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.

Here’s why the Cubs gave Jed Hoyer a contract extension in 2025, one of the biggest front office moves of the season in Chicago.

CHICAGO — The Chicago Cubs’ targeted, incremental moves around the trade deadline did not leave chairman Tom Ricketts disappointed. Roughly 74 hours before Thursday’s 5 p.m. CT deadline, the Cubs announced a contract extension for president of baseball operations Jed Hoyer, whose group has built one of the National League’s best teams.