There's no way Jed is on the phone with another GM and says "sounds good, let me ask my boss." If that's how it goes, the other GMs would just talk to Theo. Jed knows what's acceptable and what's not or he wouldn't have the job. Of course Jed wouldn't say "sounds good, let me ask my boss." , he would say "I'll get back to you." When Theo was hired, he was given complete autonomy over all baseball operations and decisions. Also, let's not forget that Theo could not leave the Red Sox for a parallel position (GM), which is why he was given the promotional title with the Cubs. Make no mistake about it Theo is in charge of making any serious deals that will be made. That doesn't make a lot of sense. Jed goes into discussions knowing the targets and what he can give up. If something is outside that range, I'm sure he discusses it with Theo. But the GM is not just a glorified secretary.