According to Jon Heyman, Red Sox owner John Henry did not sound thrilled about receiving Chris Carpenter as compensation for allowing Theo Epstein to walk one year early on his contract.
Per WEEI in Boston, Henry said there was a "fundamental misunderstanding" with the Cubs on Theo compensation. That has been obvious from the start. That misunderstanding stems from this: Henry and Larry Lucchino have clung to the word "significant" as if it had some iron-clad, universal meaning. And that meaning to them was a top player or prospect that would completely blow away any sort of historical precedent.
Both teams made an error in my opinion. Cubs owner Tom Ricketts made a mistake when he met with Epstein and came to an agreement with him before deciding compensation. The Cubs should have decided something beforehand, but their eagerness to land Epstein caused them to jump the gun. They gained a reprieve when Commissioner Bud Selig let Epstein go to the Cubs before compensation was decided, effectively taking away the tremendous leverage the Red Sox built by letting the Cubs agree to terms first.
The Red Sox mistake was letting the Cubs talk to Theo in the first place. The time to haggle over compensation was before allowing them to talk because there would have been little Selig could do. The Red Sox were under no obligation to give permission and they could have denied it until they got the player they wanted. Theoretically, anyway. Perhaps if the price were too high, Ricketts would have turned to Hoyer to GM and then waited on Theo.
In the end, Lucchino had this to say about the final compensation,
"All's well that ends. Period. That's our view on this thing. Let's move on. Next issue."
For once, I agree.
For the Cubs he next issue is the compensation for Jed Hoyer/Jason McLeod. Reports are that the Padres have a list of 12 low level minor leaguers to choose from and they are not expected to the system's top prospects. It's also not expected to be someone from the 40 man roster. The issue should be resolved soon and certainly before the end of spring training.
I managed to get lucky on my Chris Carpenter prediction a while back. This time I'm going with Class A LHP Austin Kirk. Kirk was Fangraphs 9th rated prospect and has the kind of peripherals the Padres seem to like. He has the potential to have command of at least 3 average pitches, which would make him a solid back of the rotation starter. He could be a nice fit at Petco.