Chicago Cubs for sale ?

Submitted by diana on Tue, 2005-10-25 13:29.

Cubs News & Notes

Now I really doubt that the Tribune Company will ever sell the Cubs.

But since this article discusses the possibility, I thought I'd share the link with my Cub fan friends here.

Tribune Co. taking hard look at holdings
Oct. 24, 2005
Crain's Chicago Business
By Jeremy Mullman

Tribune Co. CEO Dennis J. FitzSimons is considering selling assets to prop up his company's shares, and that's got some wondering if the Chicago Cubs could go on the block.

http://www.chicagobusiness.com/cgi-bin/n...

I didn't know that the Tribune owned part of the Food network. According to this they also own 22% of the WB network. I wish they'd buy the G4 channel and turn it back into a family friendly Tech channel with shows like Call for Help, the Screensavers and the Money Machine.

More Cubs related articles from Crain's Chicago Business here:

http://www.chicagobusiness.com/cgi-bin/r...

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Speculating

Submitted by cubsnet on Wed, 2005-10-26 12:07.

Most of the article is just speculation. I doubt that the Tribune will sell the Cubs.

Yeah, I doubt it too. It's a

Submitted by Marc Velazquez on Thu, 2005-10-27 13:05.

Yeah, I doubt it too. It's a big cash cow for now (thanks Dusty!), and there's a certain amount of prestige in the board room when you own a major league professional team, with the NFL being the ultimate of course.

I love the careerbuilder.com commercials with the monkeys. Absolutely fabulous!

[there should be sarcasm tags around the above parenthetical statement]

NFA grad set to buy Cubs' ... team

Submitted by diana on Wed, 2006-01-18 16:59.

January 18, 2006

NFA grad set to buy Cubs' Double-A team

By Michael Levensohn
Times Herald-Record

Seth Bernstein figures to celebrate his 30th birthday in style - watching his very own professional baseball team.

Bernstein, a Newburgh native and president of Stromberg, a subsidiary of Paychex Inc., is finalizing a deal to purchase the West Tennessee Diamond Jaxx, the Double-A affiliate of the Chicago Cubs, for about $13 million.

Read entire article at:
http://www.recordonline.com/archive/2006...

PS: Made ya look!

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Tribune Co. CEO reiterates that `Cubs are not for sale'

Submitted by diana on Tue, 2006-04-11 16:37.

Tribune Co. CEO reiterates that `Cubs are not for sale'

By Paul Sullivan
Tribune staff reporter
Published April 8, 2006

"The Cubs are not for sale," FitzSimons said during an interview with WGN-AM. "People will say the Cubs are a non-strategic asset, and that's just not the case.

Read entire article at:
http://www.chicagotribune.com/sports/bas...

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Tribune Profit Falls on TV Station Sales

Submitted by diana on Tue, 2006-07-18 11:53.

July 13, 2006, 3:18PM
Tribune Profit Falls on TV Station Sales

By DAVE CARPENTER AP Business Writer
© 2006 The Associated Press

FitzSimons said attendance at home games of the Chicago Cubs is running at 99 percent. But he voiced displeasure with the company's baseball team, referring to its "unacceptable on-field performance." The Cubs have the third-worst record in the majors despite one of the highest payrolls.

http://www.chron.com/disp/story.mpl/ap/f...

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