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Selig says he will settle Epstein compensation issue

Posted by Peter Abraham, Globe Staff  January 28, 2012 12:09 PM

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Stop me if you're heard this before — which you have — but Bud Selig says he will be deciding the compensation between the Cubs and the Red Sox sometime soon.

The commissioner was in Chicago yesterday for the White Sox fan fest and spoke to some reporters there. This from the AP story:

Selig said he'd like to have it done as quickly as possible. He said he gave the clubs more latitude in hopes they'd reach an agreement, but they couldn't. Selig said now it's his decision.

The Cubs agreed to pay "significant" compensation for Theo Epstein in return for his skipping out on the Red Sox with a year left on his contract to become Chicago's president of baseball operations. Then the Red Sox allowed Epstein to resign and join the Cubs before the matter was settled.

The teams have since failed to strike a deal.

Selig also said it was likely baseball would add the second wild card for the 2012 season.

“Clubs really want it. I don’t think I’ve ever seen an issue that the clubs want more than to have the extra wild card this year," he said. "We’re working on dates right now. That’ll all take place. It looks to me like we’ll have it because I’ve told everybody we have to have it. It’ll be exciting. One-game playoff, it will start the playoffs in a very exciting manner."

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