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Waiting Is The Hardest Part
Written by wrigleyville   
Saturday, 16 May 2009
Who would've thunk it would be so hard to put together a $900 million deal?

CHICAGO (Reuters) - Major League Baseball owners will not vote next week on whether to approve the Ricketts family's $900 million bid for the Chicago Cubs as some had hoped, two sources familiar with the process said on Saturday.

Officials with Tribune Co, which is selling the team, along with its storied Wrigley Field home and a 25 percent stake in a local sports TV network, said previously they hoped to have the sale closed in May. Sources previously told Reuters the process would likely drag on past that point.

"There's a whole bunch of moving parts here, that's the problem," said one of the sources, who asked not to be identified because he was not authorized to speak on the matter. "It's not going to be this owners' meeting, but it's sooner rather than later."

Perhaps Ricketts should ask for a better deal, since he is buying a product with a lot of broken parts: Aramis Ramirez, Carlos Zambrano, Wrigley Field.


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