"This process has generated strong interest from a number of parties," said Dennis FitzSimons, the Tribune's chief executive officer. "Advisers to both the company and the independent special committee of the board have recommended that the review process be extended to ensure thorough consideration of all proposals." (from the Sun-Times)
The Sun-Times article also reports that:
But the company does not appear ready to consider bids for individual properties, according to the leader of a group of Baltimore businessmen that wants to buy the Baltimore Sun.
I'd agree with this, based further on the Broad/Burkle offer to buy the entire company. That seems the most likely scenario -- and if it's those two, they'd probably select a local figurehead to run the Cubs as a subsidiary.
This means, I think, that the spending spree that Jim Hendry has begun this offseason is borne by a genuine desire to improve the team and win, not just to window-dress the franchise for possible sale.
Further upgrades may happen starting Friday at the Winter Meetings in Orlando, Florida, according to Bruce Miles in today's Daily Herald:
"I expect the pitching market to pick up in Orlando," Hendry said Tuesday.
Have at it. As usual, there will be another top 100 profile posted in a couple of hours.