Non-Sale-of-Cubs Stories Rapidly Gaining on Non-Acquisition-of-Brian-Roberts Stories

With all of the excitement—and by excitment, I mean disgust—over the likely Cubs signing of Jim Edmonds, there wasn't an opening here yesterday to note the snag in efforts to peddle Wrigley Field to the Illinois Sports Facilities Authority.

The Sun-Times reported Tuesday morning that the state agency and Tribune Company owner Sam Zell had failed to reach an agreement because the state's offer relied...

...on a novel and untested financing plan: the sale of
individual seats at Wrigley as if they were condominiums. The idea is
called equity seat rights and has been advanced by Chicago area
business executive Lou Weisbach, who has applied for patent rights on
it.

Zell, Cubs Chairman Crane Kenney and their advisers have concluded
that the equity plan and its tax ramifications would violate both the
Internal Revenue Service code and the rules of Major League Baseball...sources said.

Very late Tuesday night, however, the Tribune reported that the ISFA and Zell will continue their negotiations and that "sources said...the media conglomerate is privately
indicating it might hold off selling the ballclub if the inevitable
need for costly repairs at the antiquated ballpark significantly
discounts the bids it fields for the team."

Tribune Company is due to begin paying down its debt with the banks on December 4th, when a $650 million payment will be required. At one point, it was thought this might ensure the sale of Wrigley Field and the Cubs before the end of 2008. But Zell's recent agreement to sell Newsday, a deal that will net Tribune Company about $630 million in cash, gives the foul-mouthed billionaire the latitude to take his time negotiating the sale of the ballpark and the team.

 

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Comments

I watched a very over-the-hill Edmonds struggle in San Diego. If the Cubs scouted him, they should have seen it, too.

The SunTimes' GREG COUCH just officially consigned FELIX PIE to the Cubs' pile of flopped top prospects.

http://www.suntimes.com/sports/couch/948348,CST-SP...

that's kinda like bill o'reilly calling something liberal.

when's couch not tearing something down or declaring things finalized?

decent article, but littered with his usual extreme writing and some "what-if's" that are declared stone cold realities.

seems he writes a "oops, i screwed up when i said earlier..." article for every handful of rants he goes off on.

This centerfield thing is getting ridiculous. Thirty five years since we had Monday out there and we still haven't found a good one. One year of Dernier being decent, one year of Walton being decent and that's it.

I think in 85 or 86 we had Dave Lopes in center for awhile, when he was 72. One year even Leon Durham got a few chances there. I think that was 82 or 83. I guess Lofton was good for half a season. Other than that, nothing.

Maybe we can bring back Mitch Webster.

Patterson was good for half a season (before his injury).

.298 / .329 / .511

What, you didn't get enough stability from Jerry Morales and Jerry Martin?

Sosa was acquired with the intent to start him in CF and he gave us a full season at CF I believe. And then pushed to a corner OF slot by Tuffy Rhodes.

Didn't Morales play more leftfield than center? I was thinking he was around at the same time as Monday, at least the first time he was here.

Patterson was good for half a year and Lofton for the other half. One good year in center between the two of them anyway.

We had the same problem finding someone for 3B since Santo and we finally got ARam. I'm confident we'll work out CF before long.

For the love of Harry Caray, somebody please change that "Featured Post" picture... I wanna head butt my monitor every time I see it.

EDIT: Looks like it changed write after I wrote this. I AM A GOD!

What an improvement! She's got a much better center field.

I am enjoying her right and left myself

Perhaps the pic should be moved to the TCR Approved Section of the website.

so you can buy those on Amazon?

Great typo from BleacherReport.com:

"Edmonds will likely clean waivers Wednesday after being released by the San Diego Padres recently."

From MLB to cleaning waivers -- you'd think Edmonds would have saved some of his salary over the years.

Here's the link: http://bleacherreport.com/articles/22967-MLB-Rumor...

