Friday, August 21, 2009

Tribune Co. to sell Cubs to Ricketts family

Though the deal must be approved by a bankruptcy judge and rubber-stamped by 75 percent of baseball owners, the Ricketts family will gain control of the team sometime after the season ends, probably in October.

With the team slowly--well, quickly, actually--swirling down the toilet, Lou Piniella and Jim Hendry now know for sure who will be deciding their respective futures in a couple months.

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