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.)
Wait...you're flip-flopping again?!
Is this legal? What is the rule here on opining definitively and then changing your mind?
I am not only surprised at your declaration, but Cutler's better 2015 showing. I don't get it - he went through Martz, Turner, Trestman, Kromer, and now Gase...and he is still here! And. he'll be here mext year too.
Happ signs w Jays
Morsi saying Price won't be a Jay
needs more d.beeler and e.jokisch
As an Illinois tax payer I appreciate what they r doing
+ Bankruptcy Court
2 spots left on the 40-man...wonder if they're going to play around in the rule-5 market...
A special after day after Thanksgiving thanks to AZ for his insanely detailed posts on all things roster. I don't know how you keep track of all that stuff - I suspect a chip implant, but whatever it is, it's cool.
...the wrong half.
there's nothing like crapping out of the playoffs with a strong/young cheap team after pinching pennies for years then having theo talk about having to be creative with money to make things work for 2016...but hey, baseball isn't baseball without a farmer's market and beer garden plaza with ice rinks.
they can do both...then again, if you want to look at it from a business point of view, they don't have to do both because the team is expected to be competitive and the merch+tickets+eyes-on-team are going to be at a peak unless they fail badly.
They are trying to bring the facility to the 20th century.
I think they know what they are doing.
With the Cubs adding Pierce Johnson to their roster and not exposing/losing him to the Rule 5 Draft keeps the trade ancestry tree alive that started in 1999 with Tom Gordon and undrafted Adam Morrissey and includes 17 players, the trade tree progressed to involve the Hee Sop Choi for Derrek Lee deal and the famous Aramis Ramirez/Kenny Lofton deal..Pierce Johnson is the compensation pick for Aramis Ramirez in 2012
the Rex brothers?
Yeah, the Rex brothers, Tyrannosaurus and Oedipus