tribune co. Stories - Bleed Cubbie Blue
Sneak Preview Of Tom Ricketts' First Comments As Cubs Owner
I'm off to Wrigley Field shortly, but wanted to share with you several quotes that I just received in an email from NPR -- there is going to be a full-length interview with Tom Ricketts on NPR News' Weekend Edition tomorrow at 9 am CDT. You can find out more here and below the fold. I'll have a...
It's Official: Cubs Owned By Ricketts Family
As posted on ChicagoBreakingNews.com earlier this morning: The Ricketts family are officially the new owners of the Chicago Cubs. The family closed a transaction Tuesday morning to take control of the team, Wrigley Field and other assets in a deal valued at $845 million. The family will hold a...
Bankruptcy Judge Approves Sale Of Cubs
As this monumentally long process creaks to conclusion, today a federal bankruptcy judge gave Tribune Co. the go-ahead to sell the Cubs to the Ricketts family. This was no surprise; we await the next step, and perhaps the conclusion of this deal by the end of the month or early next month.
Cubs Sold To Ricketts Family
Before you get all excited, read this part of this link: The family will not gain control of the team until after the baseball season ends, probably sometime in October, because there are still a few conditions of closing. Tribune Co. has been in Chapter 11 bankruptcy since December, and a major...
Cubs, Tribune Co. Finalize Sale To Ricketts Group
As first posted in AGC's FanShot an hour ago, the Cubs sale to the Tom Ricketts group was finalized today: Tribune Co. has reached a deal to sell the Chicago Cubs and Wrigley Field to the Ricketts family, a source familiar with the matter said this morning. The two sides reached a sale agreement...
Welcome, Tom Ricketts And Welcome Back, Aramis Ramirez: Cubs vs. Braves Preview, Monday 7/6, 6:05 CT
For those excited about today's announcement that Tribune Co. and Tom Ricketts had reached a deal regarding the sale of the Cubs, temper your excitement for... well, who knows how long. When Tribune Co. bought the Cubs in 1981, it took two and a half months to finish the deal -- and part of that...
Sale Of Cubs To Ricketts Group On Target For End Of August
This post won't be very long, because the article it quotes isn't very long. It quotes last night's report by David Kaplan on WGN that an agreement between the Ricketts group and Tribune Co. should be in place in the next couple of weeks. The article also says: Quoting "a good baseball source,"...
Cubs Sale Update: Target Date Now July ... Or August ... Or ...
The Cubs sale to a group headed by Tom Ricketts could now be finished by July, according to the Sports Business Journal: JPMorgan Chase, Citigroup and Bank of America are set to commit to the deal as soon as the end of this week, the sources said. That commitment would allow Ricketts to submit...
Cubs Hope To Have Sale Complete By Opening Day
Yeah, I know, you've heard this before. But at the owners' meetings in Scottsdale, Arizona today, Chairman Crane Kenney sounded like it could actually get done: "I'd actually like to be finished by Opening Day, have the deal done," Cubs chairman Crane Kenney told writers as the first day of the...
Mark Cuban Goes Public On The Cubs Sale
For the first time, Cuban discusses his involvement with the Cubs sale in this post on his blog, BlogMaverick. Interesting take, and it appears the credit crunch has taken its toll on Cuban, as it has on everyone else, and may be the one factor most to blame for delaying the sale.
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