Just Another Boring Off-Day
So.
It's Tuesday. Anything interesting happen yesterday?
While you're all stewing and mulling and pondering and hyperventilating over the impending sale of Tribune Company, and what it means to the Cubs and whether Wrigley Field will be included in the Cubs sale (and I cannot imagine any prospective owner NOT wanting the ballpark, too), I wanted to tell you about a book I've recently read, which I highly recommend and which will give you, or ought to, a new perspective on your life.
"In An Instant" is the story of Bob Woodruff, the ABC News reporter and anchor who was seriously wounded while reporting in Iraq.
I feel an affinity toward him and his wife, Lee, who co-wrote the book, not just because I also work at ABC, but because both of them attended my school, Colgate University, though after I had graduated. The book is written in "segments", almost like a diary written by both of them as a conversation or journal, describing not only how he was wounded and recovered, but also how they got to that point in both their lives.
The recovery itself was nothing short of miraculous -- half of Woodruff's skull was destroyed by the bomb blast and had to be reconstructed, and he is lucky to be alive. Lee Woodruff tells of how she had to tell her kids, and the rest of her family, and how they all pulled together. While it is true that, because he is a journalist and thus has access to resources that others perhaps wouldn't, the story is still one of survival, of doubts, of highs and lows, that anyone in such a situation would go through. It's a story of love too, not just Lee and Bob, but their entire family and how their faith in each other and in their doctors helped bring him back to where he could return to work at nearly full capacity, though his rehab continues even today.
One very good thing that came out of this event, was that Bob Woodruff was able, through his position as a reporter, to help bring attention to the plight of soldiers who don't have the resources he had, and also the current troubles in VA hospitals around the country. His family has also started the Bob Woodruff Family Fund for Traumatic Brain Injury, which will help to assist members of the military who have suffered brain injuries.
I'm not sure I've really managed to capture how much I was touched by reading his story, an amazing tale of survival and renewal. It's a story of love and family and hope, and well worth reading. In the summer of 2008, I'll be attending my 30-year college reunion (gulp! how could it have been that long?), which I have learned will be Bob Woodruff's 25th. I hope to meet him then and shake his hand -- I admire him and his wife greatly.
Read this book. Well worth your time.
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Didn't want to panic....
The concept that Wrigley could be sold to someone other than the buyer of the Cubs is jarring and something that I hope does not happen. I am hopeful that this is the start of public posturing to maximize the sale value. Maybe the Tribune is also being represented by Drew Rosenhous...
Wrigley and the Cubs
I am guessing that we may see the Tribune tower sold as well. No reason why the Tribune has to be right on Michigan Avenue. They can move what's left of the paper to over near the Printing Center . Zell is going to bring major changes, mostly bad, to the City.
Speculation...
Sure, they could do that. The city, however, won't know about the Olympics till 2009, which is when the IOC will make the final choice of its host for 2016. Unless, of course, the USOC chooses Los Angeles when they make their decision later this month.
I think the value of Wrigley Field to Tribco is higher if it's sold as a ballpark than as real estate. It could increase the value of the franchise by $100 million or more. There's no way that land is worth that much if it's not a ballpark.
Actually,
If the Zell deal goes through, it would be smart to divide the park and the team. They will get more if sold seperately. The new owner of the team may want the park, but likely would be outbid by someone with a plan for the property.
by timeforachange on Apr 3, 2007 11:38 AM CDT up reply actions
Landmark Status
DmL
Correct me....
There was a big deal made of it, but it passed through with the mayor's backing.
I hope the park stays up, but, I would not be shocked if the new owners go to the city and asks to build a new park to strengthen their revenue sources. My guess would be somewhere on the West Side.....
by timeforachange on Apr 3, 2007 3:36 PM CDT up reply actions
Where?
Bonds.....
My guess is it would be tied to the olympic bid....
I would have to look at the #####'s BUT, I could argue it would be better for the new owners to self fund the stadium rather than lease Wrigley....
by timeforachange on Apr 3, 2007 3:46 PM CDT up reply actions
I'm willing to bet
by sanantonecub on Apr 3, 2007 12:26 PM CDT up reply actions
yup
by mike @ Bleed Cubbie Blue on Apr 3, 2007 12:35 PM CDT up reply actions
But...
