Cub Fans May Have Tribune Company to Kick Around Some More

Two developments on the ownership front:

As reported by Chris de Luca in the Sun-Times and noted by a reader under the previous post, there is z-e-r-o chance that MLB owners will approve beer-drinkin' regular guy/billionaire Mark Cuban as the next owner of the Cubs. According to de Luca, this seems to place "the group headed by John Canning, Jr.—(Commissioner Bud) Selig's personal favorite—back as the frontrunner."

On a related note, Friday's Wall Street Journal reports that Tribune Company may retain 50% ownership of the team anyway.

In recent weeks, an early plan to sell a 95% stake has fallen to about
half as suitors' ability to buy the team and its landmark stadium on
Chicago's North Side waned, according to two people involved in the
negotiations. On Thursday, bidders were preparing to receive a request
to submit new purchase proposals with financing details, those people
said.


The shift in strategy is a result of the tight credit market and a
heightening fear that few, if any bidders, would be able to complete a
transaction once valued at more than $1 billion. Under the new
scenario, the windfall to Tribune would be far less.


"This will still generate substantial cash," said one person with
knowledge of the sales process. "We're talking hundreds of millions of
dollars."


While the Cubs and Padres dance around a possible deal for Jake Peavy, there was another bit of Padres news this week that is very loosely connected to the Cubs.

Matt Vasgersian, who has done TV play-by-play for the Pads since 2002, is leaving San Diego for the job of lead studio host with MLB Network. Vasgersian, who worked Brewers games before heading west, was mentioned as a candidate for the Cubs job when Chip Caray left and was ultimately replaced by Lenny Kasper.

The greater connection between Vasgersian and the Cubs, however, lies in the fact that it was Vasgersian on the mic during a Padres game in May, 2006, when former Cub great Rick Sutcliffe stumbled into the booth (literally) and made his infamous drunken cameo appearance. (Kudos to Gaslamp Ball for retaining this unforgettable piece of baseball history.)

 

Comments

Sorry, I messed up the link to the Sutcliffe audio initially, but you should be able to hear it now...in all of its drunken glory.

You remember that?

~hiccup~

I heard Cuban was close to closing on some property in the northern burbs. Perhaps that's just a tool of his to show Selig that he's going to be around.

Someone may have posted this already but these are the Cubs minor leaguers who filed for free agency yesterday.

Mike Burns (AAA)
Hector Carrasco (AAA)
Adam Harben (AAA)
Billy Petrick (AAA)
Carmen Pignatiello (AAA)
Jason Stanford (AAA)
Matt Craig (AAA)
Robinson Chirinos (A)
Bobby Scales (AAA)
Andres Blanco (AAA)
Luis Figueroa (AAA)
Doug Deeds (AA)
Jason Dubois (AAA)
Josh Kroeger (AAA)
Andres Torres (AAA)

I wonder if AZ Phil can tell us who of these guys he thinks the Cubs should be most interested in bringing back.

I'd think Kroeger, Andres Blanco, Carmen Pignatiello, and Billy Petrick would be toward the top of that list.

I'm sure at least a few of those guys will be back as that was essentially half of the Iowa roster. Piggy and Petrick probably at the top of the list. Kroeger may want to go somewhere where he'll at least get a shot to break as a 4th/5th OFer.

Doesn't Zell have some ownership in the WSux? If a sale doesn't happen soon or if Tribune retains 50% of the Cubs, Isn't it time for them (who ever the powers that deal with this stuff) to force Zell to get off the conflict of interest throne.

Of course, if I'm getting my conflicts wrong then nevermind.

Latoya Hawkins signs 1 year deal with Asstros.

So much for 2009... guess Hendry will have to build for an eye on contending in 2010.

I wouldn't give up just yet. Greg Maddux is still out there, and he would make a great converted closer. Bullpen problems solved!!

Recent comments

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  • f'real...didn't even streak or try to beat up a base coach or anything.

    crunch 2 min 18 sec ago view
  • After the game, jacos was DFA'd. #nohelp

    CTSteve 6 min 13 sec ago view
  • Richard proving once again that, if you are really bad, it doesn't matter which hand you throw with.

    Maybe time to find out what we have in Edwards?

    billybucks 15 min 50 sec ago view
  • Oof -- ugly game at the plate and from the pen, which was the hero yesterday.

    Sorry Jake -- you deserved better.

    billybucks 17 min 14 sec ago view
  • k.bryant playing SS...because fuck it, that's why.

    crunch 20 min 44 sec ago view
  • g.soto is doing horrible in AAA...unfortunately.

    unless they decide to bring up g.concepcion or make a trade we might have richard around a little longer.

    ...that said, it wouldn't surprise me to see him DFA'd after the game...the "lefty specialist" just let 3 lefties in a row get on base. ugg.

    crunch 31 min 7 sec ago view
  • Ahhh Richard with your 6.00+ ERA as a short reliever...

    You ain't gonna be on no Playoff roster.

    The E-Man 40 min 57 sec ago view
  • I'll give this to Richard: he looks the part of a good pitcher, straight out of central casting. It's a shame he struggles with the getting guys out part of the game.

    Eric S 47 min 9 sec ago view
  • Didn't take Richard long. He is an absolute disaster.

    billybucks 52 min ago view
  • Thru seven innings the Cubs have more errors than hits and Zobrist has struck out 3 times. And now Richard is pitching.

    These things do not add up to victory

    Eric S 54 min 42 sec ago view
  • It was from about 15 years ago

    jacos 56 min 56 sec ago view
  • Guess I was on tv

    jacos 57 min 28 sec ago view
  • Vin Scully sang the seventh-inning stretch. Along with all the great things he is known for, he can sing! He sounded like Willie Nelson out there. And he gave a nice shout-out to Harry. What a class guy.

    fullykräusened 1 hour 1 min ago view
  • I'm thinking Kazmir did not get the memo he was supposed to pitch like a tomato can tonight. Jeesh

    Eric S 1 hour 21 min ago view
  • yeah, she's not on this game, though.

    they keep talking about things that aren't this game...a lot...rather than calling this game, doing split screen coverage of other games, doing split screen studio banter, and they just finished cutting away from the game totally (no split screen) to cover another game while missing rizzo's K and the first 2 pitches of zobrist's AB.

    ESPN...because screw you, you weren't really tuning in to watch this.

    crunch 1 hour 48 min ago view
  • Phil, I think I read an earlier take that you don't see much of an ML career for Brooks? I kinda thought when he was acquired it was as depth for this year, but with an eye on the Cahill type swing role next year?

    Then again he did get hit around pretty bad in his big league time last year.

    Koyies Bansaw 1 hour 58 min ago view