MLB Approves Cubs Sale
The major league baseball owners have unanimously approved the sale of the Cubs to the Ricketts family. According to the Sporting News article, there are still a few hoops to jump through before the Ricketts officially take over day-to-day control of the team, which should hopefully happen before the end of the month.
The franchise still has to go through a 24-hour "pre-packaged
bankruptcy," which the Tribune reports will take place next Monday or
Tuesday. When that step is finalized, the banks financing the deal will
have a "10 day cooling off period" before they have to fund the deal.
When they do take over, Ricketts and Hendry will get to have this conversation (the following brilliance is from Andy Dolan at Desipio):
Jim Hendry: Mr. Ricketts, I need to talk to you about what we’re going to do with Milton Bradley.
Tom Ricketts: Sure, I knew this was coming.
JH: We owe him $21 million the next two years, but
we have to move him. We can’t possibly try to put him back in that
clubhouse with those players. They hate him.
TR: Fine. What are we looking at in return?
JH: Honestly, not much. There are only a few teams
that have any interest at all, and they don’t want to pay much of his
salary, and they don’t want to give up any real prospects. The best we
could do would be to trade for a player with a bigger contract, like
Aaron Rowand or Chris Young, and even then we’ll have to eat some of
TR: So we’re in a position where we’re going to pay a guy to not play for us?
JH: I think we have to. It’s better to pay him to not play here, than have him here poisoning the team and not producing.
TR: So it’s your opinion, that the best solution to
this is to not try to make something that’s not working, work, but
instead to cut the cord and eat the money and bring in somebody better
equipped to do the job?
JH: Exactly. Sometimes it’s the best thing.
TR: For example, you have three years and $9 million left on your deal, right?
TR: So how about this? How about I eat that nine
million bucks, and pay you to not screw up our roster and our payroll
anymore, and bring in somebody else to do the job, instead of having
you try…again…to find somebody to bat lefthanded and not poison the
clubhouse and underperform? Because, as you read in the papers for
months, I need to decide what to do with Kenney. He thinks he’s going
to stay on to handle the Wrigley Field renovations and be your boss.
But I could bring in a baseball guy like John Schuerholz or Sandy
Alderson to be the president, and instead of having them be your boss,
they could just do your job.
JH: Uh…I guess.
TR: Great. Now why don’t you and Crane leak that
to your little toadies, Levine and Kaplan? I’ve got a completely
fucked up payroll to worry about.
Speaking of the payroll, Arizona Phil has updated the right sidebar with the latest estimates. The Cubs are on the hook for $118M in guaranteed contracts and an estimated $18 million if they auto-renew and sign all their arbitration eligible players (which they probably won't). That puts the grand total at around $136M before any dealmaking gets under way.
Russell had a severe hamstring last year while with the A's system, forcing him to miss the first half of 2014. I've even wondered if his injury last year was a component of Billy Beane putting him on the trade market. He was quoted saying that last yeas injury was a 10 out of 10 when it happened. Last night he said his hamstring soreness was a 1/1.5 out of 10. Hamstring injuries are tricky though, so I'd expect the medical team to be overly cautious here.
...I want to reinforce the observation that there was no sea of red in the crowd. The usual Cardinal fans roaming the stadium were few and far between.
Also, almost every 2 strike pitch brought the fans to their feet. Good for those in knee rehab.
"1st team hit hit 6HR in a game in the postseason." rises above obvious...i checked it with the official fact-finding commission of Douche, Douche, and Douchestein. they agreed with you, but they're a bunch of f'n douches so who cares?
btw, the cubs are 2-1 in the post-season series.
I should be able to watch the game on the NFL replay app, whatever that thing is called. I've got it on my iPad. This is the first year I haven't forced myself to somehow watch every game - no I take that back, last year was - in quite some time. Last year was so unbearable, no pun intended.
You make some good points about Cutler, and I was a holdout defender of Cutler for a long time. I gave up on him a bit after one too many dumb interceptions, but last year doesn't count. Trestman was the worst coach in Bears history.
Nice little reportage there!. I think you're older than me. Considerably older. Maybe several generations. Working out is so essential, especially as age kicks in, isn't it? I still lift weights, and so I'm confident that when I get to be at the hip breaking age, mine won't be a statistic. But I have a ways to go for that to be a concern.
What was impressive to me is that the Cubs won despite poor base running, several defensive miscues, Russell leaving due to injury, Arrieta having an off game and getting knocked out early, and Rondon giving up 2 runs in the 9th. If they can win a game like that...
I was there too. The crowd was absolutely electric. People were standing for every big and semi-big moment, from the first inning on. It felt incredibly strange and exhilarating to see the Cubs (the Chicago bleepin' Cubs!) score playoff insurance runs on the Cardinals. What a game. One to remember.
14 in attendance. What's the record for attendance in the fall? I guess I should ask what the record attendance listed is in one of your recaps.
I was there too, with my grown son. This is my miracle year-- I rose to the top of the season ticket list after eight years, completely unexpectedly, and my wonderful wife agreed to put the ticket fee on the emergency credit card. The whole point of course was that the Cubs were going to be good this year, and then for a while, so to get season tickets with the guaranteed shot at the postseason was incredible timing. We got to the remote lot at 4:10 after stopping at Nhu Lan for our usual banh mi sandwiches, only to find the lot full, way earlier than normal.
Wrigley was electric tonite
Not many card fans
Video board was great, they played "there goes my hero" by foos over ryno highlights before he came out. Spectacular
Good times hopefully they win tomorrow but think Lester will beat poopy pants on Wednesday.
Happy 4th anniversary of Theo's signing
Go Cubs !
Yeah. "Goodbye!" is a lame HR call.
I miss Len and JD -- although, driving home from a friend's, WBBM played all 6 HR calls in a row -- and Len got to call the Bryant/Rizzo back-to-back. Very fun.
Lackey has been a beast against us. His stats on 3 days rest, however, not as nice. There is plenty of hope.
And, no dreadlocks grown yet.
Captain Obvious Strikes Again!!!
In the wild card game he mentioned that aram started with the Pirates, then played for the Brewers, and now he's back with the Pirates. Uhhhh, missed a step there, guy.