With the Cubs holding one of the best records in baseball and Thursday’s 5 p.m. CT Trade Deadline looming – offering an opportunity to further bolster the roster – the team has invested to continue its longtime partnership with president of baseball operations Jed Hoyer.

The Chicago Cubs locked in president of baseball operations Jed Hoyer for the long term, agreeing to a multiyear contract extension on Monday. The 51-year-old Hoyer's five-year contract was set to expire at the end of the season — his 14th with the Cubs.

Cubs President of Baseball Operations Jed Hoyer is in the last year of a five-year contract signed to run the Cubs baseball ops department back in 2021. Today, Cubs Chairman Tom Ricketts did what appeared inevitable, given the Cubs position in the standings: