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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  • Reds pitching meeting tomorrow:

    "Hey coach...maybe we should walk Bryant?"
    "No...keep challenging him with fastballs! What kind of man are you?! The Cubs walked Harper, and look what happened there! They got teased for it, by one of the Nat players! Is that what you want?"

    billybucks 4 hours 54 min ago view
  • How can I get that feature? I think it woudl be a win-win for all involved.

    billybucks 4 hours 58 min ago view
  • Ian Happ is hitting.733 after 5 games at Tennessee. He went into tonight's game hitting .667 -- and went 3-for-3 to raise his average.

    2-for-3, including a bomb, for LaStella at Iowa. Pierce Johnson very bad -- 2IP, 5ER. Pitching prospects not looking so hot -- Underwood has been awful.

    Did Jiminez get hurt? I noticed he came out early yesterday.

    billybucks 5 hours 46 min ago view
  • Contreras keeps hitting/walking like this, and Miggy keep up the poor D and lack of offense - the kid could be the #1 catcher very soon.

    billybucks 5 hours 52 min ago view
  • it doesn't hurt that the Cardinals lose the KC and the Pirates lost too.

    Cubster 5 hours 52 min ago view
  • ...still trying to process what I just saw. From both KB and Jake. Walking Billy Hamilton twice is a cry for help. I think the nudie photos are messing with Jake's head.

    billybucks 5 hours 55 min ago view
  • Hopefully Peralta's time on the Cubs roster will be shorter than R. Soriano's.

    Cubster 6 hours 11 min ago view
  • it took 9 pitches for peralta to give up his 1st cubs homer. neat.

    crunch 6 hours 16 min ago view
  • damn...totally missed that ruben quevedo died on june 7th. he was only 37...heart attack.

    he threw some really horrible games for the cubs in 2000 and followed it up by doing the same for 3 season for the brewers.

    crunch 6 hours 23 min ago view
  • Holy Kris Bryant what?!

    Ryno 6 hours 24 min ago view
  • Hitting 3 HR, 2 doubles in a game. Never been done in mlb history per Len/Bob.

    Cubster 6 hours 36 min ago view
  • walks? this is baseball, not a nature hike. he needs to get his head in the game.

    in my opinion, he would have been better off hitting 2 homers rather than walking twice. /moneyballs

    crunch 6 hours 39 min ago view
  • Rizzo: 2-3, homer, double, 2 walks - meh

    Eric S 6 hours 42 min ago view
  • in other news, the site seems to be eating about 50% of my comments...which is probably a good thing in hindsight.

    Rob G. 6 hours 44 min ago view
  • The Tucker Barnhart reactions after each Kris Bryant HR are kind of priceless.

    Rob G. 6 hours 47 min ago view
  • ...but, he's also good at home runs, too.

    also, rizzo.

    crunch 6 hours 51 min ago view