I don't know how trustworthy this source is but I play baseball with a kid whose dad is an attorney for the Ricketts family and is working on the sale. I mentioned Halladay jokingly and he said that the Ricketts family is pretty mad at the Tribune for signing all these aggresious contracts and then asking too much for the franchise. He said that the family told the Cubs to not take on any more contracts or increase payroll at all. Thus, he said don't expect any big trades unless its salary dump or an even trade. So it should be a quiet trade deadline for the Cubs unless Hendry gets creative.
Edited July 22, 2009 at 3:24 am ET:
Alright, since a lot of you are skeptical of my source or even intentions of this post, I'm going to clear it up a little bit and give you some more info to placate.
I was simply relaying the message, everything I posted is 100% true of what I heard. Unless the guy's dad lied to him and he lied to me (no reason to lie in either case), its true. But you are probably reading too much into Ricketts being mad. He's mad because the Cubs value was overestimated by the Tribune company and that the payroll had ballooned during negotiations. The payroll is way too high in his opinion and that along with the Cubs being overpriced put a minor snag in the sale. I wasn't saying the family isn't going to buy the Cubs because of this, just that payroll definitely won't be increased and thus no big trades coming up soon.
As for the source, I play college baseball and play on a summer team apart of the Mountain Collegiate Baseball League. The "kid" in the post is 20 years old. And being the only Cubs fans on the team we talk a lot.
If you want more info on the actual conversation that went down...my teammate told me this because he had called his dad asking about the supposed trade which was completely made up by the media. He said his dad started getting a bunch of emails and phone calls congratulating him on the sale. He had told me at the time (this was about a week and a half ago) that they still expected to have the deal in a couple days, and that the big thing holding it up at the moment was that the Tribune had over priced the Cubs especially with the insane contracts. Thats when he said Ricketts was, as he put it, pissed and that he wouldn’t allow for any more payroll and not to expect any trades unless they drop salary or are an even trade.
I hope this clears somethings up.