Cuban on WSCR this morning - "Hell yea, I want it"

[Roast]

Haha, he said if he owned the team he'd sit in the RF bleachers for the games.

 

As would I.

 

God Cuban would be awesome.

[wekse]

Haha, he said if he owned the team he'd sit in the RF bleachers for the games.

 

As would I.

 

God Cuban would be awesome.

 

actually, i think his first name is mark.

 

 

 

not funny, i know...but it's late.

[sethuel1]

Haha, he said if he owned the team he'd sit in the RF bleachers for the games.

 

As would I.

 

God Cuban would be awesome.

 

actually, i think his first name is mark.

 

 

 

not funny, i know...but it's late and i'm drunk.

fixed

[Sammy Sofa]

I promised myself not to get excited over the possibility of Cuban owning the Cubs because of how unlikely it was... but hell, I'm excited.

 

I think Selig knows the potential of Cub fans throwing a huge revolt against him if Cuban is not given a fair shake. I just want him to have a fair and real chance. If he doesnt make the best offer I wont complain.

How exactly would Cub fans carry out a revolt against the commissioner of baseball?

 

blow his house up?

 

im in

 

i knew i could count on you

 

Is this before or after the heroin to the forehead?

[Roast]

I promised myself not to get excited over the possibility of Cuban owning the Cubs because of how unlikely it was... but hell, I'm excited.

 

I think Selig knows the potential of Cub fans throwing a huge revolt against him if Cuban is not given a fair shake. I just want him to have a fair and real chance. If he doesnt make the best offer I wont complain.

How exactly would Cub fans carry out a revolt against the commissioner of baseball?

 

blow his house up?

 

im in

 

i knew i could count on you

 

Is this before or after the heroin to the forehead?

 

Wrong poster. Treeman, not IMB, is the master of injecting heroin into ones forehead.

 

However, I'm sure IMB is skilled as well.

[Sammy Sofa]

I promised myself not to get excited over the possibility of Cuban owning the Cubs because of how unlikely it was... but hell, I'm excited.

 

I think Selig knows the potential of Cub fans throwing a huge revolt against him if Cuban is not given a fair shake. I just want him to have a fair and real chance. If he doesnt make the best offer I wont complain.

How exactly would Cub fans carry out a revolt against the commissioner of baseball?

 

blow his house up?

 

im in

 

i knew i could count on you

 

Is this before or after the heroin to the forehead?

 

Wrong poster. Treeman, not IMB, is the master of injecting heroin into ones forehead.

 

However, I'm sure IMB is skilled as well.

 

I know. But it's become the go-to ultimate protest act for all when it comes to the Cubs and getting screwed by suits.

[Elrhino]

Living in Texas and seeing first hand what Cuban has done with the Mavs, I would be pretty ecstatic to see him acquire the Cubs. If you're a 'traditionalist', he's going to rub you the wrong way. He will sit in the right field bleachers. He sits in the upper tier cheap seats often at Mavs games, just to demonstrate to the fans that there isn't a bad seat in the house. He'll also fight tooth and nail to 'modernize' Wrigley into a more profitable stadium. Edited October 9, 2007 by Elrhino

[C.C.]

Living in Texas and seeing first hand what Cuban has done with the Mavs, I would be pretty ecstatic to see him acquire the Cubs. If you're a 'traditionalist', he's going to rub you the wrong way. He will sit in the right field bleachers, and he'll probably get drunk with the fans. He'll also fight tooth and nail to 'modernize' Wrigley into a more profitable stadium.

 

I'm not sure what you mean by "Modernize"? I could see him adding Wi-Fi, but thats about it.

[Elrhino]

Living in Texas and seeing first hand what Cuban has done with the Mavs, I would be pretty ecstatic to see him acquire the Cubs. If you're a 'traditionalist', he's going to rub you the wrong way. He will sit in the right field bleachers, and he'll probably get drunk with the fans. He'll also fight tooth and nail to 'modernize' Wrigley into a more profitable stadium.

 

I'm not sure what you mean by "Modernize"? I could see him adding Wi-Fi, but thats about it.

\

 

He'll think of creative ways to add premium seating, similar to what the Red Sox have done with Fenway putting seats on top green monster.

