Those close to the transaction wonder if they might not get a better price by selling the franchise in pieces, which would complicate the sale and likely delay its completion until next year, the Los Angeles Times reported.
Estimates of the value of the team, its historic home at Wrigley Field and Tribune's 25% share of Comcast SportsNet, a regional cable TV network, have rocketed to $1 billion and beyond.(end of post)
The Cubs, after all, are among the biggest draws in the major leagues. About 3.1 million fans flooded into Wrigley last year, keeping the stadium 93% filled despite the team's poor on-field performance. The Cubs finished in last place in the National League's Central Division, although they've come back this year and held on to first place by a slim margin going into Friday night's game with the St. Louis Cardinals.