The Cubs Have A New Owner?

EDIT: This story is starting to seem pretty official at this point. Look for an announcement by the Tribune Company tomorrow or Monday.

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The Sun-Times is reporting that the Tribune Company has (unofficially) selected Thomas Ricketts as the new Owner of the Chicago Cubs. Rickett's bid is speculated to be around $900 million.

According to the unnamed source who "confirmed" the Ricketts selection by the Tribune Company, Tom Ricketts -- who met his wife in the Bleachers at Wrigley field -- is said to have offered the most stable and conservative financing package to purchase the Chicago Cubs. Given that the Tribune Company recently filed for Bankruptcy, the selection of Tom Rickets seems to make the most sense because Sam Zell probably wants to unload as much of the Tribune's debt as quickly and as fiscally sound as possible.

SPIN: Thomas Ricketts is a wealthy, long-time Cubs fan who once lived above a bar across from Wrigley Field. Hopefully, if selected as the new owner, he will do all in his power to ensure future and present Cubs victories as more than just a financial stakeholder.