Social Navigation

New Ownerwatch: A Winner Has Been Selected

Chicago Cubs News

The Chicago Cubs are one step closer to having a new owner.


Tribune Co. executives have chosen a favorite among three bids for the Chicago Cubs and have given that recommendation to the unsecured creditors committee in the company’s bankruptcy case, a source close to the situation said Wednesday.

Tribune Co. and its investment banker, JPMorgan Chase & Co., removed the names from the bids, referring to them by number. The committee will review the offers and other Tribune Co.-related business at a regularly scheduled meeting Thursday.

So, yeah, the winner has been selected, but we have no idea whom it is yet.


Brett Taylor

Brett Taylor is the Editor and Lead Writer at Bleacher Nation, and you can find him on Twitter at @BleacherNation.