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.

The MLB trade deadline is a day away and the Chicago Cubs have to make several additions to bolster their roster for the final two months of the regular season that will hopefully lead to a deep run in October.

Jed Hoyer and the Chicago Cubs agreed to a multiyear contract extension Monday, a team source told the Tribune.