The Chicago Cubs have locked up their top baseball operations executive. The Cubs and team president of baseball operations Jed Hoyer have agreed to a multi-year contract, the team announced Monday. Hoyer's contract was set to expire after this season.

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.