Jed Hoyer is sticking around in Chicago.
The Cubs reached a multi-year extension with their president of baseball operations on Monday afternoon, the team announced. Specifics of his new deal are not yet known, though his current contract with the Cubs was set to expire after this season.
“Jed and his baseball operations staff have built a healthy player development organization and put an exciting, playoff contending team on the field,” chairman Tom Ricketts said in a statement. “We are looking forward to the rest of hte season and to working with Jed for years to come.”
Hoyer has been with the Cubs since 2011, which makes him one of the longest-tenured front office executives anywhere in the league. He joined the franchise alongside then-president Theo Epstein as their general manager, and helped orchestrate the team’s World Series win in 2016. That snapped a championship drought that went on for well over a century. Hoyer then took over as the team’s president after the 2020 campaign when Epstein stepped down, and he signed a new five-year deal at the time.
Hoyer largely broke up the Cubs’ World Series group during his first season at the helm, too, sending away Anthony Rizzo, Javier Báez and Kris Bryant in quick succession ahead of the 2021 trade deadline. But now several years later, the Cubs are back in the mix with several new young starts — including NL MVP candidate Pete Crow-Armstrong, who was part of those trades four years ago. Hoyer also hired manager Craig Counsell to take over in 2024.
Though the Cubs haven’t made the playoffs under Hoyer’s leadership in the role yet, the team holds a 62-43 record entering Monday’s game against the Milwaukee Brewers. They are tied for first in the NL Central race with the Brewers, too, which is something they haven’t won since 2020.
While they aren’t quite back to where they were a decade ago, the Cubs clearly believe that Hoyer is the man to get them there once again.
