Two months later, nothing from the Cubs

Today marks the two-month anniversary of Theo Epstein resigning as general manager of the Red Sox so he could become president of baseball operations of the Cubs.

Here is part of the joint statement released by the teams that day:

The clubs also have reached an agreement regarding a process by which appropriate compensation will be determined for the Red Sox and that issue will be resolved in the near term.

On Oct. 23, commissioner Bud Selig said the teams had until Nov. 1 to make a deal or he would step in and mediate. That deadline came and went without comment or action from the commissioner.

On Nov. 2, Sox GM Ben Cherington said the teams would “get a little more time” to work something out.

On Nov. 9, Cherington said the sides would talk at the GM meetings the following week.

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On Nov. 17, Epstein said the sides had agreed to table their talks until after the Rule 5 draft at the winter meetings Dec. 8.

On Dec. 15, Cherington said, “I think sometime in the next 15 to 20 years we should have a resolution. I think at some point this offseason we will put that to bed. People get tired of this answer but it’s mostly because we’ve had other things to do.”

Eventually — we foolishly assume — the Red Sox will get a player from the Cubs. It probably will be a minor leaguer with a wooden leg or something along those lines. It’s totally unrealistic to think the Red Sox will get anything of value at this stage. Whatever leverage they had vanished the second they let Epstein walk out the door.

Don’t blame Cherington. If the Red Sox owners were serious about getting compensation for Epstein — and you can debate whether they were due any given that he was getting a promotion — then they should have been serious about obtaining that compensation.

It’s a farce at this point. Have Theo send them a deep dish pizza and be done with it.

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