Movement In Cubs' Sale Process...Sort Of

As reported by Phil Rosenthal in Friday's Tribune:

(Tribune Company Chairman and Chief Executive Sam) Zell said in a conference call with creditors
Thursday he now expects the confidential Cubs figures to be released to
potential buyers in the next 10 days or so and a sale to be completed
"sometime this year," regardless of what happens in ongoing
negotiations with the state over Wrigley, or whatever the park winds up
being called.

ought to read the latest newspaper because it's all out there," Zell
said, noting there continues to be "steady progress" in talks for a
ballpark deal. "We're trying to do what is the optimum transaction with
the Illinois Sports Authority while simultaneously running with a book
on the Cubs going both ways, with or without the sports authority."

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My guess... Wrigley + Ball club = sells for $1.13 bn

Personally, I hope one owner buys the club & ball park together.

I tried to send to that address, but it was returned as undeliverable.

Thanks for sharing though. I wanted to express my opinions to them since they took the liberty to digress from comments on a few idiots that night to giving the middle finger to all Cub fans with their idiotic generalizations. Reminds me of the Elia episode without the fireworks.

I hope so, too, but it would surprise me if Zell and the state don't reach a deal. I'm thinking this business of 'we'll complete the sale with or without the Stadium Authority' is just Zell trying to give himself some leverage and get the state to move. Maybe the fact that the Governor is well on his way to indictment is distracting the money boys in Springfield.

Good point Cubnut. Blagojevich's troubles could be a big factor.

Still, Zell pitting the state against prospective owners in hopes of driving up the price of the ballpark is perfectly Zellish. It makes sense that he would give the eventual owner a chance to top the state's best offer for the park.

I think you'll see much more talk about the sale because Zell is stepping away from his breaking apart of the Cubs and Wrigley. Why would a new owner not want to own the park as well? It doesn't make business sense for the new owner not to have the oppertunity to buy the park with the team.

Zell called out the state, the state worked slowly, and Zell is trying to get leverage, but from here on out, the Stadium Authority is a done dog in this sale. The state has way too many other things going on, so Zell is stuck taking what he can get with the Cubs & Wrigley package....poor baby.

Sorry Mike. A buddy of mine, who is a Reds fan, sent me that email address this morning.

I'll see what I can drum up.

That's cool. Thanks.

I'm over it anyway...Cubs win today! My weekend is off to a good start.

Recent comments

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  • No idea what will happen. The Cards are the Cards and they have come back from 2-1 holes twice in the last 4 years, so I don't see them in panic mode at all. If anything, I expect the Cubs to be pressing more than the Cards today.

    I want the Cubs to win because it would be great for the city, and great for the fans. But more than anything, I want the Cubs to win so I can see this team play for at least one more week this year. Never enjoyed watching a team more than this year.

  • Just to remember how far we have come: last year's opening day lineup was Bonifacio, Lake, Castro, Rizzo, Olt, Castillo, Schierholz, Barney, and Samardzija. It's been a fun ride this year!

  • BRADSBEARD: I haven't noticed any new rule or a change in the interpretation of an existing rule happening in Advanced Instructs, I don't know what rules will be tested in the AFL, although almost all recent rule changes and new interpretations of existing rules (the home plate collision rule, replay, time clock between innings, et al) do get their start in the AFL.  

  • Yep

  • AZ Phil: I've heard that the AFL will be testing out a new force out rule that would affect break-up plays (like the Utley play). Have you heard anything about this new rule and any details about it? Are they testing it out at the advanced instructs as well?

  • Pretty sure I already know the answer to this, but since I will be in NYC next week I want to confirm... If the Cubs were to advance to the NLCS, the winner of LAD/NYM would have home field based on being a division winner (as opposed to Cubs by virtue of better record), correct?

  • CUBSTER: This "hammy" is on the other leg I heard last night. See you at the ballyard today young man!

  • Lulz

  • Oh what do you know, Cubster? Go back to your day job.

    --- Ducks, puts on Cardinals cap, runs.

  • Russell had a severe hamstring last year while with the A's system, forcing him to miss the first half of 2014. I've even wondered if his injury last year was a component of Billy Beane putting him on the trade market. He was quoted saying that last year's injury was a 10 out of 10 when it happened. Last night he said his hamstring soreness was a 1/1.5 out of 10. Hamstring injuries are tricky though, so I'd expect the medical team to be overly cautious here.

  • ...I want to reinforce the observation that there was no sea of red in the crowd. The usual Cardinal fans roaming the stadium were few and far between.

    Also, almost every 2 strike pitch brought the fans to their feet. Good for those in knee rehab.

  • "1st team hit hit 6HR in a game in the postseason." rises above obvious...i checked it with the official fact-finding commission of Douche, Douche, and Douchestein. they agreed with you, but they're a bunch of f'n douches so who cares?

    btw, the cubs are 2-1 in the post-season series.

  • I should be able to watch the game on the NFL replay app, whatever that thing is called. I've got it on my iPad. This is the first year I haven't forced myself to somehow watch every game - no I take that back, last year was - in quite some time. Last year was so unbearable, no pun intended.

    You make some good points about Cutler, and I was a holdout defender of Cutler for a long time. I gave up on him a bit after one too many dumb interceptions, but last year doesn't count. Trestman was the worst coach in Bears history.

  • Nice little reportage there!. I think you're older than me. Considerably older. Maybe several generations. Working out is so essential, especially as age kicks in, isn't it? I still lift weights, and so I'm confident that when I get to be at the hip breaking age, mine won't be a statistic. But I have a ways to go for that to be a concern.

  • What was impressive to me is that the Cubs won despite poor base running, several defensive miscues, Russell leaving due to injury, Arrieta having an off game and getting knocked out early, and Rondon giving up 2 runs in the 9th. If they can win a game like that... 

  • I was there too. The crowd was absolutely electric. People were standing for every big and semi-big moment, from the first inning on. It felt incredibly strange and exhilarating to see the Cubs (the Chicago bleepin' Cubs!) score playoff insurance runs on the Cardinals. What a game. One to remember.