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Old 08-25-2009, 05:14 AM   #1
oceania
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i'll take chicago cubs for $845 million, alex

Tribune Co. has signed a deal to sell a 95 percent interest in the Chicago Cubs to the Ricketts family for $845 million. The deal includes Wrigley Field and Tribune's interest in Comcast SportsNet.

all that for a few guys to throw a ball around
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Old 08-25-2009, 05:48 AM   #2
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Hot damn.. must be nice to own a sports franchise.
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Old 08-25-2009, 05:55 AM   #3
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and that's for a bankrupt organization.
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Old 08-25-2009, 06:05 AM   #4
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845 million is an insane amount of money for a baseball team but it's only about half the price the Yankees spent on their new stadium 1.5 billion.
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Old 08-25-2009, 06:05 AM   #5
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Quote:
Originally Posted by oceania View Post
Tribune Co. has signed a deal to sell a 95 percent interest in the Chicago Cubs to the Ricketts family for $845 million. The deal includes Wrigley Field and Tribune's interest in Comcast SportsNet.

all that for a few guys to throw a ball around
It also includes Wrigley Field not just the ball team. Also this is the Cubs who have a HUGE national fanbase and is a team that's been around for over 125 years.
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Old 08-25-2009, 06:59 AM   #6
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and that's for a bankrupt organization.
They filed for bankruptcy to get the deal to go through quicker. This has been a two year ongoing battle to try to get the sale done. The Cubs don't lose money but other parts of Tribune CO. sure do.
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Old 08-25-2009, 07:33 AM   #7
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i think it's time for a "wait til next year" - we're doing terrible right now
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Old 08-25-2009, 08:06 AM   #8
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Old 08-25-2009, 08:09 AM   #9
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Originally Posted by oceania View Post
Tribune Co. has signed a deal to sell a 95 percent interest in the Chicago Cubs to the Ricketts family for $845 million. The deal includes Wrigley Field and Tribune's interest in Comcast SportsNet.

all that for a few guys to throw a ball around
wow big cash
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