BP on sale of the Cubs

I'm pretty sure most of it is just for subscribers, but Shawn Hoffman (who wrote the article and also runs Squawkingbaseball.com) believes the deal will eventually get done with Ricketts.

over 2 years ago MJMars 8 comments 0 recs |

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I agree with the conclusion.

One thing Hoffman doesn’t seem to understand is that the Cubs (and thus, Ricketts) own 25% of CSN Chicago — they don’t have to “make a deal” with a channel they’re part-owner of!

"You can observe a lot just by watching." ~ Yogi Berra

by Al Yellon on Jul 1, 2009 9:12 PM CDT reply actions

I'm not a subscriber, so I can't read much of it

But how would 25% ownership make it so you don’t still have to work out a deal? I’m assuming what I’m missing is what’s in the rest of the article. Just curious. Thanks.

Chicago Cubs Rumors and News

by Brett Taylor on Jul 1, 2009 9:24 PM CDT up reply actions

Well...

… it’s not as if they have to make an independent contract with a company that’s owned by someone else.

And no, there’s nothing missing about that part in the rest of the article.

"You can observe a lot just by watching." ~ Yogi Berra

by Al Yellon on Jul 2, 2009 8:13 AM CDT up reply actions

Maybe he's referring to making a deal with the parties (Blackhawks, Bulls, Sox)

that own the other 75% of the channel?

Hey, it's a new century!

by cowsarecool220 on Jul 2, 2009 11:37 AM CDT up reply actions

Didn't sound that way in the article.

"You can observe a lot just by watching." ~ Yogi Berra

by Al Yellon on Jul 2, 2009 12:31 PM CDT up reply actions

This makes at least the 2,457th report that predicts that the deal will eventually get done with Ricketts

It’s like predicting that that sun shall set in the West next Tuesday evening.

$136 million payroll for a .500 style ballclub. Good work Jim.

by BLou on Jul 1, 2009 9:55 PM CDT reply actions

peavy

by tim815 on Jul 2, 2009 7:09 AM CDT reply actions

PV

I've committed to tweeting about the Cubs for the rest of the season. (Does that sound as ridiculous as I think it does?) Anyway, if you're on Twitter, you can follow me here.

by daver on Jul 2, 2009 9:20 AM CDT up reply actions