The Cubs have announced the firing of manager Rick Renteria. The move doesn’t come as a large surprise, given recent reports that the team has agreed to terms with Joe Maddon to become their new manager. Renteria had completed just one season of the three-year contract he signed to become the Cubs’ manager last offseason.

Within the press release announcing the move, Cubs president Theo Epstein made the following statement:

“Today we made the difficult decision to replace Rick Renteria as manager of the Chicago Cubs. On behalf of Tom Ricketts and Jed Hoyer, I thank Rick for his dedication and commitment, and for making the Cubs a better organization.

Rick’s sterling reputation should only be enhanced by his season as Cubs manager. We challenged Rick to create an environment in which our young players could develop and thrive at the big league level, and he succeeded. Working with the youngest team in the league and an imperfect roster, Rick had the club playing hard and improving throughout the season. His passion, character, optimism and work ethic showed up every single day.

Rick deserved to come back for another season as Cubs manager, and we said as much when we announced that he would be returning in 2015. We met with Rick two weeks ago for a long end-of-season evaluation and discussed plans for next season. We praised Rick to the media and to our season ticket holders. These actions were made in good faith.

Last Thursday, we learned that Joe Maddon – who may be as well suited as anyone in the industry to manage the challenges that lie ahead of us – had become a free agent. We confirmed the news with Major League Baseball, and it became public knowledge the next day. We saw it as a unique opportunity and faced a clear dilemma: be loyal to Rick or be loyal to the organization. In this business of trying to win a world championship for the first time in 107 years, the organization has priority over any one individual. We decided to pursue Joe.

While there was no clear playbook for how to handle this type of situation, we knew we had to be transparent with Rick before engaging with Joe. Jed flew to San Diego last Friday and told Rick in person of our intention to talk to Joe about the managerial job. Subsequently, Jed and I provided updates to Rick via telephone and today informed him that we will indeed make a change.

We offered Rick a choice of other positions with the Cubs, but he is of course free to leave the organization and pursue opportunities elsewhere. … We have clung to two important ideals during our three years in Chicago. The first is to always be loyal to our mission of building the Cubs into a championship organization that can sustain success. The second is to be transparent with our fans. As painful as the last week was at times, we believe we stayed true to these two ideals in handling a sensitive situation. To our fans: we hope you understand, and we appreciate your continued support of the Cubs.”