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Cubs Extend Jed Hoyer With Multi-Year Deal as Trade Deadline Looms

The extension secures leadership continuity for the 62-43 club preparing targeted moves to bolster its NL Central-leading playoff bid.

Nov 13, 2023; Chicago, Illinois, USA;
Chicago Cubs president of baseball operations Jed Hoyer speaks before introducing Craig Counsell as new Cubs manager during a press conference in Chicago. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports
Jul 3, 2025; Chicago, Illinois, USA; Chicago Cubs president of baseball operations Jed Hoyer speaks before a baseball game between the Chicago Cubs and Cleveland Guardians at Wrigley Field. Mandatory Credit: Kamil Krzaczynski-Imagn Images/File Photo
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Overview

  • On July 28, the Cubs locked in President of Baseball Operations Jed Hoyer to a multi-year contract before his agreement expired at season’s end.
  • Financial details and the duration of Hoyer’s new deal have not been disclosed, removing doubts about front-office leadership ahead of the July 31 trade deadline.
  • With five prospects ranked among MLB’s Top 100, the Cubs possess farm-system depth to pursue pitching reinforcements at the deadline.
  • Executive chairman Tom Ricketts praised Hoyer for building "a healthy player development organization" and sustaining a competitive, playoff-contending roster.
  • Hoyer’s offseason acquisitions—including star outfielder Kyle Tucker—and the emergence of Pete Crow-Armstrong underscore his aggressive roster-building strategy.