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Jed Hoyer, Jason McLeod Agree to New Contracts with Cubs: Details, Reaction

After locking up president Theo Epstein, the Chicago Cubs are keeping the rest of their dynamic front-office trio together with extensions for general manager Jed Hoyer and vice president Jason McLeod.  

According to the Cubs' official Twitter account, Hoyer and McLeod each received five-year extensions through 2021. 

The trio of Epstein, Hoyer and McLeod joined the Cubs in October 2011 after previously working together with the Boston Red Sox from 2003 to 2009. 

As part of the team's announcement on Friday, Epstein praised the work of Hoyer and McLeod to help make the Cubs into what they are, per Carrie Muskat of MLB.com:

Jed and Jason are simply the best at what they do and have played fundamentally important leadership roles in helping the Cubs build a healthy and thriving organization. We feel honored to have the stability and support that we enjoy throughout baseball operations and look forward to many years of working together in Chicago.

Epstein received his own five-year extension from the Cubs on Wednesday. Bob Nightengale of USA Today reported it could be in excess of $50 million. 

Since this new front-office regime has taken over in Chicago, the Cubs have become the model franchise in Major League Baseball. They have hit big with draft picks such as Kris Bryant and Kyle Schwarber as well as shrewd trades that landed Jake Arrieta, Addison Russell, Anthony Rizzo and Kyle Hendricks. 

Those personnel moves, along with the development of players who were previously in the system such as Javier Baez and Willson Contreras, have led the Cubs to their first regular season with at least 100 wins since 1935. 

Given the volume of young talent already on the Cubs roster, as well as the franchise's knack for drafting and developing in the minors, the success of the last two years is only the beginning of what Epstein, Hoyer and McLeod are capable of when they are working together. 

Read more MLB news on BleacherReport.com

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