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NYT Preps For Chicago Edition
Chicago Gets Googled
As the Cubs close in on acquiring Padres ace Jake Peavy, the Tribune Company has informed bidders their next round of proposals are due by Thanksgiving Day. And this time, there's an added twist: prove that, in this current economic clusterfuck, you can actually pay for the team. It seems the Trib, like everyone, is in dire financial straits.
On Monday, Tribune reported a net loss of $121.6 million across its operations for the third quarter, compared with a profit of $152.8 million for the same period a year ago. Revenue declined 10.5 percent to $1.04 billion."We are operating in an exceptionally difficult financial and economic environment," Chairman Sam Zell said in a press release. "The newspaper industry continues to see extraordinary declines in ad revenues, and Tribune is no exception."
In case you need a refresher on who exactly is bidding on the Cubs, this Trib article features a handy-dandy drop-down menu that allows to scope out some nifty info on possible future owners. Front and center, of course, is Dallas Mavericks owner Mark Cuban. But don't get your hopes up; an anonymous source within Major League Baseball told the Sun-Times' Chris De Luca, ''There's no way Bud and the owners are going to let that happen. Zero chance.'' Let's see: Major League Baseball preventing a forward-thinking, fan-friendly owner from taking control of one of it's jewel franchises? Sadly, we are not surprised in the least. And the source also told De Luca even more optimistic news: 'We'll be standing here at next year's [2009] GM meetings and this will still be unresolved.'' Another season in limbo! Hooray!
AP Photo/David Zalubowski
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That's a shame, it could make things more interesting around here.
I have to give Cuban propers for working pretty hard to expose the banking bailout for what it is: a theft of the public treasury to enrich a bunch of private jillionaires.
The site he helped set up: http://bailoutsleuth.com/
The longer the Cubs wait the lease of a chance their is for any sale.
Time. Kills. Deals.
It disgusts me that in this economy the owners of the cubs have their heads so far up their asses that they'd rather take a loss and sell it to their buddies at dearborn and madison partners than to sell it to cuban.
Totally unfair anti-capitalist old boys club bullshit.
why NOT sell it to mark cuban? AAHHHH! i feel like we're a bunch of teenagers dealing with really unreasonable parents.
why not?
because i said so.
god, i hate you!
i don't care.
AAAAHHHHH!
"The longer the Cubs wait the lease of a chance their is for any sale"
Please forgive the atrocious grammar in that first sentence.