NJ Posted August 21, 2009 Share Posted August 21, 2009 Ricketts family of AmeriTrade money - $845,000,000.00 Get the broom out - 1.) Hendry 2.) Lou 3.) various and sundry sh1theads with high $$ multiyear contracts masquerading as MLB players Link to comment Share on other sites More sharing options...
vanDoug Posted August 21, 2009 Share Posted August 21, 2009 Great news!!!! Get the broom out - 3.) various and sundry sh1theads with high $$ multiyear contracts masquerading as MLB players Anybody I Know???? Let's start with anybody that's got 3 Gs in his last name. Link to comment Share on other sites More sharing options...
vanDoug Posted August 21, 2009 Share Posted August 21, 2009 From Bleed Cubbie Blue. ----------------------------- The family will not gain control of the team until after the baseball season ends, probably sometime in October, because there are still a few conditions of closing. Tribune Co. has been in Chapter 11 bankruptcy since December, and a major disposition of assets requires the court's blessing. As part of the court's approval process, Tribune Co. said it will place the Cubs in Chapter 11 bankruptcy so that the franchise can "emerge free and clear" of the company's financial obligations. The company said that the Cubs bankruptcy will not interrupt team operations, and player contracts and other agreements with ticket holders, sponsors and supplies are not expected to be affected. Court approval is expected because Tribune Co. has run a robust sales process that has kept creditors informed throughout, sources said. Link to comment Share on other sites More sharing options...
NJ Posted August 21, 2009 Author Share Posted August 21, 2009 Great news!!!! Anybody I Know???? Let's start with anybody that's got 3 Gs in his last name. The problem is going to be finding enough suckers. Soriano still has 5 years, Bradley has at least 3 left, Dempster just signed for 5 I think, Gregg is chump change at 2.5 MM - just cut his silly azz. The keepers in my book are: D Lee The Japanese guy (partially because oof his long term contract) ARam Theriot Soto - unless a good offer came along Harden Lilly Everybody else is on the table with initial aforementioned as GTFO here Link to comment Share on other sites More sharing options...
vanDoug Posted August 21, 2009 Share Posted August 21, 2009 The problem is going to be finding enough suckers. Soriano still has 5 years, Bradley has at least 3 left, Dempster just signed for 5 I think, Gregg is chump change at 2.5 MM - just cut his silly azz. The keepers in my book are: D Lee The Japanese guy (partially because oof his long term contract) ARam Theriot Soto - unless a good offer came along Harden Lilly Everybody else is on the table with initial aforementioned as GTFO here Sh!t. Soriano's still got 5 years??? Talk about sitting pretty. See him feign anger last night after a real stupid strikeout with the bases loaded. What you upset about Fonzie? Not much I'm sure. Link to comment Share on other sites More sharing options...
Gainzo Posted August 21, 2009 Share Posted August 21, 2009 Are the Cubs posting financial losses? How is that even possible? Link to comment Share on other sites More sharing options...
vanDoug Posted August 21, 2009 Share Posted August 21, 2009 Are the Cubs posting financial losses? How is that even possible? 3rd higest payroll in MLB, behind a couple of NY teams. I'm not sure they're posting losses, but the owner Tribune is. Must admit, the whole chapter 11 thing with the Cubs sounds kinda cheesy. I guess I don't understand business. Link to comment Share on other sites More sharing options...
NJ Posted August 21, 2009 Author Share Posted August 21, 2009 Are the Cubs posting financial losses? How is that even possible? They as an entity aren't G-zo. This was a maneuver to satisfy some legal component of the sale. I've been through the Tribune annual report with a fine tooth comb a few times before and could never extract the Cubs numbers out of it. Link to comment Share on other sites More sharing options...
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