[C.C.]

Living in Texas and seeing first hand what Cuban has done with the Mavs, I would be pretty ecstatic to see him acquire the Cubs. If you're a 'traditionalist', he's going to rub you the wrong way. He will sit in the right field bleachers, and he'll probably get drunk with the fans. He'll also fight tooth and nail to 'modernize' Wrigley into a more profitable stadium.

 

I'm not sure what you mean by "Modernize"? I could see him adding Wi-Fi, but thats about it.

\

 

He'll think of creative ways to add premium seating, similar to what the Red Sox have done with Fenway putting seats on top green monster.

 

The Tribune has already done that. I can't see where you can stick more seats.

[UK1679666180]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

[David]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

 

 

Or you could just do like the Bears did and do whatever you want anyway and ultimately have the landmark status revoked as "punishment'..

 

Just sayin'....

[minnesotacubsfan]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

 

 

Or you could just do like the Bears did and do whatever you want anyway and ultimately have the landmark status revoked as "punishment'..

 

Just sayin'....

 

thats not alll bad

[CuseCubFan69]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

 

Maybe they're fans of Dancing with the Stars and will say yes to anything he says!

[KingCubsFan]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

 

 

Or you could just do like the Bears did and do whatever you want anyway and ultimately have the landmark status revoked as "punishment'..

 

Just sayin'....

Soldier Field was a federal landmark, not a city landmark

[CuseCubFan69]

Hopefully, he'd have a good relationship with the city in regards to upgrading Wrigley.

 

Being a landmark, everything has to go thru them 1st as far as major changes.

 

 

Or you could just do like the Bears did and do whatever you want anyway and ultimately have the landmark status revoked as "punishment'..

 

Just sayin'....

Soldier Field was a federal landmark, not a city landmark

 

Was it? From what I've heard, you can do a lot more with a Federal Landmark than a local one.

[Soul]

I promised myself not to get excited over the possibility of Cuban owning the Cubs because of how unlikely it was... but hell, I'm excited.

 

I think Selig knows the potential of Cub fans throwing a huge revolt against him if Cuban is not given a fair shake. I just want him to have a fair and real chance. If he doesnt make the best offer I wont complain.

How exactly would Cub fans carry out a revolt against the commissioner of baseball?

 

blow his house up?

 

im in

 

i knew i could count on you

 

Is this before or after the heroin to the forehead?

 

Wrong poster. Treeman, not IMB, is the master of injecting heroin into ones forehead.

 

However, I'm sure IMB is skilled as well.

 

See, these are the sort of life skills they just don't teach in college.

[Lefty]

Isn't there a confidentiality guideline as far as who was the highest bidder and so on.

 

I don't see Cuban getting past the 29 other owners, despite it generating more publicity for the game and the improvement likely headed for the Cubs and their facilities.

 

Isn't the big wild card in this the fact that the Trib is a publically owned company, and therefore the process of buying the asset has to be transparent?

 

By the time the sale is made Tribune will not be public.

[crazycooter]

That's a good question as far as it being a publically owned company, I'm not sure if they have to list the amounts offered compared to who has offered.

 

The shareholders know the offers on the table. They're the ones who matter in the publicly held corporation.

 

While I'm not a shareholder, I imagine that is done more by request rather than requirement. I've owned shares which that corp. was bought out by another and I never rec'd a detailed transaction record of potential bidders and various amounts offered.

 

It's a requirement in every state, to my knowledge. Corporations have a fiduciary duty to their investors in these situations to accept the highest bid (with limitations that likely won't apply here). If MLB comes in and rejects the highest bidder, they will be facing a lawsuit from shareholders that will be unbelievably costly.

 

It's going to be fascinating to keep an eye on in the coming months.

The guys running the Trib do have a fiduciary duty to shareholders to get the highest price possible for all assets. However, that may not be Cuban's magic bullet here for two reasons:

 

1) The approval of other MLB owners is an external factor to the Trib and has nothing to do with them. As such, if the MLB owners reject the owner who puts in the highest bid, that bid is no longer viable. The Trib guys are not under any duty to accept it because the sale will not come to fruition. Essentially, they are required to take the highest bid from a bidder that will receive approval from the MLB owners as that will be the highest legitimate bid. [i realize that the standard here is "maximizing shareholder value," not necessarily highest price, but I didn't want to go that far here.]

