The Chicago Cubs have re-signed manager and former World Series hero David Ross for at least two more seasons after two relatively positive campaigns under his watch.

Ross, who guided the Cubs to a division win with a 34-26 record in the coronavirus-shortened 2020 season, had different expectations this past season after the organisation opted to trade star players Kris Bryant, Javi Baez and Anthony Rizzo with an eye towards the future.

With a slew of young prospects, and plenty to prove, bookmakers have the Cubs at 100-1 to win the next World Series, indicating that Ross' extension will hopefully provide stability and a consistent voice throughout this rebuild.

The two-year extension through 2024 also includes a third-year team option, which means the organisation can tack on an extra year if things are trending in the right direction.

Ross finished his playing career with the Cubs, hitting a home run in game seven of the 2016 World Series to help break a 108-year championship drought for the franchise.