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.โ€”(Commissioner Bud) Selig's personal favoriteโ€”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!!

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  • QuietMan 6 hours 56 min ago view
  • FYI, formatting of the web page is weird.

    JoePepitone 9 hours 30 min ago view
  • Now who can argue with that? I think we're all indebted to Gabby Johnson for clearly stating what needed to be said. I'm particularly glad that these lovely children were here today to hear that speech. Not only was it authentic frontier gibberish, it expressed a courage little seen in this day and age.

    Jackstraw 9 hours 41 min ago view
  • White Sox new stadium name w apropos logo

    https://mobile.twitter.com/SportsCenter/status/768...

    jacos 10 hours 23 min ago view
  • it was between that and "more like the CRUNCH REALLY EARLY AM REPORTER because i'm gonna c.r.e.am all over this place."

    i chose the classy route.

    crunch 10 hours 24 min ago view
  • Rob G. 10 hours 35 min ago view
  • that was the 2nd greatest piece of performance art since Donald Trump's campaign

    Rob G. 10 hours 36 min ago view
  • ๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€ good shit goเฑฆิ sHit๐Ÿ‘Œ thats โœ” some good๐Ÿ‘Œ๐Ÿ‘Œshit right๐Ÿ‘Œ๐Ÿ‘Œthere๐Ÿ‘Œ๐Ÿ‘Œ๐Ÿ‘Œ rightโœ”there โœ”โœ”if i do ฦฝaาฏ so my self ๐Ÿ’ฏ i say so ๐Ÿ’ฏ thats what im talking about right there right there (chorus: สณแถฆแตสฐแต— แต—สฐแต‰สณแต‰) mMMMMแŽทะœ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘Œ ๐Ÿ‘ŒะO0ะžเฌ OOOOOะžเฌ เฌ Ooooแต’แต’แต’แต’แต’แต’แต’แต’แต’๐Ÿ‘Œ ๐Ÿ‘Œ๐Ÿ‘Œ ๐Ÿ‘Œ ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘Œ๐ŸŽฉ๐Ÿ‘“๐ŸŽฉ๐Ÿ‘๐ŸŽฉ๐Ÿ‘“๐ŸŽฉ๐Ÿ‘๐ŸŽฉ euphoric logic !euphoric loGic๐Ÿ‘Œ thats โœ” some euphoric๐Ÿ‘Œ๐Ÿ’ป logic right๐Ÿ‘Œ๐Ÿ’ปthere๐Ÿ‘Œ๐Ÿ‘๐Ÿ‘Œ Carl ๐Ÿ”ญ Sagan๐ŸŒŒ๐Ÿ’ซif i do ฦฝaาฏ so gentlemen ๐Ÿ’ฏ i say so ๐Ÿ’ฏ thats euPhoric logic right there Richard ๐Ÿ“’ Dawkins๐ŸŽฉ (chorus: socrates died for this shit) mMMMMแŽทะœ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘“๐Ÿ‘ŒะO0ะžเฌ OOOOOะžเฌ เฌ Ooooแต’แต’แต’แต’แต’แต’แต’แต’แต’๐Ÿ‘Œ ๐Ÿ‘Œ๐ŸŽฉ ๐Ÿ‘Œ ๐Ÿ’ฏ ๐Ÿ‘Œ ๐Ÿ‘“๐ŸŽฉ๐ŸŽฉ๐ŸŽฉ ๐Ÿ‘๐Ÿ‘Œeuphoric logic slam me the FUCK uP ๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€ john cena JOhN cEna

    crunch 11 hours 2 min ago view
  • You can start the CRUNCH EARLY AM REPORTER. Then you can blog to yourself, and argue with yourself about Jon Lester.

    The E-Man 12 hours 12 min ago view
  • my current job has me coming in at 7am (eastern)...i miss staying up til 2am to watch west coast games.

    crunch 13 hours 55 min ago view
  • Remember when west coast road trips were a good time to catch up on some reading?

    Old and Blue 14 hours 12 min ago view
  • Taboola field is more appropriate.

    Old and Blue 14 hours 12 min ago view
  • we can only hope...

    The things you have to do to pay for James Shields contract.

    Rob G. 14 hours 54 min ago view
  • I wonder if they'll have to make use of the Guaranteed Rate logo, which is a giant red arrow pointing downward.
    https://www.guaranteedrate.com

    Brick 15 hours 10 sec ago view
  • unsurprisingly, the White Sox continue a tradition of stupid stuff....

    @DannyEcker BREAKING: Guaranteed Rate has purchased naming rights to U.S. Cellular Field. Will be known as Guaranteed Rate Field thru 2030.

    Rob G. 15 hours 3 min ago view
  • that was a very kind 3rd strike to hendricks to end the 3rd.

    man on 3rd, 0 outs and got 2 pop-ups and a K...Maddux-lite indeed

    Rob G. 15 hours 13 min ago view