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Chicago Cubs Reward Top Exec Jed Hoyer With Contract Extension

COOK COUNTY, ILLINOIS, JUL 28 – Jed Hoyer secured a multi-year extension after building a top contender with the Cubs tied for the best National League record and boasting a +116 run differential, team officials said.

  • The Chicago Cubs announced on Monday that they have secured Jed Hoyer, their president of baseball operations, with a new contract that will keep him with the team for multiple years.
  • Hoyer, who became part of the Cubs organization in 2011 and was elevated to president in 2020 after Theo Epstein’s exit, was approaching the end of his current contract.
  • The Cubs, tied with the Milwaukee Brewers atop the National League Central with a 62-43 record through Monday, have built a strong player development system under Hoyer's leadership.
  • Cubs Executive Chairman Tom Ricketts praised Jed and his team for establishing a strong system for developing players and assembling an exciting team that is competing for a playoff spot.
  • The contract extension settles questions about Hoyer’s future as the Cubs strive to build on their success and qualify for the postseason for the first time since the 2020 season.
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Cubs agree to contract extension with president of baseball operations Jed Hoyer

The Chicago Cubs have locked in president of baseball operations Jed Hoyer for the long term, agreeing to a multiyear contract extension.

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Forbes broke the news in United States on Monday, July 28, 2025.
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