Here’s what Theo Epstein had to offer about the compensation deal, via the Cubs:
“I am relieved that this process is over and particularly pleased that the teams were able to reach agreement on their own without intervention from MLB. I truly hope and believe that this resolution will benefit both clubs, as well as Chris, who is an extremely talented reliever joining a great organization at a time when there’s some opportunity in the major league bullpen.
“More than anything, I’m excited that we can all move forward and focus exclusively on getting ready for the season. I wish Chris and the Red Sox nothing but the best in 2012 and beyond.”