Source: Hoyer, McLeod set with Cubs

CHICAGO -- San Diego Padres general manager Jed Hoyer and assistant GM Jason McLeod have been in Chicago the past three days and are expected to be added to the staff of new Chicago Cubs president of baseball operations Theo Epstein no later than Monday, a source close to the situation said.

The Cubs held a news conference Tuesday to introduce Epstein, whose first job will be to preside over the news conferences introducing Hoyer and McLeod, who have been meeting with Epstein and Cubs officials, the source said.

The Cubs and Padres have worked on proper protocol and compensation for Hoyer to move to Chicago, the source said.

Padres CEO Jeff Moorad and Cubs chairman Tom Ricketts enjoy a solid relationship. Ricketts met with Moorad on the last day of the regular season, Sept. 28, in San Diego.

Hoyer was named the Padres GM in 2010 after working with Epstein in Boston, beginning in 2002.

McLeod's expertise is in amateur scouting. He is given credit for stocking and fortifying the Red Sox farm system under the guidance of Epstein and Hoyer.

A major league source with knowledge of negotiations between the Cubs and Padres said compensation will come in the form of a lesser player than the one who will go to Boston as compensation for Epstein.

Epstein was non-committal Tuesday when asked about hiring a GM. He did not say he wouldn't hire a top baseball executive under him.

Hoyer planned on returning to San Diego on Tuesday afternoon.

Bruce Levine covers baseball for ESPNChicago.com and ESPN 1000.