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.)
This from a Kiley McDaniel chat a couple weeks ago...
"Comment From Wrenzie
Who has more ceiling between Yusniel Diaz or Eddy Julio Martinez?
Kiley McDaniel: Martinez. I have Eddy (20 years old) as a 65 runner with a 55 arm and 50 raw power that profiles as an everyday CF that could be above average depending on if the bat is a 45 or a 55. I have Yusniel (19) as a 60 runner with a 55 arm and 40 raw power that can be an everyday guy if he hits enough (50 or 55)."
"Per Jesse Sanchez at mlb.com, Cubs reportedly have signed 20-year old Cuban OF Eddy Julio Martinez for $3M bonus.
Arizona Phil 7 hours 23 min ago"
neat. 41 years old and damn close to 3000 hits.
also, rain delays suck.
take that giants
TEX takes the opening game from TOR (@TOR) 5-3.
Ride the Kid Magic! Schwarber hadn't homered in a long time before last night.
Greg Maddux was 8-18 in his rookie season. Kyle has the 8 wins down pat.
Think Baby Maddux.
Prof. Harold Hill's THINK system at work.
Kyle is on the far left.
Just tweeted via Jesse Rogers: Hendricks starting Game 2. Wow. Just wow.
That was good!
1. I hate the fact that after 162 games, a team could be out after 1 game. However, I think the system is pretty close to perfect right now. 2 of 3 isn't feasible unless they shorten the regular season, and it ices the division winners for way too long. This creates excitement, and rewards the division winners.
Personally, I think the game could have had a very different look had the Pirates held onto the ball and tagged Fowler out on the steal in the first. Cole was clearly frazzled, but if they took that runner off the base, it could have relaxed him a lot.