With the Cubs holding one of the best records in baseball and Thursday’s 5 p.m. CT Trade Deadline looming – offering an opportunity to further bolster the roster – the team has invested to continue its longtime partnership with president of baseball operations Jed Hoyer.

On Monday afternoon, the Cubs announced a multiyear contract extension with Hoyer, who was in the final year under his previous pact with the ballclub. Hoyer’s stated goal was getting the Cubs back into the playoffs this year, and the team is poised for a place on the October stage as things stand.