It was suggested in one article that the Tribune could sell the park to someone who would lease it to whoever buys the Cubs. Or they could keep it and lease it themselves.
That makes more sense, I think,.
Yep...
The Cubs and the ballpark are what make the neighborhood and nightlife what they are. A lot of things would be adversely effected if Wrigley was gone...
by Mark H @ Bleed Cubbie Blue on Apr 3, 2007 2:31 PM CDT up reply actions
Actually,
by timeforachange on Apr 3, 2007 3:06 PM CDT up reply actions
Or...
NO!!!!!!!!
An up and coming Lincoln Park!!!!
by timeforachange on Apr 3, 2007 3:43 PM CDT up reply actions
lol
by Mark H @ Bleed Cubbie Blue on Apr 3, 2007 4:25 PM CDT up reply actions
That's the thing that bothers me though
Oh, and earlier in this discussion it was said Zell has to sell the team because of his part-ownership in the White Sox. C'mon. He could more easily sell the share of the Sox than the Cubs. He's selling the Cubs because his buyout plan is highly leveraged. The Cubs don't fit in with the rest of the Tribune's media conglomerate and they can be easily sold to pay down the debt without affecting the core business.
Al,
If they have to lease the park, the new owners would, IMHO, be nuts to not seek a new park. It would be a bad business decision if they did not. The prospective buyers did not get to this point because they are bad businessmen.
by timeforachange on Apr 3, 2007 3:41 PM CDT up reply actions
Do me a favor.....
I would bet the farm if another person or group purchased the park they would place unrealistic demands on the new team ownership group. The owners would virtualy have NO choice but to seek other options.
by timeforachange on Apr 4, 2007 3:28 PM CDT up reply actions
Nonsense.
by frustratedfan on Apr 3, 2007 5:50 PM CDT up reply actions
hmmm
by 26.2cubfan on Apr 3, 2007 10:11 PM CDT up reply actions
Stretch of Bars
by frustratedfan on Apr 4, 2007 10:02 AM CDT up reply actions
If the Cubs are sold
If I were looking to buy the Cubs, I'd probably buy the team and Wrigley together, then look to sell the stadium in a sale-leaseback with a VERY favorable tenant-lease for a huge term like 99 years. That'd be the way to do it.
Re
There is a chance, however, that Zell would split the team and the park and try to sell the park for real estate development. That is, after all, his business. It would be a shame to lose Wrigley, but not out of the question. Between the additional revenue a new stadium would give the new owners and the income from a major residential project that would go to Zell, that's a lot of money to give up just to keep the Cubs at Clark & Addison.
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not possible
And yes, the Meigs site makes no sense at all.
I grew up in "Wrigleyville" before it was Wrigelyville. It was just plain Lakeview back then, before Wrigley Field became an icon and the bars sprouted up like dandelions. Back then, it was a middle class to working class neighborhood, and slightly sleazy, especially right around the ballpark. I don't think it would go back to being that way without the Cubs. The bars might suffer, but the ethnic restaurants and the lakefront would keep people coming to the neighborhood.
Little Richie and Meigs Field
by frustratedfan on Apr 3, 2007 5:54 PM CDT up reply actions
fyi
why you find it necessary to be condescending to the people who choose to frequent your site is beyond me.
Suit yourself.
Hyperventilation
by Kyle Turney on Apr 3, 2007 9:54 AM CDT up reply actions
LOL
you should use a funnier word to not anger people
http://www.bergen.org/AAST/projects/Yiddish/English/comwor.html
For example
"While you kakameyme sheygets are all farblondzhet and farklempt and got the shpilkes over the impending handl of Tribune Company..."
I find everything is funnier in yiddish
by tucsoncubsfan on Apr 3, 2007 10:23 AM CDT up reply actions
Thank you.
