Cuban Speaks.....sort of

[Banedon]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

[Ding Dong Johnson]

I'll take that.

[Magnetic Curses]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

[BDWeav71]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

[Guest]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

[Derwood]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

 

no way reinsdorf pulls that off. He tried when Cuban bought the Mavs and ended up being the only person who voted against it. I can't see him swaying over half the league to his side. No chance at all

[BDWeav71]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

 

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

 

 

I wasn't entirely aware of that. I remember hearing that the Dbacks were operating in the red when Colangelo sold them, but what was the major cause of this? Just curious to know all the fact about the situation.

[Magnetic Curses]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

 

no way reinsdorf pulls that off. He tried when Cuban bought the Mavs and ended up being the only person who voted against it. I can't see him swaying over half the league to his side. No chance at all

 

he has way more influence in baseball than in basketball. in the NBA, he was outvoted 29-1, but he's not close with stern, but is with selig.

[USSoccer]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

 

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

 

 

I wasn't entirely aware of that. I remember hearing that the Dbacks were operating in the red when Colangelo sold them, but what was the major cause of this? Just curious to know all the fact about the situation.

 

He deferred a ton of salary.

[vance_the_cubs_fan]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

 

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

 

 

I wasn't entirely aware of that. I remember hearing that the Dbacks were operating in the red when Colangelo sold them, but what was the major cause of this? Just curious to know all the fact about the situation.

 

Deferred money in contracts.

[BDWeav71]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

 

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

 

 

I wasn't entirely aware of that. I remember hearing that the Dbacks were operating in the red when Colangelo sold them, but what was the major cause of this? Just curious to know all the fact about the situation.

 

He deferred a ton of salary.

 

 

More so than the current Cubs regime has deffered contracts?

[Magnetic Curses]

i think, on the positive side, whoever buys the cubs won't run the team as a money-making business. while i doubt that the team ever runs in the red, the profit motive won't be there for a new owner as it was there for the tribune. while, factoring in inflation and what-not, the team is guaranteed to make a ton of money long-term anyway--the new owners won't be concerned with turning 10-50 mil in profit from year to year.

[USSoccer]

I'd rather see Colangelo put together a group. He has Illinois ties, and has had previous success in his sports endeavors (much like Cuban as well.)

 

I see Colangelo's record as a mixed bag. For example, he had success in AZ, but basically had to be bailed out of the situation because of financial mismanagement.

 

 

I wasn't entirely aware of that. I remember hearing that the Dbacks were operating in the red when Colangelo sold them, but what was the major cause of this? Just curious to know all the fact about the situation.

 

He deferred a ton of salary.

 

 

More so than the current Cubs regime has deffered contracts?

 

much, iirc

[RynoRules]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

 

no way reinsdorf pulls that off. He tried when Cuban bought the Mavs and ended up being the only person who voted against it. I can't see him swaying over half the league to his side. No chance at all

 

he has way more influence in baseball than in basketball. in the NBA, he was outvoted 29-1, but he's not close with stern, but is with selig.

 

Correct. Reinsdorf would be a problem here.

[davearm]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

 

no way reinsdorf pulls that off. He tried when Cuban bought the Mavs and ended up being the only person who voted against it. I can't see him swaying over half the league to his side. No chance at all

IIRC, a new owner needs 75% approval from the other owners (not just half).

 

If that's correct, then Reinsdorf + 7 others would be enough to keep Cuban out.

[Banedon]

Mark Cuban's name was thrown out to Selig as an individual who has the resources and possibly the interest to become a Major League owner. But Selig refused to speculate on potential new owners or assess having an engaging character such as Cuban involved with the game.

 

"I haven't met him yet, so I'm not going to comment on his personality," said Selig of Cuban. "I've got enough of my own personalities to comment on.

 

"I'm always concerned about ownership. A Commissioner in any sport should be concerned about who owns a club. We're going to go through a very standard process which will be fair to all the people bidding."

[Magnetic Curses]

http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-070409cubscuban,1,5716803.story?coll=cs-home-headlines

 

"They're not for sale yet, so I don't know," Cuban said Monday, one week after the announcement of the planned sale by Sam Zell, the real estate magnate who is buying Tribune Co.

 

"I don't even know what is for sale when they do try to sell, so there's nothing really to comment on. There's nothing to speculate on until they put it up for sale," Cuban said.

 

"It's not out there yet," Cuban said. "Saying you're going to sell something at the end of the year doesn't really mean anything. ... My position has always been there's no point in commenting on things that are not for sale."

 

He certainly could have said "I'm not interested", but he didn't. Reading between the lines it looks like whether or not Wrigley is included in the purchase would be an important detail for him, as it should be.

 

i just know that he won't be approved by the league. and it sucks that reinsdorf is going to have that much pull with the league to keep cuban out.

