Jim & Bob's Palatial Baseball Blog

Thursday, June 05, 2008

Surf City, Here I Come

The Tribune's Phil Rosenthal reports that new Tribune Co. headmaster Sam Zell expects the media behemoth to "retain a minority interest" in the Chicago Cubs.

That would be the same Sam Zell who also holds a minority interest in the Chicago White Sox.

We may have to toss out the Second City nickname for Chicago and replace it with Surf City. To paraphrase Brian Wilson -- Two teams for every boy!

Zell received an exemption from Baron Budhausen regarding this dual ownership. For good reason, it's quite against Major League rules for anyone to have an ownership stake in multiple teams.

Reportedly, Zell was in the process of off-loading his White Sox share when he leveraged himself into the TribCo's top job. I haven't seen any further report of movement on this front (Gentle Readers, please correct me if I am wrong). Let's hope the Baron uses his Commissioner's powers to hasten the process along...

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