October 6, 2009
Cubs’ buyer chosen: Ricketts family
Cubs sold to Ricketts family: $800M
Ricketts Family: deal done couple weeks or we walk
Tribune passes first hurdle in Cubs’ sale
Cubs file for bankruptcy
Hyatt Hotel across from Wrigley?
Today, MLB owners unanimously approved the sale of the Cubs to the Ricketts’ family. The deal still has to be approved in bankruptcy court next week and then the bank financing the sale has to come up with the money for the deal.
The Ricketts could have control by the end of the month.
And I hope by then the Cubs have control of Reed Johnson and Mark DeRosa and lost control of Alphonso Soriano.
