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Marc A. Utay

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Top Marc A. Utay Articles

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  • Cubs sale magic number: 1

    The Chicago Cubs and their storied legacy of losing are set to change hands, with the billionaire Ricketts family emerging as the favored bidder to buy the team from Tribune Co. for a landmark price of $900 million. The family, which has Chicago...
  • Bidding for Chicago Cubs may be near a conclusion

    Tribune Co., owner of the Chicago Cubs, is close to selecting a winning bid for the team from three finalists, according to people familiar with the sales talks. The Chicago-based media conglomerate has been evaluating bids since the beginning of...
  • Cubs sale 'unchanged'

    Tribune Co. said Monday that its bankruptcy filing will not alter its plans to sell the Chicago Cubs, but people involved in the auction said they expect the sales process will get more complicated. Tribune Co. did not include the franchise and Wrigley...
  • Ricketts, Tribune Co. Reach Deal For Cubs

    Ricketts, Tribune Co. Reach Deal For Cubs
    (WGN-AM)- Tribune Co. intends to sell the Chicago Cubs to the Ricketts family, sources familiar with the matter said Monday, ending the company's flirtation with another buyer after negotiations with the Rickettses had stalled two months ago. After...
  • Report: Cubs May File For Bankruptcy

    (WGN-AM)- The Chicago Cubs may consider a bankruptcy filing as part of closing the sale of the team, according to sources close to the major league ball club. The National League ballclub would be the first team in nearly four decades to do so. The move,...
  • Tribune sells Cubs to Ricketts family

    The Chicago Cubs will have a new owner, and it's who everyone expected it to be back in January. Tribune Co. said today that it signed an agreement to sell the iconic franchise to the Ricketts family. The family is paying about $800 million to acquire...