Thread: Bo Sox's GM Theo Epstein resigns
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Old 10-31-2005, 07:20 PM
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Exclamation Epstein Quits Sox - Leaves $1.5 Million on Table
Theo Epstein just resigned as General Manager of The Red Sox.

This is a huge shock as only as recently as this morning the Boston Globe was reporting the deal was done on a $1.5 Million per year contract that would have kept Theo with the Red Sox for at least 3 more years.

Widely hailed as the architect of the squad of "idiots" that finally broke the Red Sox curse, Epstein was previously paid $350,000 per annum. He had been seeking compensation more in line with league leading GM Cashman of the Yankees, the Sox ancient nemesis.

Precise reasons behind Epstein's resignation presently remain unclear, though one The Boston herlad indicates that personality conflicts with Larry Lucchino may be the root of the undoing of what looked like a sealed deal as of this morning. From The Seattle Post-Intelligencer.

Quote:
GM Theo Epstein walks away from Red Sox
By JIMMY GOLEN
AP SPORTS WRITER
<!--BEGIN ARTICLE--> <!--IMAGE--> <table align="right" border="0" cellpadding="0" cellspacing="0" width="230"> <tbody><tr valign="top"><td width="10"> </td><td></td></tr> <tr><td width="10"> </td><td>Boston Red Sox general manager Theo Epstein speaks at a news conference in Boston in this June 3, 2003 file photo. Epstein resigned Monday, Oct. 31, 2005, a stunning move that surprised the baseball world one year after he helped build Boston's first World Series championship team since 1918. (AP Photo/Elise Amendola) </td></tr></tbody> </table> <!--END IMAGE--> BOSTON -- Red Sox general manager Theo Epstein resigned Monday, a stunning move that surprised the baseball world one year after he helped build Boston's first World Series championship team since 1918.
The 31-year-old Epstein was reportedly offered about $4.5 million for a three-year extension - quadruple his previous salary. But it was still short of the $2.5 million a year the Red Sox offered Oakland's Billy Beane in 2002 before making Epstein the youngest GM in baseball history.
"He did resign," Red Sox spokesman Charles Steinberg said.
According to the Boston Herald, which first reported the news on its Web site, Epstein went through "agonizing soul-searching" as he considered whether to continue working for team president Larry Lucchino, whom he followed from Baltimore to San Diego to Boston.
From the Boston Channel
Quote:
Epstein Resigns As Sox GM

Epstein's Contract Expires At Midnight Monday

POSTED: 5:41 pm EST October 31, 2005
UPDATED: 6:14 pm EST October 31, 2005
<!--startindex-->BOSTON -- Theo Epstein resigned as general manager of the Boston Red Sox Monday after failing to agree on a new contract with ball club.Epstein's contract, signed in 2002, expires at midnight on Oct. 31. He resigned from his post late Monday afternoon. The team released a statement that said Epstein, 31, will continue to work with the team for the next few days to "assist in an orderly transition" with off-season activities and to prepare for upcoming general manager meetings.A report in the Boston Herald said that Epstein was concerned about his relationship with the team's owners. The article said that Epstein was upset about a column in the Boston Sunday Globe about his relationship with team president Larry Lucchino, and thought that the column signaled bad faith from the ownership group.Epstein and Lucchino had several negotiating sessions during the past week trying to come to an agreement on a new deal.Reports from most major media sources earlier in the day indicated that Epstein was close to signing the new deal worth about $1.5 million a year for three years.There are general manager vacancies several major league teams, including the Los Angeles Dodgers, Philadelphia Phillies and Tampa Bay Devil Rays.In 2004, Epstein became the youngest general manager to win the World Series. He also signed slugger David Ortiz for just more than $1 million after Ortiz was released by the Minnesota Twins.Epstein was the league's youngest general manager in history when he was appointed at age 28. He described the position as his dream job, having grown up in Brookline, Mass., just down the street from Fenway Park.Epstein is expected to make a statement on his decision Monday night.
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