Epstein still awaiting compensation decision

MESA, Ariz. -- Amid rumors that the Chicago Cubs compensation obligation to the Boston Red Sox for Theo Epstein could be decided soon, the club’s new president of baseball operations said nothing has been finalized.

“I’ve been in a meeting the last 3½ hours but I don’t think it’s been settled,” Epstein said Saturday, the scheduled day for the team’s pitchers and catchers to report to spring training. “But hopefully it will be here sometime soon.”

Commissioner Bud Selig got involved in the compensation decision since the Cubs and Red Sox failed to reach an agreement. The compensation for the Cubs is in exchange for hiring Epstein, who had one more year on his contract as Red Sox general manager.

Asked if he could clairify the process Selig will use to decide what type of player compensation the Red Sox will receive, Epstein declined to give any insight.

“I think those questions are probably best directed at Major League Baseball,” he said.