Sale Of Cubs, Wrigley Finalized

By Marcus Gilmer in News on Jul 6, 2009 4:20PM

Finally. After a long, arduous process, the Chicago Cubs (and Wrigley Field) have a new owner: the Ricketts Family. The Tribune reports this morning that the Tribune Company and the Ricketts finalized the deal over the weekend. Here's hoping the deal wasn't finalized on Saturday in conjunction with the worst performance we've seen out of the Cubs this summer. Anyway. The Trib reports: "The source said the sales price is "close" to the $900 million bid the Ricketts offered earlier this year that won an auction for the baseball team, stadium and a 25 percent stake in Comcast SportsNet Chicago, a regional cable television sports network." The agreement now goes to Major League Baseball for approval.