MLB Approves Sale of Chicago Cubs to Ricketts Family

Posted on 07 October 2009 by Lou

It’s official!  All 29 other MLB team owners unanimously approved the sale of the Chicago Cubs to the Ricketts family.  The deal is expected to be completed by the end of October 2009, and it is believed that the Ricketts family will assume control over the day-to-day operations of the Cubs prior to the free agency period that starts up within days after the end of the World Series Fall Classic.

MLB Commissioner Bud Selig had this to say about the owners approval:  “We’re extremely pleased that the sale process is drawing to a close, and we are confident that the Ricketts family will be great owners and custodians of the Chicago Cubs.  All of us at Major League Baseball are grateful to the Tribune Company for their years of stewardship of this proud and historic franchise.”

That is good news that the Ricketts family should be in position to make decisions prior to the start of 2010 free agency, but because GM Jim Hendry has mortgaged the team so much of the last 2 years, the Cubs will not be a big player anyway.  Hopefully Ricketts and Hendry can get together to at least make a few minor moves that will bring quality players in at an affordable price for the 2010 season… Management needs to focus on players who tend to stay healthy during the course of the year, players that are good in the clubhouse and players that are fan-friendly to the faithful that trek to Wrigley Field in droves all season long…

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