Non-Sale-of-Cubs Stories Rapidly Gaining on Non-Acquisition-of-Brian-Roberts Stories
With all of the excitement—and by excitment, I mean disgust—over the likely Cubs signing of Jim Edmonds, there wasn't an opening here yesterday to note the snag in efforts to peddle Wrigley Field to the Illinois Sports Facilities Authority.
The Sun-Times reported Tuesday morning that the state agency and Tribune Company owner Sam Zell had failed to reach an agreement because the state's offer relied...
...on a novel and untested financing plan: the sale of
individual seats at Wrigley as if they were condominiums. The idea is
called equity seat rights and has been advanced by Chicago area
business executive Lou Weisbach, who has applied for patent rights on
Zell, Cubs Chairman Crane Kenney and their advisers have concluded
that the equity plan and its tax ramifications would violate both the
Internal Revenue Service code and the rules of Major League Baseball...sources said.
Very late Tuesday night, however, the Tribune reported that the ISFA and Zell will continue their negotiations and that "sources said...the media conglomerate is privately
indicating it might hold off selling the ballclub if the inevitable
need for costly repairs at the antiquated ballpark significantly
discounts the bids it fields for the team."
Tribune Company is due to begin paying down its debt with the banks on December 4th, when a $650 million payment will be required. At one point, it was thought this might ensure the sale of Wrigley Field and the Cubs before the end of 2008. But Zell's recent agreement to sell Newsday, a deal that will net Tribune Company about $630 million in cash, gives the foul-mouthed billionaire the latitude to take his time negotiating the sale of the ballpark and the team.
SF loses their 7th in a row (ow).
WAS is now #1 on the heels of the cubs at 7.5 games back.
Even when logically I know I should root for the Cardinals, I cannot. I think it's worse than the Packers thing. I think it's literally the worst thing.
Kinda weird stat -- the NL has 5 teams that are at least 20 games under -- it was 6 before the Brewers swept the Pirates -- and there are none in the AL. Oakland has the worst record in the AL at 18 under. Hunh.
Jon Lester scored his first career run today. And his 2nd. Now I see why hit bats 8th.
Every Cub starter has scored at least one run so far today, Russell leading the way with 3
Anybody with an over/under on the Cubs getting to 30 runs today?
JD pointing to Javy's minimal leg kick on that blast.
Send bullpen home go get your complete game Lester
Javy with 3 hits, including a home run, and a walk.
Cubs with lowest batting average in MLB but highest walk total in NL, as Rizzo clubs a grand slam
He drew a bases loaded walk early in the game
i hope Baez draws a walk today!
I hope Baez will draw a walk today.
Have a day!!
/another diaper dandy
one of the slowest men in the game is taking a 20+ft lead off 2nd.
i think the "he's working on throwing over" knockdown scare has worn off in the 4th inning.
it keeps working, though. this is at least the 3rd time someone from the club has announced "he's working on throwing over" and the opposing team being cautious the next game. they should do this before every start.
Lester does not get the Michael Jordan treatement from umpires. He really has to fight for his strikes sometimes.