August 21, 2009

It's official: Chicago Cubs to sell to Ricketts family: Tribune Co. said Friday that it signed an agreement to sell the iconic franchise to the Ricketts family. The family is paying about $800 million to acquire a 95 percent interest in a package of assets: the team, Wrigley Field and Tribune Co.'s 25 percent stake in Comcast SportsNet Chicago, which broadcasts many Cubs games on cable television.

posted by jemikeos to baseball at 06:21 PM - 0 comments

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