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
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.
Indians extend their streak.
Darwin Barney gets tagged with the loss.
delayed until 7:20 -EST- (tarp off the field)...
CLE/TOR in the top 18th in case you're bored. 2nd baseman r.goins pitching for TOR...hit 90mph so far. 1ip 2h 1bb 0k, 0 r/er (bb was ibb). he threw a fastball/change mix. crowd loved it. d.ross is not impressed.
d.barney strands j.lake at 2nd in the bottom 18 for the
cubsbluejays...to the 19th!
-cubs game has begun-
BRADSBEARD: Javier Assad was still pitching into the 6th inning, and the first batter he faced reached base on an E-4 (that was Assad's 70th and final pitch of the game). Then Leathersich relieved Assad and retired the second batter 4-3 on the first pitch of the AB (the runner at 1st base advanced to 2nd on the play), and then on an 0-1 pitch the third batter in the inning (second one faced by Leathersich) lined into an inning-ending 6-4 DP (baserunner doubled off 2nd base). When calculating GO/AO, double plays and triple plays count as only one out.
Wow. The site actually loaded without an error! Happy 4th all, and Go Cubs!
OK -- my 4th of July resolution is to try to stay more positive. So -- 10 games to the AS break, meaning the Cubs will be in first place at the break! First time since...2008? Also, hopefully, Willson, KB and Javy learned something about Familia yesterday that they can use in the future.
Hmmm, my math might be fuzzy but if he retired 3 batters with 3 pitches, how did he get a 1/1 GO/AO ratio?
Pls DFA Peralta when Richard comes back. Richard 1 IP, O R, O ER, 0 BB, 2 Ks in first rehab appearance. We really need to trade for a LHRP.
"The Boston Red Sox were banned from signing any international players for the next year and had five of their teenage prospects declared free agents on Friday after a Major League Baseball investigation showed they circumvented signing-bonus rules last year, a source familiar with the situation told Yahoo Sports."
The thing with Heyward is its not just free agency. He is way under performing his career #s. He's making the same % of contact but his soft contact is much higher and hard contact much lower than all his previous years so there is something very specifically going on this year causing the issues. Chances are he will eventually get back to his previous #s and it's better to get the slump now and get that hot run later but I wish I knew what is different about this year. He's either just not seeing the ball as well or a swing change is causing it.
Only 3 pitches for Leathersich. Not much of a rehab outing.
Thanks for the reporting Phil.
He's the nastiest pitcher I've seen in awhile. I'm gonna give them all a mulligan on this one.
Coghlan's strike out was more disappointing. He was fighting off a lot of pitches and not swinging at crap, and on the last pitch, he swung at stuff he was laying off, and struck out.
And Heyward, too. I don't blame Heyward - I blame free agency. I hate it. You almost never get a valid return on the investment.
I look forward to the day when ball players own the teams. The current economics are not sustainable.
Oh, I'm sure you're right. He's not 27-27 in saves for nothing. But, man, I hope they learned last night that he didn't throw a single pitch in the zone to KB, Contreras or Baez, and they all just kept swinging.
Sounds like a much better game than last night's fiasco in Flushing.
I'm pretty sure it looks like a sweet pitch on the way in. How many sinkers like that are there at 98 mph? I agree that they should just do a Lackey and stand their with their bat on their shoulders until he throws a strike next time, but I can see how that's hard to do.
The bullpen, on the other hand, is a mess, and Heyward is starting to piss me off.
I noticed that too. He's getting to everything, but when he gets right under it on a high flyball he looks uncomfortable
Did you expect anything different?