It's called
Sorry but I had to say this.
by shop girl on Apr 3, 2007 10:00 AM CDT up reply actions
I don't think it's insulting at all...
Give me a break, man. As soon as you're sure that you never unintentionally offend/insult anyone, than by all means begin preaching to other people about how to talk.
by Mark H @ Bleed Cubbie Blue on Apr 3, 2007 2:26 PM CDT up reply actions
What about Bob?
by Kyle Turney on Apr 3, 2007 9:45 AM CDT reply actions
Right...
In this way, something like this happening to someone famous, calls attention to a problem which might otherwise go unnoticed.
I agree
by Kyle Turney on Apr 3, 2007 10:15 AM CDT up reply actions
Re
This is one of the saddest aspects of the way this invasion and occupation has been conducted. While tens of billions of dollars are spent each year on grandiose weapon systems that don't work and are of dubious strategic value, young men and women are sent into urban guerrilla combat without basic proper protection. Then, when they get injured, they suffer again because they lack the resources a well-known journalist has. And because of improved battlefield medicine, far more soldiers survive serious injury than before.
This is the biggest crime - that Bob Woodward is able to get better medical and rehabilitation care than those who serve our country. There's only one person to blame for this situation, and we all know who it is.
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nobody is buying the Cubs without Wrigley
owners without controlling interest. Lets just say it ain't over till
the fat lady sings
by jessica on Apr 3, 2007 9:59 AM CDT reply actions
Jessica you are correct
http://blogs.chicagosports.chicagotribune.com/rosenblog/
And Would They Have A Choice?
And at least some new owners will want a new park with that substantial skybox revenue. Another location for the Cubs (in addition to Miegs, which is viable) is somewhere over near the United Center on the West Side so that the Cubs can share the United Center parking and other infrastructure. This also gives King Richard what he wants, a chance to further push for the "Circle Line" and an expansion of the "Pink Line".
Wrigley's gone within the next 5 years.
by frustratedfan on Apr 4, 2007 10:07 AM CDT up reply actions
I've heard that before
I'm coming around to the opinion some others have expressed here and that Trib columnist Rick Morrissey wrote about today (it's actually an idea I had about 20 years ago, but never shared with anyone except my brother, so I get no credit for it):
Keep the bleachers and scoreboard, the ivy-covered walls and the Clark and Addison Wrigley Field sign. Then take down the existing grandstand and build something more practical and modern (but keeping the traditional brick wall, old-fashioned lights, etc) where the grandstand now sits.
This isn't my favorite solution (which would be keeping the park as it is and upgrading where necessary), but perhaps it is the most realistic if we want to keep the essence of Wrigley (the neighborhood, the bleachers, the view of neighboring apartment buildings) long into the 21st century.
Yeah...
Win-win scenario, the way I see it.
I could live happily with the old
I would hope that they'd cantilever the decks to eliminate poles but keep the seats close to the field. One only need look at the Cell to see how non-overlapping of the decks pushes the fans far from the field. And like the current lower grandstand, any upperdecks should curve toward the foul poles to give better sight lines to home plate.
by TR on Apr 4, 2007 2:17 PM CDT up reply actions
one more thing
Also, the brick wall would have to be taken down brick by brick and the same bricks used in whatever new grandstand they build. There's no way you could replace the bricks without hurting the "essence" of Wrigley. I detest some of those new stadiums (I think Houston is one of them) that have tried to use the bricks behind homeplate look, but with a much more modern feel. Give me the humble old ones at Wrigley any time (and with no ad on them behind home plate, but that's not an argument I'm ever going to win)
Nice solution
But since you're a loyal BCBer and Rick Morrissey isn't, I'm going to give you full credit for this idea (and will try and start the rumor that he stole the idea from you).
BCB should buy the Cubs!
Send all money to:
BCB Cubs Purchase Fund
c/o Al Yellon
1060 W. Addison St.
Chicago, IL 60657
Hey, wait!
But maybe we should do this. I tried to start this yesterday and I think we raised $41.
That's a start, right? Maybe I should rent a PO Box. Any other ideas?
I would do this
Sounds good to me.
