And Then There Were Three: Cubs Narrow Down Bidders
This is really gonna happen, kids. The Tribune Co. is oh so close to dumping their seemingly only entity of worth right now, the Chicago Cubs, onto a really rich dude. The Trib has the details on the three final bidders: Tom Ricketts (a name we’ve heard as a front-runner all along), Marc Utay and Hersch Klaff.
First, Mr. Ricketts:
Cubs connection: Tom Ricketts grew up watching the team on WGN. Once lived in an apartment above a bar across the street from Wrigley Field. Met his wife in the bleachers at a Cubs game.
Ricketts scores points with Cubs fans for his cutesy, fairytale story of fandom. This may also doom him as an owner.
Second, Utay:
Business style: During the 1990s put together leveraged buyout deals in media, telecommunications and entertainment for investment banker Wasserstein Perella. A director of IMAX Corp., the large-format film company. Said to have bid on two hockey franchises without winning either.
Utay scores points with Cubs fans as they sympathize with him losing out on two hockey franchises. This may also doom him as an owner.



Mark Cuban is already out of the running for Cubs owner. We already know that much. But, despite complete, utter and total financial destruction across the entire country, it appears that there actually could be a winner announced soon in the silent auction that is being held for the Chicago Cubs. (Despite