Non-Sale-of-Cubs Stories Rapidly Gaining on Non-Acquisition-of-Brian-Roberts Stories

With all of the excitementโ€”and by excitment, I mean disgustโ€”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
it.

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.

 

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Comments

I watched a very over-the-hill Edmonds struggle in San Diego. If the Cubs scouted him, they should have seen it, too.

The SunTimes' GREG COUCH just officially consigned FELIX PIE to the Cubs' pile of flopped top prospects.

http://www.suntimes.com/sports/couch/948348,CST-SP...

that's kinda like bill o'reilly calling something liberal.

when's couch not tearing something down or declaring things finalized?

decent article, but littered with his usual extreme writing and some "what-if's" that are declared stone cold realities.

seems he writes a "oops, i screwed up when i said earlier..." article for every handful of rants he goes off on.

This centerfield thing is getting ridiculous. Thirty five years since we had Monday out there and we still haven't found a good one. One year of Dernier being decent, one year of Walton being decent and that's it.

I think in 85 or 86 we had Dave Lopes in center for awhile, when he was 72. One year even Leon Durham got a few chances there. I think that was 82 or 83. I guess Lofton was good for half a season. Other than that, nothing.

Maybe we can bring back Mitch Webster.

Patterson was good for half a season (before his injury).

.298 / .329 / .511

What, you didn't get enough stability from Jerry Morales and Jerry Martin?

Sosa was acquired with the intent to start him in CF and he gave us a full season at CF I believe. And then pushed to a corner OF slot by Tuffy Rhodes.

Didn't Morales play more leftfield than center? I was thinking he was around at the same time as Monday, at least the first time he was here.

Patterson was good for half a year and Lofton for the other half. One good year in center between the two of them anyway.

We had the same problem finding someone for 3B since Santo and we finally got ARam. I'm confident we'll work out CF before long.

For the love of Harry Caray, somebody please change that "Featured Post" picture... I wanna head butt my monitor every time I see it.

EDIT: Looks like it changed write after I wrote this. I AM A GOD!

What an improvement! She's got a much better center field.

I am enjoying her right and left myself

Perhaps the pic should be moved to the TCR Approved Section of the website.

so you can buy those on Amazon?

Great typo from BleacherReport.com:

"Edmonds will likely clean waivers Wednesday after being released by the San Diego Padres recently."

From MLB to cleaning waivers -- you'd think Edmonds would have saved some of his salary over the years.

Here's the link: http://bleacherreport.com/articles/22967-MLB-Rumor...

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  • QuietMan 56 min 41 sec ago view
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    JoePepitone 3 hours 30 min ago view
  • Now who can argue with that? I think we're all indebted to Gabby Johnson for clearly stating what needed to be said. I'm particularly glad that these lovely children were here today to hear that speech. Not only was it authentic frontier gibberish, it expressed a courage little seen in this day and age.

    Jackstraw 3 hours 42 min ago view
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    jacos 4 hours 23 min ago view
  • it was between that and "more like the CRUNCH REALLY EARLY AM REPORTER because i'm gonna c.r.e.am all over this place."

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    crunch 4 hours 24 min ago view
  • Rob G. 4 hours 36 min ago view
  • that was the 2nd greatest piece of performance art since Donald Trump's campaign

    Rob G. 4 hours 36 min ago view
  • ๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€ good shit goเฑฆิ sHit๐Ÿ‘Œ thats โœ” some good๐Ÿ‘Œ๐Ÿ‘Œshit right๐Ÿ‘Œ๐Ÿ‘Œthere๐Ÿ‘Œ๐Ÿ‘Œ๐Ÿ‘Œ rightโœ”there โœ”โœ”if i do ฦฝaาฏ so my self ๐Ÿ’ฏ i say so ๐Ÿ’ฏ thats what im talking about right there right there (chorus: สณแถฆแตสฐแต— แต—สฐแต‰สณแต‰) mMMMMแŽทะœ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘Œ ๐Ÿ‘ŒะO0ะžเฌ OOOOOะžเฌ เฌ Ooooแต’แต’แต’แต’แต’แต’แต’แต’แต’๐Ÿ‘Œ ๐Ÿ‘Œ๐Ÿ‘Œ ๐Ÿ‘Œ ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘Œ๐ŸŽฉ๐Ÿ‘“๐ŸŽฉ๐Ÿ‘๐ŸŽฉ๐Ÿ‘“๐ŸŽฉ๐Ÿ‘๐ŸŽฉ euphoric logic !euphoric loGic๐Ÿ‘Œ thats โœ” some euphoric๐Ÿ‘Œ๐Ÿ’ป logic right๐Ÿ‘Œ๐Ÿ’ปthere๐Ÿ‘Œ๐Ÿ‘๐Ÿ‘Œ Carl ๐Ÿ”ญ Sagan๐ŸŒŒ๐Ÿ’ซif i do ฦฝaาฏ so gentlemen ๐Ÿ’ฏ i say so ๐Ÿ’ฏ thats euPhoric logic right there Richard ๐Ÿ“’ Dawkins๐ŸŽฉ (chorus: socrates died for this shit) mMMMMแŽทะœ๐Ÿ’ฏ ๐Ÿ‘Œ๐Ÿ‘“๐Ÿ‘ŒะO0ะžเฌ OOOOOะžเฌ เฌ Ooooแต’แต’แต’แต’แต’แต’แต’แต’แต’๐Ÿ‘Œ ๐Ÿ‘Œ๐ŸŽฉ ๐Ÿ‘Œ ๐Ÿ’ฏ ๐Ÿ‘Œ ๐Ÿ‘“๐ŸŽฉ๐ŸŽฉ๐ŸŽฉ ๐Ÿ‘๐Ÿ‘Œeuphoric logic slam me the FUCK uP ๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€๐Ÿ‘Œ๐Ÿ‘€ john cena JOhN cEna

    crunch 5 hours 3 min ago view
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    The E-Man 6 hours 12 min ago view
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    crunch 7 hours 55 min ago view
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    Old and Blue 8 hours 12 min ago view
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    Old and Blue 8 hours 13 min ago view
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    Rob G. 8 hours 54 min ago view
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    Brick 9 hours 39 sec ago view
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    Rob G. 9 hours 3 min ago view
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    Rob G. 9 hours 13 min ago view