Somebody yesterday calculated
How do you get people to document commitments for that much money?
Maybe this is where we need Mark Cuban and his technical expertise.
Someone contact Ernie Banks, Bill Murray and Steve Stone to be our front men.
No one tell the air raid siren.
hey
Relocation wouldn't be an issue. We would have the Brooklyn Dodgers, the Baltimore Colts, and the Athletics would be in Philly.
I realize I'm rambling a bit now, but you get the idea.
by mike @ Bleed Cubbie Blue on Apr 3, 2007 12:34 PM CDT up reply actions
I really like this idea...
I'm all for seriously starting this, if anyone else is!
I like the concept of having
Perhaps we should start it as a web poll to see how many would invest and at what level. ($1,000, $800, $600, $400, $200?).
Anyone want to start the Diary?
Zell
Now let me get this straight.
Who is going to benefit most from this?
I shoulda gone to business school.
Well
by 26.2cubfan on Apr 3, 2007 10:20 PM CDT up reply actions
Thanks for the Book Tip, Al
The one that got me in particular was when Woodruff went back to the hospital room where he recovered and, upon entering, immediately broke down in tears (soon followed by his wife). It was really affecting.
There was another striking scene where Woodruff's young daughters were teaching him how to pronounce simple words. Just staggering stuff.
I appreciate some other posters' comments about how hundreds of U.S. servicepeople have sustained similiar injuries and not gotten book deals, TV shows, etc.
But, as Al pointed out, Woodruff has used his celebrity status to draw attention to a shameful problem with our military's healthcare system and to raise money for those similiarly afflicted. Would you prefer he remain silent and do nothing?
Whether Woodruff is a hero is something every one of us needs to decide according to our own criteria. I think it's undisputable, however, that he is a hero to his own family -- something we should all aspire to.
Well put. Thanks!
I hope they
Oh, please.
Let me say this again.
WRIGLEY FIELD IS NOT THE PROBLEM WITH THE CUBS!!!!!
I agree.....
HOWEVER!!!!!! It will be the problem if the Trib sells the park to a different owner. If you are paying >600 mil for this team, I would think you would want to own the park.
I predict (bow down to Mike Murphy) that if the park is sold seperately, the team will move to a new park by 2013.
by timeforachange on Apr 3, 2007 3:29 PM CDT up reply actions
Which is why...
Al,
If the new ownership can buy both, great.
If not, we run into some SERIOUS problems.
by timeforachange on Apr 3, 2007 3:39 PM CDT up reply actions
Why is it a bad business deal?
Look at it.......
One glaring problem would be "needed" changes to the park (in the eyes of the new owners).
Any group will want to own 100% of the club/ park/ parking facilities, ect..... Why would you limit your revenue stream and more importantly, be at mercy of a "landlord"? I am afraid that the TribCo will make this difficult for any prospective buyer.
If you owned the Cubs and Wrigley, you would likely be looking to secure extra seating (increased "skybox" seating, rooftop?) and additional revenue streams like the new ownership group in Boston. A "landlord" only taking a % of the business would not be so inclined. (The cost, IMHO, would not allow for an ROI in a quick enough turn around). The new ownership could decide to pony up for these changes, but why would they if you did not own the park? You would be getting screwed twice.
There are others, such as tax implications, ect.... that make this a bad deal for any prospective owner.
by timeforachange on Apr 3, 2007 6:24 PM CDT up reply actions
OK...
Who pays for the new park, if there is one?
My guess....
With Blago so Cub friendly, I could see being persuaded to push hard for #1.
by timeforachange on Apr 3, 2007 7:15 PM CDT up reply actions
There is ZERO chance of this
You think a state of art 45,000 seat stadium ( only slightly bigger than Wrigley but with more luxury boxes) is going to sell out when they lose 96 games ? Wrigley itself is a SIGNIFICANT portion of the value of the Cubs. Without them the team might be worth 300 or 400 million. There maybe some tax reasons due to the capital gains issue that might explain the weird statement about the Trib not sure about selling the park with the team but that would get worked out.
by jessica on Apr 3, 2007 7:39 PM CDT up reply actions
I would not be so....
