Tribune selects Cubs buyer

UPDATE: Washington Post reports that Tom Ricketts has some serious ties to Wrigleyville... read on.

Tom Ricketts grew up watching the Cubs on WGN, once lived in an apartment above a bar across the street from Wrigley Field, and met his wife in the bleachers at a Cubs game.

Well-played, sir, well played. I bet he was completely sober at the time, too.


The Chicago Tribune reports that their parent company, Tribune Co., has selected Tom Ricketts as the winning bidder to buy the Chicago Cubs. The $900 million offered also includes Wrigley Field and a quarter of Comcast SportsNet.

The Ricketts family made their billion-plus fortune "building a discount brokerage brokerage in Omaha." The family's patriarch, J. Joe Ricketts, founded what later became Ameritrade Holding Corporation. The family has also independently confirmed that they have been selected to buy the team.

But the deal isn't sealed just yet.

The family will have to hammer out a final agreement with Tribune Co. and secure financing amid the worst credit markets since the Depression. Once a contract is inked, the deal must be approved by 23 of Major League Baseball's 30 owners. Cubs officials have said they hope to have the new owners in place by the start of the season in April.

Paul Sullivan talks about the future/upgrading of Wrigley Field

Rick Morrissey gives the Ricketts family some advice.

And a Tribune reporter gets the voice of the fans. Shockingly, they say don't tear down Wrigley Field and spend money getting better players.

Len Kasper signs extension through 2011

Kasper/Brenly will be the voice of the Cubs on TV through 2011. Len received a three-year extension from the Cubs organization. He started his career with the Brewers 1999-2001, then moved south to cover the Marlins for three seasons from 2002-04, before moving to the Cubs for the 2005 season.

Bob Brenly is signed through 2012.

Len and Bob are easily likable and, though a little more biased towards the Cubs than straight-talk Steve Stone (good and bad), they obviously do their research, often offering insightful comments and engaging viewers through the blog and email. Despite all the uncertainty surrounding the Cubs sale, it's good to see Kasper rewarded and his job will be secure.

The End of an Era, Ownership Bids, and other offseason onsense

Last night the Cubs did not offer Kerry Wood arbitration. The arbitration process is complicated, but basically because of the saturated free agent market, the Cubs did not want to take the chance that Kerry Wood would choose to re-sign and have to pay him at least 80% of last years salary. It is obvious now that the Cubs would rather not get anything for losing him than take the chance of having to sign him to a contract. Kerry Wood's career as a Cub had many ups-and-downs (what else is new?), but he was the longest tenured Cub (now it's Big Z) and was on 4 teams that made the postseason. That 20-strikeout, one-hit game against the Astros (in only his 5th major league start) was the stuff of legend, and sadly he never really was able to live up to the hype surrounding him after that. Still, he was a class act, a good role model (better than his hero, Clemens), and it'll be weird to see him in another jersey this Spring. Can't wait to see him enter a game as an opponent in Wrigley.

The Trib says Dusty Baker would love to coach Kerry again in the Queen City.

The Sun-Times reports Dan Plesac is leaving Comcast for the new MLB network.

And MLB.com rates Jeff Samardzija the #50 best MLB prospect (all players with rookie eligibility).