 

politically, reinsdorf would sabotage him. the whole thing smacks of collusion, because it's a conflict of interest for jerry to have a vote at all, anyway. sadly, he wouldn't need a vote, just a phone and a few friends around the league.

 

no way reinsdorf pulls that off. He tried when Cuban bought the Mavs and ended up being the only person who voted against it. I can't see him swaying over half the league to his side. No chance at all

 

he has way more influence in baseball than in basketball. in the NBA, he was outvoted 29-1, but he's not close with stern, but is with selig.

 

Correct. Reinsdorf would be a problem here.

 

add to that the aristocracy in baseball and you have a pretty well-defensed anti-renegade league.

[BigbadB]

More so than the current Cubs regime has deffered contracts?

 

The Cubs don't have any deferred contracts. They have locked in contracts for the next several years, but that's not the same as deferred.

 

Arizona is STILL paying for guys who played on the 2001 World Series champion team and are not and have not been on the team for several years now. Randy Johnson is still receiving deferred payments from his previous stint with the D'Backs and he's back with the team again this year.

 

Arizona is still in a financial mess from Colangelo.

[jersey cubs fan]

add to that the aristocracy in baseball and you have a pretty well-defensed anti-renegade league.

 

ownership has turned over quite a bit from the old guard. you've got a lot of owners who probably hope to sell to the highest bidder sometime within the next 10-15 years. I don't see them being anywhere near as exclusionary as they may have been 20 years ago.

[Banedon]

IIRC, a new owner needs 75% approval from the other owners (not just half).

 

If that's correct, then Reinsdorf + 7 others would be enough to keep Cuban out.

 

From an article about the sale of the Brewers:

 

A three-fourths vote of ownership is required to approve the sale of a franchise, and the Brewers' transfer is expected to receive unanimous support from the 30 clubs.

[BigbadB]

Mark Cuban's name was thrown out to Selig as an individual who has the resources and possibly the interest to become a Major League owner. But Selig refused to speculate on potential new owners or assess having an engaging character such as Cuban involved with the game.

 

"I haven't met him yet, so I'm not going to comment on his personality," said Selig of Cuban. "I've got enough of my own personalities to comment on.

 

"I'm always concerned about ownership. A Commissioner in any sport should be concerned about who owns a club. We're going to go through a very standard process which will be fair to all the people bidding."

 

If Jeff Loria can own a major league baseball team, anyone should be able to own a major league baseball team.

[USSoccer]

add to that the aristocracy in baseball and you have a pretty well-defensed anti-renegade league.

 

ownership has turned over quite a bit from the old guard. you've got a lot of owners who probably hope to sell to the highest bidder sometime within the next 10-15 years. I don't see them being anywhere near as exclusionary as they may have been 20 years ago.

 

John Henry, Zell/Trib, Steinbrenner, Moreno, the Dodgers guy who's name escapes me, and Texas' owner would all likely vote yes.

 

Reinsdorf and Angelos would likely vote no. Maybe Drayton McLane, too.

 

I don't know who half the owners are, though, so it's tough to guage their reception to Cuban.

[Magnetic Curses]

add to that the aristocracy in baseball and you have a pretty well-defensed anti-renegade league.

 

ownership has turned over quite a bit from the old guard. you've got a lot of owners who probably hope to sell to the highest bidder sometime within the next 10-15 years. I don't see them being anywhere near as exclusionary as they may have been 20 years ago.

 

the owners can afford to exclude high bidders. these are the cubs, there is bound to be a bidding war. regardless of how high cuban's bid is, there's bound to be plenty of other similar, if not superior, bids.

[jersey cubs fan]

add to that the aristocracy in baseball and you have a pretty well-defensed anti-renegade league.

 

ownership has turned over quite a bit from the old guard. you've got a lot of owners who probably hope to sell to the highest bidder sometime within the next 10-15 years. I don't see them being anywhere near as exclusionary as they may have been 20 years ago.

 

the owners can afford to exclude high bidders. these are the cubs, there is bound to be a bidding war. regardless of how high cuban's bid is, there's bound to be plenty of other similar, if not superior, bids.

 

Possibly. But if one bidder is $20-50m more than 2nd (quite possible), there's likely to be some lawsuits coming out of any rejection.

[cubweiser03]

Wait. Can you imagine how hard it would be for Colangelo to overspend on salaries for the Cubs franchise than the Dbaxx and put it in ruins? It would be a payroll like $300 Million or something.

 

Colangelo was trying to build a franchise in Arizona. I prefer to say he invested this money on his players than overspending. The Phoenix Suns franchise was pretty well run during his tenure. He bought them for $44M and sold them for $401M. Sounds like a nice investement to me.

 

Im not advocating him as an owner. If the worst thing he could do is spend too much money, he can go right ahead and be bad in that department.