Cubs Sale Gets Second Bankruptcy Approval

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Cubs Sale Gets Second Bankruptcy Approval

Chicago Cubs

I love how all of the news late yesterday was some variation of “Chicago Cubs sale gets bankruptcy approval.” Hoo-ray! Er, wait. Didn’t that already happen, like, a month ago?

Yes. It did.

The judge, Kevin J. Carey, in Delaware had already cleared the Tribune Company to sell the team and Wrigley Field. But he gave his approval again on Tuesday because the Cubs filed separately for Chapter 11 protection on Monday, The Associated Press reported. That bankruptcy step was taken to ensure that the team could not be hit with claims by Tribune creditors.

Folks either forgot, or just didn’t care to look into the matter. Yesterday’s approval was merely a required, but perfunctory, stamp because of the Chicago Cubs’ bankruptcy procedural maneuver.

So, yeah. News about non-news. Carry on.

Author: Brett Taylor

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