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  • ayyyy...get a doyer dog, then.

    crunch 11 min 12 sec ago view
  • I'm going to be at this one! Am told a Dodger Dog is just a long hot dog. Disappointing.

    Charlie 13 min 36 sec ago view
  • If my math is correct, if the Cubs play .500 baseball for the rest of the season, they will finish with 99 wins. I only just confirmed through Baseball Reference that 97 wins last year (and 2008) were the most Cubs wins in my lifetime. I think that last year while Arrieta was pitching better than Cy F. Young I didn't really get or appreciate what he was doing. I'm trying to try to grasp in the moment just how fucking remarkable this season is.

    Jackstraw 1 hour 5 min ago view
  • This is awesome.

    https://twitter.com/JeffNuich/status/769227069788131329

    (CSN Chicago will air Vin Scully's call of the Sunday Cubs vs. Dodgers game...well for an inning at least)

     

    Rob G. 2 hours 4 min ago view
  • I figured this was going to be the most meaningless regular season in Cubs history...and it is pretty much on point, although I certainly didn't think we'd have close to a 14 game lead.

    But, one bad hop in game 1 in October could change absolutely everything we will remember about this year.

    blockhead25 2 hours 42 min ago view
  • oh he's great, there's like 10 great pitchers in the NL right now that can flat out dominate though. Picking #2 (behind Kershaw) doesn't matter much to me right now. Much like whom the Cubs will play in the playoffs won't matter much, they're gonna be good teams.

    Rob G. 2 hours 55 min ago view
  • The Cubs great pitching has a lot more to do with their great defense this year and plenty of good luck  (#1 in ERA, #4 in FIP behind Nats, Mets and Dodgers with a rather ridiculous .258 BABIP against Cubs' pitchers).

    Cubs pitchers do strike out more hitters than Giants pitchers and do walk more hitters than Giants pitchers so that's a few more balls in play. Cubs' pitchers actually have a higher groundball rate though. Crawford is just really good and baseball happens.

    Rob G. 2 hours 57 min ago view
  • i do what i want.

    i run with 12 gangs and we only commit hate crimes.

    i do what i want.

    crunch 4 hours 2 min ago view
  • I was asking how well Scherzer holds on runners.

    #baseballtalk

    BTW, your used underwear remark sounds rather specific. Please don't project. Thanks.

    Tito 4 hours 30 min ago view
  • nothing gets you going like someone talking about lester, eh?

    i hope you're on his payroll or he sends you used underwear or whatever you're into.

    btw, he holds runners like shit. he does things with runners i've never seen another pitcher do in my life...even going back before i was born as far as i can tell. would you like to discuss it? that sounds like it could be educational and fun. hit me up, bruh.

    crunch 4 hours 33 min ago view
  • last year they won 97...and came in 3rd in the division. crazy game on a year-to-year basis.

    this year it's likely no one else in the division will win 90, though it's technically possible at this point.

    no matter what, this is a special team, though...very well rounded...and should be mostly intact next year with a bonus schwarber. chapman may not be around, but whatever...rondon and crew are capable even if not on chapman's level.

    crunch 4 hours 34 min ago view
  • How well does he hold on runners?

    #baseballtalk

    Tito 6 hours 29 min ago view
  • It's August 26. Cubs with 14 game lead. And not for #1 draft pick.

    Words I never thought I would type together.

    Jackstraw 6 hours 44 min ago view
  • One more victory to ensure a winning season!

    billybucks 9 hours 1 min ago view
  • If I were a betting man

    Give me the Dodgers tonite, not just because of
    Monty on mound.

    Two nights in LA for the kids? Woooo

    /Prove me wrong

    jacos 9 hours 1 min ago view
  • When Scherzer is on his game, he might the the most dominant and intimidating pitcher. A couple of games he has pitched against the Cubs when he had his stuff, and his mound presence was just powerful.

    billybucks 9 hours 2 min ago view