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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  • Thanks, Phil. Albertos at 17, and having gotten a good signing bonus ($1.5, even though as Mexican prospect I think his team gets half of that?), throwing in the 90's and showing some command of a curveball sounds pretty interesting, even if that control is only for a dozen-pitch sample.

    What kind of a frame does he have? Is he on the stocky and short-ish side (I'm recalling Fernando Valenzuela!), or somewhat taller? A lot of 17-year olds have projection, "when he fills out" projection. Would that apply at all for Albertos?

  • A-Team

  • Ha

  • I definitely hang around here looking to reply to your comments as noticed by my nearly year long absence.

    there's a fine line between posting something relevant, useful or at least humorous versus posting something irrelevant, useless or unfunny...actually it's rather quite a thick line and easy to see for most people not named crunch.

  • I certainly am digging the RISP machine Zobrist version.

  • Cubs are taking advantage of bad D by their opponents -- did it a few times in PIT and the Nats botched 2-out rundown leads to 3 Cub runs in the 8th. Which were nice to have.

    I hope Kyle had fun at the dance party -- he was terrific.

  • i hope he's getting more consideration for the 2-slot vs lefties, too.

  • I hope we can dispense with the Zobrist RISP concerns.

  • Is this heaven?

  • They call me Schwarberino because I'm basically Ruth,
    and as long as we're rapping I'm gonna tell you the truth:
    This team would be even better if I wasn't laid up;
    we'd win the World Series, the Superbowl, and the Stanley Cup.
    As long as we're at it, I'm putting the Premier League on notice.
    Hell, if I were healthy, Epstein could run for POTUS.
    My busted knee's even sadder than this presidential kerfuffle,
    but my first rehab assignment will be the World Series Shuffle.

    I am avoiding grading papers.

  • Phil,

    With Mutton on the DL now, does Victorino finally get to Iowa?

  • Chat ... is happening.

  • I agree completely with Dusty. I appreciate him much more as the Nats skipper than as the Cubs.

  • so, what you're saying is you keep bringing up something over and over and over and over and over and over and over and over and over and over and over and over and over like you did with this issue for years back in the day...and obviously still into today...

    ...but that's fine if you do it.

    brb, forming my next dozen replies for why you should shut up and never say anything about it again...oh wait, no i'm not because i'm not hanging around looking to tell you to shut up about repeating the same thing over and over and over and over...

  • Heyward looked fine shagging flies in BP. Wouldn't surprise me to see him in the line up tomorrow.

  • this seems like it could be an interesting series...parachat worthy.