FanPost

Cubs sale to Ricketts APPROVED



Per the normally useless Dave Kaplan, the other 29 owners of MLB teams met via conference call today and approved the sale of the Cubs to the Ricketts family.  Before things become official, it has to go through some bankruptcy issues next week.  After that, the banks putting up the cash to fund the deal get 10 days to think things over before they are required to loan the money.  The deal is expected to close around the end of the month.

This is a FanPost and does not necessarily reflect the views of SB Nation or Al Yellon, managing editor (unless it's a FanPost posted by Al). FanPost opinions are valued expressions of opinion by passionate and knowledgeable baseball fans.

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