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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  • Anybody else have issues accessing the site this afternoon/evening?

    Eric S 9 min 45 sec ago view
  • Boras is 63, maybe he'll be retired or dead by the time Bryant, Russell, Almora, Albertos all hit free agency. Doubt he will be before Jake hits there though.

    cubbies.4ever 3 hours 30 min ago view
  • Interesting choices when guys get healthy.

    LaStella, Fowler & Soler replace Coghlan, Almora and Sczcur? I assume they don't want Almora to sit.

    Despite MIggy's demise, I assume they keep him around to mentor Contreras?

    billybucks 4 hours 43 min ago view
  • I believe Willson now has more CS than MIggy. The kid has an arm. Also, Russell is amazingly good on those plays at 2nd.

    billybucks 5 hours 54 min ago view
  • oh yeah...thanks joe/billy.

    poor outing, still got the win, go cubs.

    crunch 6 hours 33 min ago view
  • Although it felt like it, Jake didn't lose to them -- he got the W. (Assuming you are referring to Monday's game)

    billybucks 8 hours 13 min ago view
  • Arrieta didn't lose to the Reds. He got the win -- he just didn't pitch like we expect him to.

    JoePepitone 8 hours 14 min ago view
  • almora's 1st HR!

    crunch 8 hours 22 min ago view
  • it's not like this CIN team is lost-cause horrible, but aside from defense and power this is a truly horrible team.

    kinda crazy arrieta lost to them and yesterday's game had to go 15 innings for the cubs win.

    crunch 8 hours 38 min ago view
  • It looked like Hamilton got screened by Duvall and that Duvall just barely deflected the ball off of his glove--redirecting it slightly without taking away much of its momentum.

    At least it didn't turn into a Schwarber/Fowler situation. Hamilton and Duvall are both pretty important youngish players for the Reds.

    Charlie 8 hours 46 min ago view
  • he walked off the field on his own. aside from a concussion watch and some attention to his leg/knee that buckled a bit under him, the biggest thing hurt was probably his pride after the ball knocked off his skull.

    crunch 9 hours 4 min ago view
  • After last night, an inside-the-park HR seems kind of run-of-the-mill somehow.

    Sounds bad for Hamilton. Hope he's okay--listening on the radio.

    Brick 9 hours 21 min ago view
  • SHOW ME THE MONEY: Jose Albertos has signed with Mega-Agent Scott Boras.

    Albertos has already received his signing bonus and won't see any additional significant money until he reaches the big leagues, so this is a long-term investment for the Boras Corporation.  

    Other Cubs represented by Boras include Jake Arrieta, Kris Bryant, Addison Russell, and Albert Almora Jr. 

    Arizona Phil 9 hours 28 min ago view
  • I am glad Joe is managing this team and not Old and Blue!

    Hagsag 11 hours 50 min ago view
  • Baez had Maddon's ass last night. I didn't hear the reason for taking Contreras out last night but whatever game management thingy it was, you don't take out your second hottest hitter. Or is he third? Anyway, you don't take him out. The guy can probably play anywhere in the field, anyway. Did anybody see that nice catch in left he made? I don't think he got a late start on that, just tracked it damn well for a catcher.

    Old and Blue 13 hours 45 min ago view
  • Per Fangraphs...

    Bryant took over NL lead in WAR after yesterday's effort. 3.9. Rizzo's at 2.8 and 8th in the league. Rizzo actually with better offensive numbers (161 wRC+ versus 146 for Bryant), but Bryant gets a good bump because of defense and position(s) played.

    Fowler with a 2.8 WAR as well (9th), Zobrist with a 2.7 (14th).

    M. Carpenter leads NL with 163 wRC+ just ahead of Rizzo who is 2nd.

    Rob G. 19 hours 47 min ago view