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Selig sets a deadline for Red Sox, Cubs

Posted by Peter Abraham, Globe Staff  October 23, 2011 09:52 PM

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ARLINGTON, Texas — Commissioner Bud Selig has given the Red Sox and Cubs a Nov. 1 deadline to determine compensation for Theo Epstein.

If no deal is struck by then, Selig will step and mediate.

Epstein resigned from the Red Sox on Friday to become president of baseball operations of the Cubs. He will negotiate the compensation for his services with his successor with the Sox, Ben Cherington.

“They have until Nov. 1, Theo and Ben and all the other parties involved," Selig said tonight before Game 4 of the World Series. “Hopefully they can get things done. I always encourage clubs to try to get things done between themselves. Somehow, the commissioner has enough things of controversy.

“They'll either get it done or they won't. If they don't, then I will.”

The teams have suspended talks until after Epstein is introduced in Chicago on Tuesday and Cherington officially takes over in Boston. From that point, they would have six days to make a deal.

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Hat tip to Sean McAdam of Comcast, who was one of the reporters who spoke to the commissioner.

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