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.
...and Kalish with the start over Soler. Wow.
Heyward not starting tonight, Ramirez to Bereavement List, Patton up.
Awesome! Also, dammit! I just finished a Russell verse!
Hit a grounder up the middle, damn right ya better hustle
I don’t miss, you know this, my D is the dopest,
I’m lovin’ it and glovin’ it and shovelin’ it to Zobrist
Another twin killing, score it six-four-three
If I keep this up they’ll name another street for me
There ain’t no SS better than Russell
And I’m just here to do the World Series Shuffle
you couldn't make his game tighter if you cinched it in a bustle.
For the pinch you got La Stella and little Matty Szczur,
two real "gritty" fellas. And then there's the geezer,
grandpa Rossy, for when you need a team leader
or just a catch and throw guy, to keep the runners at first,
or to nab them on a pick off; he's got 'em mic'd in the shitter,
yeah, caught with their pants down
[MIKE D and MCA]: Like my boy ROBERT DURST!
E-man, you should stay away from the NY Times sports page today, based on your last comment
Save this post for late September please. Let us not taunt the Gods of "Cubbery" please.
They are waiting for us, and are apt to pounce at the slightest hint of positive projection.
Awesomeness - bravo!
Thanks. If there's anyone who knows anything about insightful comments, it's definitely you.
yeah, it's hard being me. i don't know why anyone would want to do it, but someone's gotta do it.
clap clap clap clap
I'm the man with the beard, names Arietta
Pitches hitting harder than a Beretta
I'm the modern day Bob Gibson, make hitters see crimson
So all you listen, I'm on a mission to get us in the position
To bring to Chicago something rarer than a black truffle
When me and my crew do the World Series Shuffle