Results tagged “cubssale”

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Strange Tales Of Former Cubs

A pair of former Cubs have made the news recently. Here are their strange tales

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Cubs Sale Won't Happen Until After Opening Day

Despite the fact the Tribune Company has picked a buyer for the Chicago Cubs, it doesn't look like they'll be rid of the team by Opening Day as had been originally hoped. Cubs chairman Crane Kenney said talks to hammer out an official deal continue and that the negotiations will likely continue even as the Cubs' April 6th Opening Day comes and goes.

Initial bids on the Chicago Cubs and Wrigley Field were due Friday and word is slowly getting out now about who seems to have made the cut. Among those who didn't make the cut were Chicago Wolves owner Don Levin and the group led by Madison Dearborn Chairman John Canning. Canning's group was considered the odds-on favorite to win the bidding, in part due to Canning being a part-owner of the Milwaukee Brewers and a friend of Major League Baseball Asshat Commissioner Bud Selig. Up to five of the MLB-approved bidders on the Cubs were invited by the Tribune Co. to continue in the process. All of the approved bids topped $1 billion according to media reports. Only three separate (and cheaper) bids on Wrigley Field alone were allowed to the second round.

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