 

2) Zell may or may not take the Trib private after he becomes owner of the team. If the team is sold by a public company (Zell could be the majority owner of a public company), then the folks in charge are under a duty to "maximize shareholder value" in return for the asset. If the selling company is private, then no such duties exist. A private owner could sell the Cubs for whatever and to whomever he/she/it wants.

 

As an aside, I see no way that the shareholders of the Trib could sue MLB for denying the sale to the highest bidder. MLB is not under any duty to the shareholders and they have a handy little trust exemption to boot.

[Lefty]

Can anyone name 7 owners that wouldn't want him in the game?

 

I can only come up with 4: Reinsdorf, Glass, Angelos and the guy who owns the Brewers who's name I can't recall. Anta-something.

 

But Selig will shepard his guy (Canning) through the process. If he gets 22 votes the theoretical support for Cuban is irrelevant. And if you think a bunch of owners will veto Selig's guy to have a chance to vote on someone who might raise their costs, well, it ain't gonna happen.

[USSoccer]

Isn't there a confidentiality guideline as far as who was the highest bidder and so on.

 

I don't see Cuban getting past the 29 other owners, despite it generating more publicity for the game and the improvement likely headed for the Cubs and their facilities.

 

Isn't the big wild card in this the fact that the Trib is a publically owned company, and therefore the process of buying the asset has to be transparent?

 

By the time the sale is made Tribune will not be public.

 

Isn't Zell an owner of the White Sox? I think both sales happen concurrently. Which is why the asset value has to be maximized.

[Lefty]

Isn't there a confidentiality guideline as far as who was the highest bidder and so on.

 

I don't see Cuban getting past the 29 other owners, despite it generating more publicity for the game and the improvement likely headed for the Cubs and their facilities.

 

Isn't the big wild card in this the fact that the Trib is a publically owned company, and therefore the process of buying the asset has to be transparent?

 

By the time the sale is made Tribune will not be public.

 

Isn't Zell an owner of the White Sox? I think both sales happen concurrently. Which is why the asset value has to be maximized.

 

If you are correct, Tribune could argue that taking a lower price for quick approval is in shareholders' interests. We all know the fix is in. Canning gets it unless something goes horribly wrong for him. Maybe Erin Brokovich can find something in one of his old deals.

[OleMissCub]

this may prove to be a pretty important post in the next few months, i hope people take note of it

 

I hope to get in on the ground floor with this case after passing the bar.

 

:D

 

Me 2!

[crazycooter]

this may prove to be a pretty important post in the next few months, i hope people take note of it

 

I hope to get in on the ground floor with this case after passing the bar.

 

:D

 

Me 2!

I passed it and I wouldn't want anything to do with this case on any side. Talk about one that will drain the life from you.

[Elrhino]

Living in Texas and seeing first hand what Cuban has done with the Mavs, I would be pretty ecstatic to see him acquire the Cubs. If you're a 'traditionalist', he's going to rub you the wrong way. He will sit in the right field bleachers, and he'll probably get drunk with the fans. He'll also fight tooth and nail to 'modernize' Wrigley into a more profitable stadium.

 

I'm not sure what you mean by "Modernize"? I could see him adding Wi-Fi, but thats about it.

\

 

He'll think of creative ways to add premium seating, similar to what the Red Sox have done with Fenway putting seats on top green monster.

 

The Tribune has already done that. I can't see where you can stick more seats.

 

The Trib did it while being as unintrusive as possible to the existing aesthetic of the ballpark. Cuban will go beyond that. Cuban enjoys flash and show. As much of a dog and pony show as your average live NBA experience is, Cuban increased that exponentially when he came to the Mavs. There is literally not a single second of silence at a Mavs game ... its all hip hop music, lasers, wacky bits on the big screen, cheerleaders, smoke machines. Like I said, he's going to rub traditionalists the wrong way, and I'm not just talking about people who discredit on base percentage.

Edited October 9, 2007 by Elrhino