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
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
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.)
To take my mind of this latest disaster...wow, I thought baseball money was crazy, but NBA money is now super-wacko crazy. Joakim Noah is 31 with bad knees and absolutely no offensive game. He can't make a layup. The Knicks just agreed to pay him $72M over 4 years. Holy crap.
Thank you, Jason, for allowing me to get to bed at a decent hour. Very thoughtful.
It will be very interesting to see what Theo does at the deadline. Of course, if Jake doesn't get straightened out, it really doesn't matter. A lot of Jake's comments this year, and his posing for nudie pics in the ESPN magazine, rang some alarm bells -- after one great year (and it was amazingly great), his head has swelled tremendously. Jake, look up the word "hubris", then look in the mirror.
...and we're back from the 3rd rain delay.
at least the cubs have a decent backup of...ummmm....well the minor league system has...uhhh...hmmm.
maybe adam warren can manage to throw less than 100 pitches in 5 innings? no?
Not to worry -- I'm sure Hammel will finish strong in the 2nd half of the season (~sad chuckle, reaches for Scotch bottle~).
Hammel has had a rather challenging last month. I am hoping post-break that Hendrix gets pushed ahead of him. They'll be lucky to win a game in NY
hey, alright...cubs losing by 9 and a 3rd rain delay. awesome.
If baseball does not work out for Patton, I think he's got a future in Civil War re-enactments. He's got a solid Johnny-Reb look to him.
David Ross - the mound awaits you.
RIP jason hammel's awesome ERA.
10 ER in 4ip...almost a full point tacked on tonight, alone. 5HR given up tonight. oogly.
Nimmo certainly does not want to see the Cubs leave town. His first MLB rbi last night and now his first HR.
At least Hammel is eating some innings ... this is the kind of game Peralta should be used if at all.
OK, the hell with it.
It's July 1 -- Hammel starting to suck right on schedule.
Other than sweeping the Reds -- a bad team actively trying to lose -- this will make 8 losses in 9 games to good teams (Cards, Marlins, Mets). Not good at all.
Belicheat a consultant for the Red Sox?
And, so, Jason Hammel decides to test my new resolution right away. Sheesh.
No Wright, no Duda, no Granderson -- no problem for NY. Ugh.
game restarting...degrom on the mound, hammel taking his AB.