Lots of lying and backstabbing.

The scenario put on that blog is plausible. But I’ll wait and see if I hear anything more definitive before I comment further.

most disturbing part was the last two sentences “The major league owners group however, intimated to Zell they would never approve Cuban. The fact is Jerry Reinsdorf still has great influence over the majority of baseball’s owners.”

The whole premise of owner’s voting on who purchases a franchise smells. This is not some country club where members vote to allow someone to join their ranks. In a case where a property is held by stock-owners, there is a fudiciary responsibility to the owners. This may not strictly apply to the Cubs case, but in the broader sense, an owner such as Zell would have legal recourse if it could be proven that blocking the sale of the team would cause undo financial harm to the company in question. The other owners cannot force another owner to reject an offer strictly on the basis of their dislike for the potential owner thus forcing the party in question to accept a less desireable offer.

Of course, the current owner would have to institute the lawsuit, thus potentially tying up the sale for an undetermined period of time.

The current anti-trust exemption does not avail Major League Baseball of its fuduciary responsibility to the members of the owners group and it’s interested parties. In other words, you can’t block me from doing business or selling the team to a potential party for your own frivolous reasons.

but understand Canning is p/o the good ’ol boys club; which scares the living shit out of me. With anyone like the dirtbag who owns the team south of Madison St being in charge of our beloved Cubs, I can have nothing but negative thoughts.

If it comes down to a battle between Zell and MLB (MLB being the Canning advocate), I’d love to see Zell go toe to toe with MLB to get anyone other than Canning in there. I just have a bad feeling about that “selection”.

Zell is obviously a bottom line guy, so if Cubans bid maximizes his profits, Id imagine he would take all recourses to get that bid to go through.

I think all this anti-Cuban stuff is way overblown, he even got a letter or rec. from David Stern, his supposed arch rival.

The local tie angle doesnt really add up to me either, the Cubs are a national franchise so I dont see why a buyers regional background should matter.

Just get this thing done already so its not hanging over the front offices heads when its business time in the winter.

They’ve long been the best candidate from my perspective. I’m not sure why everybody is surprised that Mark Cuban is not seriously in the running. Everybody knows that the MLB owners have to approve a new owner. There is zero chance Bud the Dud Selig, Jerry Reinsdorf and the other owners want Cuban in their fraternity. Therefore in the end he won’t be. Sam Zell can scream all he wants and stick a roomful of lawyers on MLB. In the end it won’t matter.

I dont’ want any of the Wall Street or LaSalle Street gangs being mentioned either. Lets have a good old fashioned American owner in the form of the Ricketts family. Just say no to the money men.

that this guy has any sources who know anything BUT I think Ricketts is in a strong position to buy the team.

What worries me, though, is Zell’s leveraged partnership scheme that he wants to avoid paying capital gains taxes. One, as a taxpayer, I find it scummy but two, as a Cubs fan, it would put a huge debt load on the new team that could possibly cripple the team for a decade or more.

I would think Zell would love Cuban’s plan to buy advertising on WGN, since that would move the income off the sale and towards keeping WGN afloat. But I have a to admit I’m no expert on this kind of finance.

in an interview last week if Cuban had a chance of buying the team and he said if Cuban is the highest bidder he didn’t see any reason why he wouldn’t.

really dont mean a dang thing. reinsdorf,smeinsdorf his word dont mean nothing. at the end of the day the highest bidder that has the cash asap will buy this club period. if cuban has 1.3 billion dollar in his hands and the others have 1.2 in theirs—cuban will be the owner. all the speculation means nothing really. money talks and zell invested to make money not do favors and hear opinions.

I post on this site called prosportsdaily and they deleted a thread which was created from this story bc it was a poster created site so the information isnt all that reliable.