(CBS/AP) — Major League Baseball consultant Theo Epstein has been hired by a financial firm that advises on investments in sports teams.

He will keep his MLB job.

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Arctos Sports says Epstein will be involved in sourcing, underwriting, diligence and product development.

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The company is a private equity platform dedicated to the professional sports industry and team owners. Epstein has said he would not take a job with a baseball team for the 2021 season. MLB hired the former Red Sox and Cubs executive last month as a consultant for on-field matters who will evaluate possible rule changes.

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