Illinois Governor Indicted on Corruption, Charges Include Tampering with Sale of Wrigley
Illinois Governor Rod Blagojevich has been arrested on corruption charges. The most prominent charges involve allegations that he essentially tried to sell his pending appointment of a successor to the U.S. Senate seat being vacated by President-elect Obama.
However, the indictments also include a charge that Blagojevich threatened to make assistance in the Tribune's efforts to sell Wrigley Field conditional on the Tribune firing members of its editorial board who had criticized his administration and even called for his impeachment.
Not wanting to pre-empt the winter meeting updates too much, the details are after the break.
Looking at pages 41 through 49 of the indictment (warning, .pdf file), Blagojevich is accused of phoning officials at the Tribune and demanding the dismissal of editors who Blagojevich believed were "driving" the movement towards impeachment; the governor feared would impeachment could go forward early in the spring of 2009. If they were not let go, the governor allegedly threatened to block state assistance in the sale of Wrigley - a process that would go through the Illinois Finance Authority. In a phone call to an unnamed Deputy Governor intercepted by the FBI this November 3rd,
ROD BLAGOJEVICH’s wife can be heard in the background telling ROD BLAGOJEVICH to tell Deputy Governor A “to hold up that fucking Cubs shit. . . fuck them." ... Deputy Governor A told ROD BLAGOJEVICH that Tribune Owner will say that he does not have anything to do with theeditorials, “but I would tell him, look, if you want to get your Cubs thing done get rid of this Tribune.” Later, ROD BLAGOJEVICH’s wife got on the phone and, during the continuing discussion of the critical Tribune editorials, stated that Tribune Owner can “just fire” the writers because Tribune Owner owns the Tribune. (44)
The Tribune company, which just yesterday filed for bankruptcy protection, was widely known to be in financial trouble, so the threat to deny state assistance in the sale of Wrigley must have carried some amount of weight.
Pages 48 and 49 of the indictment gives a sense of just how much weight.
In apparent reference to the prospect of IFA assistance for the Wrigley Field deal, ROD BLAGOJEVICH then asked, “what does this mean to them? Like $500 million? What does it mean to [Tribune owner] in real terms?” HARRIS replied, “To them? About $100 million . . .maybe 150.” ROD BLAGOJEVICH said that he thought “it was worth like $500 million to ‘em.” ROD BLAGOJEVICH and HARRIS then discussed the details of the deal the Cubs are trying to get through the IFA. HARRIS [Blagojevich's chief of staff - Trans] said that it is basically a tax mitigation scheme where the IFA will “own title to the building” (believed to be Wrigley Field), and the Tribune will not “have to pay capital gains tax.” HARRIS explained that the total gain to the Tribune is in the neighborhood of $100 million. ROD BLAGOJEVICH said, “$100 million is nothing to sneeze at. That’s still worth something, isn’t it?”
The prosecuter in the case is U. S. Attorney Patrick Fitzgerald, most recently known for his prosecution of the Valerie Plame leak. Blagojevich, a Democrat, came into office on the heels of Gov. George Ryan, a Republican, who was convicted of racketeering and fraud, and presently is serving a six-year prison term. Fitzgerald's press release notes the potential penalties facing Blagojevich:
if convicted, conspiracy to commit mail and wire fraud carries a maximum penalty of 20 years in prison, while solicitation of bribery carries a maximum of 10 years in prison, and each count carries a maximum fine of $250,000. The Court, however, would determine the appropriate sentence to be imposed under the advisory United States Sentencing Guidelines.
rizzo #32...ties career high.
The team, farm and scouting system were barren when they arrive.
They punted two seasons, third season 73 wins which is what happened about 75% of the time in last 50 years
there was more than one way to get there
supposedly jed "who?" hoyer, too
same...i just happen to not like sitting through shit sandwich meals for multiple years. baseball is kinda boring when you're punting on 1st down for a slew of years in a row.
i fully understand why it was done, but i didn't enjoy it. there was more than one way to get competitive and this was the chosen way.
fwiw, apparently McLeod signed extension as well after he didn't get Twins gig.
I am once again reminded why I am happy that Theo is running the organization.
if not they can just intentionally tank the team for 3-4 years and rebuild.
Hopefully after the Cubs complete their sevenpeat :)
They're the best in the business and have been for 12 years running now. The only question is when they'll get bored of it.
I was right here. I don't require my GM's to be perfect, but I would like them to understand what wins baseball games (IMO controlling the strike zone and creating/avoiding outs), and knowing where the organization is in the success cycle.
Theo and company have made and will make plenty of mistakes, but they seem to understand those two items pretty well.
Now we're all Theo-believers, where were you when he signed Edwin Jackson? Or how about trading away DJ Lemehaiu? And not signing Samardzija to an extension? Or not pursuing Prince Fielder or Albert Pujols? Or signing Lester? Or trading away Cashner, Dempster, Feldman, etc?...I think I'm losing the narrative here.
So his deal runs through 2021? Which pretty much coincides when all these guys are due to hit free agency.
"Terms of the deal were not disclosed."
Theo inks five year extension
PC tonite at PNC
Not as a major factor, but could be a tie-breaker. But, yeah, on performance and experience, it's Coghlan.