The Cubs earlier this week sent righthanded reliever Chris Carpenter to the Red Sox as compensation for hiring Theo Epstein from Boston as President of Baseball Operations while he still had a year left on his Red Sox contract.

All’s well, right? Done with these sorts of things?

Not so fast. The Cubs also hired Jed Hoyer away from the San Diego Padres with time remaining on his deal there, to be general manager under Epstein, and promised compensation to San Diego. Thursday, we learned more about this from Scott Miller of CBS Sports:

Compensation from #Cubs to #Padres for Hoyer will be low-level minor leaguer aand probably happen late spring. Will be b4 opening day.

— Scott Miller (@ScottMCBS) February 23, 2012

And just what will this compensation consist of?

List of 12 or so plyrs Cubs & Padres have agreed on re. compensation. 1 player will come from that list later in spring.

— Scott Miller (@ScottMCBS) February 23, 2012

So, one lower-level minor leaguer heads to San Diego. That’s in addition to the two PTBNLs that will be swapped between the Red Sox and Cubs in order to make the Epstein “deal” a player trade.

No word on whether the Cubs/Padres deal will also include such things. At some point, the Cubs will be done compensating and start playing.