Jed Hoyer will be named the new Padres general manager at a press conference today, according to MLB.com's Thomas Harding. Hoyer, 35, was an assistant GM with the Red Sox. Chris Jenkins of the San Diego Union-Tribune had a little bit of background on him in an article yesterday.
Hoyer ought to have $10MM+ to work with this winter despite a payroll in the low $40 millions. If the plan is to contend in 2010, it's not out of the question.