Chicago Cubs chairman Tom Ricketts says the team's performance convinced him extending president of baseball operations Jed Hoyer's contract was the right thing to do.

The Chicago Cubs have locked up their top baseball operations executive. The Cubs and team president of baseball operations Jed Hoyer have agreed to a multi-year contract, the team announced Monday. Hoyer's contract was set to expire after this season.

The Chicago Cubs signed president of baseball operations Jed Hoyer to a multi-year contract extension Monday afternoon, just a few days before the 2025 MLB trade deadline.