Sale of Cubs Finalized

According to multiple reports, the sale of the Chicago Cubs, Wrigley Field and 25% of Comcast SportsNet was finalized over the weekend between the Tribune Company and the Ricketts family.

Sources indicate that the final hurdles are the approval of Major League Baseball and the bankruptcy court. After two and a half years, the sale of the Chicago Cubs appears to be nearing the end.

The final sale price appears to be near the original $900 million agreed upon nearly six months ago.

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Stay tuned…