37-year old Theo Epstein and the Chicago Cubs have agreed to terms on a five-year deal that is worth over $15M, reports The magic that Theo brought to Boston may have run out, with two-straight third-place finishes and no playoff wins since 2008.

But that doesn’t even register as a dry spell for the Cubbies.

The Cubs fired Jim Hendry as GM in August (actually earlier, but he was kept on through the trade deadline) and Epstein’s name came up almost immediately. Epstein was at the helm when the Red Sox ended their famous championship drought in 2004 with acquisitions like Curt Schilling, Orlando Cabrera and even Dave Roberts. 2007 saw another championship in Beantown.

The Cubs have a championship drought of their own going. You might have heard. With several high-profile bad contracts on the roster, Epstein has his work cut out for him in Chicago. If he can deliver a World Series title that the North Side hasn’t seen in over a century, Theo Epstein will be the gold standard of GM’s for years to come.

BIZOFBASEBALL.COM – How Long Will It Take?
Theo Epstein’s transaction history (From via Steal of Home)