Passan of Yahoo! Sports heard from Red Sox general manager Ben Cherington that an agreement will be reached by the end of spring training.

While we don’t know who the PTBNL will be, we do know that Chris Carpenter is now a member of the Red Sox.  The 26-year-old made his major league debut with the Cubs last season, maintaining an ERA and WHIP of 2.79 and 1.966 over his 10 appearances spanning 9 2/3 innings.  Over his four seasons in the minors Carpenter has a career ERA and WHIP of 3.62 and 1.384 with 7.6 SO/9 and 4.2 BB/9.

To make room for the right-hander on their 40-man roster, the Red Sox moved reliever Bobby Jenks to the 60-day disabled list.

For more on the Cubs and Red Sox, be sure to check out Cubbies Crib and BoSox Injection.

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Tags: Bobby Jenks Boston Red Sox Chicago Cubs Chris Carpenter Theo Epstein

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