There is no way the new owners will rent. ZERO chance this will happen.
As for the expansion, that is different animal. The reasons were pushback from the neighborhood (where I live) businesses and payback for broken promises by TribCo.
The city/ state would not be footing the bill for the new park (if this occurs). It would likely be paid by the tax I spoke to earlier. If you research the Cell and it's financing, I believe you will find that the state did not pay a cent for the new park. It was paid for by a "hotel" tax.
Believe what you will. I would not be shocked if this happened by 2013 if the Trib splits the two.
by timeforachange on Apr 3, 2007 9:12 PM CDT up reply actions
There have been suggestions...
I would agree.....
IF the two are sold seperately, the stockholders would demand an open bidding process for all parts. If that occurs, it becomes a game of chance. The stockholders are fans of the $, not the Cubs.
In a best case scenario, the new ownership buys the club and the park. They then decide to keep the bleachers, scoreboard and probably the red sign on C&A and redo the rest of the park.
The Cubs would likely play at the Cell while the construction is going on. I believe the NYY played at Shea when they "fixed" Yankee Stadium.
I hope this is what occurs. The other option, where the ownership group rents is a non-starter and IMHO would ultimately lead to the Cubs moving out of the neighborhood.
by timeforachange on Apr 4, 2007 8:23 AM CDT up reply actions
Also,
Hey, I hope I am wrong. I love the old place.
by timeforachange on Apr 3, 2007 9:15 PM CDT up reply actions
I....
I hope this does not come to pass. However, if the TribCo divides the two and places the park and the team up for sale in different auctions, all bets are off.
by timeforachange on Apr 4, 2007 8:33 AM CDT up reply actions
Sorry....
by timeforachange on Apr 3, 2007 7:18 PM CDT up reply actions
Re
The new owners will get at least as sweet a deal as the Sox got. Remember - King Richard hates the Trib, which will no longer own the team. The new owners will spread enough money around Chicago and Springfield to ensure the public foots the bill and takes most of the operational risk.
I imagine there will be some designated revenue streams that go to the authority created to build the stadium, like a slice of parking revenue and surcharges on tickets to all events, since such a structure will also host concerts. But it's the public that will guarantee both construction and operational funds.
In fact, even if the new owners get and keep Wrigley, I'll bet there will be public funds put into property renovations. Various suburbs will be courted as possible locations for a new stadium and they will be played off the city and King Richard's state allies for funds.
A new stadium is both expensive and an attendance risk; it's unlikely a new owner will build it privately when they can simply buy the votes for the public to do so. Wrigley has limited revenue streams; it's unlikely a new owner will accept them or have the money to improve them themselves.
The Sox fed at the public trough. Then the Bears did. It soon will be the Cubs turn.
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Actually,
If the city green lighted a new park, do you not think the city council would revoke landmark status? It happened to a building in the loop a short while ago.
by timeforachange on Apr 3, 2007 3:31 PM CDT up reply actions
I know they can't, Al.
It's a problem because Wrigley is not a home park that can be taken advantage of. It plays as 3 different ballparks and you simply cannot build a team to take advantage of Wrigley when that's true. If you build a team around power you struggle when the wind blows in. Cross winds help some while hurting others.
You build a park and then you build your team around that park. The hope is that you dominate at home and play .500 on the road. The Cubs will never dominate at home over long stretches of time because it simply cannot be done. Not unless you expand the roster to 35 or so and then you're pretty much eliminating any advantage in any home park.
Wrigley is a huge ballpark when the wind blows in and it's a tiny yard when it blows out. The Cubs cannot and will not consistently win with Wrigley Field as their home park. It's impossible. Yes, literally, it is impossible for that to happen. Look no further than the Rockies who need two teams to win (one for home games and one for the road games). The Cubs need 3 just to play at Wrigley.
Sooner or later they'll win a World Series at Wrigley and then they'll go back to sucking for years and years because the Cubs lack the one thing that every single good team in baseball requires--a home park to build your team around so that you're better at winning baseball in that park than the other team.
