Jed Hoyer will remain in his role in Chicago.
The Cubs and their president of baseball operations agreed to a multi-year contract extension on Monday, the team revealed. The precise details of the agreement are not yet public, but Hoyer’s existing contract with the Cubs was slated to conclude after the current season.
“Jed and the members of his baseball operations division have established a robust player development system and assembled a thrilling team that is in contention for the playoffs,” chairman Tom Ricketts stated in a release. “We eagerly anticipate the remainder of the current season and our continuing collaboration with Jed in the years ahead.”
Hoyer’s association with the Cubs dates back to 2011, making him one of the longest-serving front-office figures in Major League Baseball. He initially joined the organization as general manager, working alongside then-president Theo Epstein, and played a key role in constructing the team that triumphed in the 2016 World Series. This victory ended a championship wait that spanned more than a century. Hoyer succeeded Epstein as team president following the 2020 season, upon Epstein’s resignation, and at that time, he committed to a five-year contract.
Hoyer oversaw a significant reshaping of the Cubs’ World Series-winning core during his inaugural season as president, parting ways with Anthony Rizzo, Javier Báez, and Kris Bryant in rapid succession leading up to the 2021 trade deadline. After a span of four years, the Cubs have re-emerged as a competitive force, fueled by a wave of promising young players, including NL MVP hopeful Pete Crow-Armstrong, who was acquired in the transactions four years ago. Furthermore, Hoyer appointed Craig Counsell as manager in November of 2023.
Although the Cubs haven’t yet reached the postseason during Hoyer’s tenure as president, the team boasts a 62-43 record as they head into Monday’s contest against the Milwaukee Brewers. They are currently level with the Brewers atop the NL Central standings, a division title they last claimed in 2020.
Despite not yet fully replicating their success from a decade prior, the Cubs clearly have faith in Hoyer’s ability to guide them back to that level of achievement.
