Breaking News: Rich, White Guy Has Chance To Buy Cubs

Michael TokarzCrain's Chicago Business reports Thursday that Tribune Company has asked two of the bidders for the team and Wrigley Field to pool their resources and make a combined bid. According to the Crain's source, the two bidders are 58-year-old Chicago native Michael Tokarz (pictured) of MVC Capital Inc., and Sports Properties Acquisitions Corporation, a New York company formed for the purpose of acquiring a professional sports franchise. Sports Properties is headed by Tony Tavares, former president of the Washington Nationals, and Hank Aaron—yeah, that Hank Aaron—sits on its board.

Tribune Company is said to feel that the two bidders' strengths are complementary: Sports Properties' team includes people with baseball experience, and Tokarz, formerly of the legendary New York equity firm, Kohlberg Kravis Roberts, is stinkin' filthy rich.

Also this afternoon, the Tribune reports that the family of Joe Ricketts, founder of Ameritrade, is one of the groups that has advanced to the second round of the sale process.  



from the previous thread...

Cuban also made the next round...

Heh... at first I was trying to figure out who Rich White was.

Nothing a little comma can't fix.

Who gives a fuck about an Oxford Comma?

/hopes someone gets the reference.

Indeed. Welll played, Carlos.

I thought Rich White was asking Chance to buy the Cubs for him.

Like a midget at a urinal, that one's over my head...

According to WSCR

Cashner made his pro debut in Mesa today.

nice promo pic.

he went for the "crap on a shelf" background. that's one step up from elbow-on-knee/fist-on-chin with a forest background. a lot more mature. bravo.

I think the crap-on-a-shelf approach is quite popular with your CEOs. The airplane model on a platform (middle shelf) is another classic touch.

I don't want to imagine Cuban going nutso in the box seats when a call doesn't go the Cub's way - and he's also a big - time meddler in the front office of the Mavs. No thanks.

Take it from a guy with connections in Nebraska. The Rickett's family is the last one we want!

heard on xm radio (and I'm sure they were just citing a newspaper article), that Cuban had the highest bid at $1.3 Billion...

you have to think that the one with Hank Aaron and I think Sen. Jack Kemp is the one MLB wants.

I thought MLB wanted someone with local roots?

Now that Cuban's bid has made it to the next round, it's time to buy one of my shirts!

All proceeds go toward my moving expenses. Also, anytime I see you wearing one of my shirts at a game or a TCR meet-up, I'll buy you an Old Style.

I'll try and put up an ad for you again on the sidebar with this heating up.

Holy crap, Cuban bid 1.3 billion. If there's any doubt about how badly he wants the team...

Recent comments

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  • To also be fair to Emery, wtf do you draft Shea McLellin as a #1, Jonathan Bostic in the same draft, let Peppers go in lieu of signing Jared Shit-Head, Brandon Hardin, Evan Rodriguez, Isiah Frey, on and on...

  • Geo Soto leaves the WSux and signs with the Angels who lost Chris Ianetta to the Mariners.

    Freed... The Angels also promoted Bobby Scales from director of player development to special assistant

  • AZ PHIL- Is Clayton Richard a free agent or not? One site I see he is, on another no. MLB has him listed as a free agent, Cot's contracts says he is a FA, baseball-reference says he's not, but Cubs have him on active roster. I know that he is just short of MLB 6 years service by just like 15 days, but that doesn't always matter.

  • Except that he gave up Russell and McKinney for a half-season of Hammel...

  • Beane cam at least point and laugh at Hammel.

  • The genius Angelo traded Olsen at Martzs request

  • Maybe Theo will sign Shark just so he can call Billy Beane and say: "Let's see...Russell? Check. McKinney? Check. Hammel? Check. Ninja? Check. Any other deals?"

  • To be fair to Emery and Trestman the foreshadowing of last year started happening well before them with the failure or mismanaging of multiple draft classes forcing the team to overspend in a free agency market that is even worse than baseball. Kyle Long seems like a good pick but they traded away another good one in Olson because of Martz's stupidity and inability to change his offense to fit the team talent.

  • HAGSAG: I think Domonic Brown does fit the criteria of a reclamation project, but unless he is willing to accept a minor league contract with an NRI to Spring Training, I don't think the Cubs would be interested given where the Cubs are right now. A couple of years ago? Yes. But probably not now.

    Brown would be better-off going to a club that is rebuilding and re-establish his value there, like Chris Coghlan did with the Cubs. And if he can re-establish his value, he could get traded to a contender at the trade deadline and take it from there.  

  • "they just fade away"

    (Except in the cases of no-fade lefties like Moyer, Orosco and Rich Hill.)

  • Amazing to me how quickly it fell apart under Trestman. Year 1, they were a Chris Conte brain fart away from making the playoffs. Year 2 -- coach, staff and GM all fired.

  • I am sure Jonathon Mota will be signed next.

  • AZ Phil, what is your thoughts on Domonic Brown as a reclamation project?

  • He also played LF in deference to Curtis Granderson.

    Meh... other moves to make...hope to see a move or two soon.

  • I haven't seen much Bears football this year - difficult to watch the games out here, but the game I saw the week before I was watching in shock as I saw them actually make tackles. And Cutler has looked really good, too.

    I guess people can quibble about play calling, but the team I saw is way more than 50% better coached (my only very minor disagreement with your comment).

    Under Trestman, the team didn't do anything right. This team played like a well coached team when I saw them play the Rams.

  • "What is sometimes overlooked about Vogelbach because of his "bad body" and because he has struggled so much defensively is that he is a hard worker, has a great attitude, loves to play the game, and is very well-liked by his teammates, and while that may not seem important, teams do actually value stuff like that. "

    As well they should. Replace a word here and there and you are describing any worker someone would hire.