TBDS Late Night: The Curious Case Of Cub Ownership

Giorgio Armani Prive: Paris Fashion Week Haute Couture A/W 2009/10 - Runway
Megan Fox = Hits right?

A long time ago in a blogosphere far, far away, this blogging outfit presented a feature called TBDS Late Night which reported on late-breaking news and provided games to watch for and links to read at your own peril. Once in a while, yours truly will revive that segment when necessary. This is one of those times.

It seems as if since the beginning of time, fans of the Chicago Cubs have been yearning for a new owner. And who can blame them?

All the team has to show for its time under the Tribune Co.'s ownership run are a handful of division titles and more than two decades worth of heartbreak. It is hard to believe that Trib Co. can claim bankruptcy after basically stealing money from Cubs fans throughout the years without re-investing that into the team until late into the newspaper company's ownership of a baseball team.

Now there's this. One day after reportedly agreeing to a deal to sell the team to life-long Cubs fan Tom Ricketts (of TD-Ameritrade fame), Sam Zell and his gang of cronies also are looking at a deal from Chicago native and New York investor Marc Utay.

This is very eerily similar to an episode of any late-90s, early-2000s romantic comedy sitcome in which the guy has two dates at the same place with two different girls. In most of those episodes, the guy gets dumped by both, making yours truly feel a little bit better about his own dating disasters.

As for this very unique Cubs situation, I have a happy ending that can appease all parties.

Let 'em both buy it.

The Ricketts family apparently had its issues raising the rest of the money to buy the Cubs, so much so that the final bidding price ended up falling short of the $900 million projection. Let the Ricketts and Utay camps come together and share ownership of the team. It seems like a far-fetched deal, but it isn't. For example, Jerry Reinsdorf is the principal owner of the White Sox, but he's got a team of investors ... lots of teams do this.

If Ricketts and Utay really want to get creative, they would make a quick phone call to Mark Cuban and make an ownership super-team with a face that has Chicago ties (Ricketts), the experience of owning a professional sports team (Cuban) and plenty of cash behind the deal with that three-headed monster.

As a Cubs fan, here's hoping this turns out better than those romcom sitcoms I referenced earlier.

Quality Linkage:
  • Here comes another stupid idea from ESPN. Who is America's Team? [Awful Announcing]
  • Tuesday in a nutshell: Jason Whitlock gets his "Becky" on. People ask me what "getting Becky on" means. I explain. Laughter, confusion, disgust ensue. As MJ Hartwig said "haha white people." [Fox Sports] ["Becky" def.]
  • Ron Artest's tribute song to the King of Pop. [The Sports Hernia]
  • Obama first pitch odds. Is there anything Pete Rose can't bet on? [Vegas Watch]


Humble Cubs Fan said...

The Cubs would be a great franchise to be owned by the fans. Maybe they could sell 50% of the team as shares and let the fans buy 'em.