The best thing that could happen to the Cubs is that Wrigley is condemned forcing them to build a new park...hopefully miles and miles away from the lake.
There's a reason home teams win 55% of the time in baseball and it has nothing to do with the crowd as it might in football or basketball. It's because teams are built around their home park. They are built so that you can take advantage of it where others are not likely able to, or are less likely to.
This is not entirely accurate...
You would have to average this out to the early 1900's and see where is the factual basis for this argument. From my quick, look, I am not buying your argument on the team needing "3 teams".
by TheEman on Apr 3, 2007 11:02 PM CDT up reply actions
Agreed
by tommy veryzer on Apr 3, 2007 1:05 PM CDT up reply actions
Three problems with that.
- Where?
- Who pays?
- A replica isn't the same. Part of Wrigley Field being WHAT it is, is WHERE it is.
I'm with you, Al
Burbs
All good questions........
A few years ago, they had those player jackets with "Wrigley Field" and their cute little ivy design. You don't see the Yankees or Red Sox doing that, and their parks are at least as historic. When you spend more time promoting your park over the team, you have issues.
Maybe things are changing, but that really made me see red. Mea culpa- rant over.
by tommy veryzer on Apr 3, 2007 4:48 PM CDT up reply actions
Right on Tommy!
Further, I hope it ISN"T in the same neighborhood. Look at the mistake the Bears made. They've got some goofy looking $600 million dollar mistake where there is still no parking or easy way to get to and from the park. Very little tailgaiting either.
The only thing that neighborhood has done for the Cubs is limit night games and cry about the crowds. Move to greener pastures! Change is good!
I think you'd have a hard time
If the Cubs moved to the suburbs I just wouldn't go much. It wouldn't be worth it to fight traffic to watch a game and then have a choice of Applebee's and Red Lobster for a postgame meal or drink. The park is well situated now near public transportation. Something else most suburbs don't have.
I lived in LA for years where the only way to get to the park is driving and after I moved from Silverlake to the westside, I quit going unless I happened to have a reason to be in Hollywood prior to the game. It just wasn't worth it. I'd feel the same if the Cubs built some auto-dependent park in some far off auto-dependent suburb.
by TR on Apr 3, 2007 11:26 PM CDT up reply actions
Wrigley location
It wouldn't be difficult..
I agree it was a good deal for the Bears..
The public was stuck financing a tremendously overpriced renovation. $600 million would have easily built a brand new stadium with perhaps a retractable roof had it been built in the burbs.
Unlike Wrigley, public transport isn't real convenient to Solider..unless you like sitting on a bus for an hour.
Red Line to Roosevelt Rd.
And Metra is not the same as the CTA. El trains come every 10 minutes. Metra trains run at least a half hour and often an hour apart. The Metra to Arlington is great if you live in the Loop or in Edison Park. It's not near much else in the city.
by TR on Apr 5, 2007 3:20 AM CDT up reply actions
I agree 100%......
by PriorandAramisfan23 on Apr 3, 2007 6:58 PM CDT up reply actions
worked for fenway
Interesting uniform note
Anyone heard anything more about this?
Nope.
Perhaps...
I know that people tend to claim that the Cubs and other teams alter uniforms and what not as a money making ploy. MLB pools and splits all money made off of apparel sales, so even if the Cubs were to sell thousands of new jerseys, they have to split that money with all the other teams.
DmL
I can't see that.
Not saying they won't, just that I don't see it.
Uniforms
DmL
That could happen.
Those weren't the blue road tops.
Bob Woodruff's Story is awesome.
by Mark H @ Bleed Cubbie Blue on Apr 3, 2007 4:21 PM CDT reply actions
On an unrelated note...
Yes, it means CLTV.
have you tried
who here has done that, btw?
by cashcowsquirtingsourmilk on Apr 3, 2007 6:20 PM CDT up reply actions
Did anyone else...
I hope it doesn't.
Preemptive
:)
Well, that pen
by secdelahc on Apr 3, 2007 10:00 PM CDT up reply actions

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