(Photo credit: Kamil Krzaczynski-Imagn Images)

Chicago Cubs president of baseball operations Jed Hoyer entered 2025 without a contract beyond this season.

But with the Cubs sharing the National League's best record with the Milwaukee Brewers entering Monday's play, Hoyer has been rewarded with a multiyear extension announced prior to the Cubs' series opener at Milwaukee.

Hoyer was hired by Theo Epstein to serve as the team's general manager after the 2011 season. After the Cubs won the 2016 World Series and made five playoff appearances in a six-year stretch with the duo at the top of the organization, Hoyer was asked to assume Epstein's president of baseball operations responsibilities when Epstein left following the 2021 season.

Hoyer signed a five-year contract at the time. Specifics on his extension were not released.

'I'm so grateful for the Ricketts family's trust and support for 14 years,' Hoyer said in a statement. 'The Cubs are a special organization with an amazing fan base. I'm excited to keep building on the momentum we have and to work with a terrific baseball operations staff to consistently deliver a championship-caliber team for this great city.'

The Cubs failed to reach the playoffs and posted a 311-337 record (.480) in Hoyer's first four seasons at the helm. But with trade acquisitions such as All-Star outfielders Pete Crow-Armstrong and Kyle Tucker leading the way, the Cubs have fashioned a 62-43 record and sat atop the National League Central most of this season.

The announcement of Hoyer's contract extension provides extra stability in the final days before Major League Baseball's trading deadline. If any rival general managers believed he might need to be more aggressive in order to keep his job -- and demand more in deals as a result -- then that bargaining angle has been quashed.

--Field Level Media