CBS 2 Chicago wbbm7801059 670 The Score

Latest

Flashback #88: Ricketts Takes Control Of Cubs (2009)

Tom Ricketts

Tom Ricketts (Photo Credit: Getty Images, By: David Banks)

From The Mully and Hanley Show

Don't Miss This

As of 670 The Score’s 20th Anniversary on January 3rd, the station has begun to reveal (in chronological order) the Top 100 Chicago Sports Stories that have occurred since they first went on the air 20 years ago. Once all 100 of these “flashbacks” have been revealed, fans will be able to vote for which stories they believe are the most significant in the 20 year history of The Score. To see all of the Flashbacks that The Score has posted so far, please visit 670 The Score’s 20th Anniversary page.

October 27, 2009 – Ricketts takes control of the Cubs

After almost two years of bidding and campaigning, the Ricketts family took control of the Chicago Cubs on Oct. 27, 2009.

The Cubs first became for sale after Sam Zell announced his intention to acquire the Chicago-based Tribune Company, the former owner of the Cubs. Reports indicate Zell announced that he would sell the Cubs and related entities including Wrigley Field and a 25% share of Comcast SportsNet Chicago.

On Jan. 22, 2009, the Ricketts family’s bid, headed up by the family’s second-oldest son, Tom, was selected to purchase the team. After months of deliberation, on July 6, 2009, the Chicago Tribune reported the Ricketts family had reached an agreement with the Tribune Company to purchase the Cubs, Wrigley Field, and 25% of Comcast SportsNet Chicago for close to $900 million.

The deal was sent to Major League Baseball’s Commissioner, Bud Selig and the other 29 owners for approval.

Shortly after the deal was confirmed Tom Ricketts released a statement saying: “My family and I are thrilled that this day has finally come and we thank Commissioner Bud Selig and Major League Baseball owners for approving our ownership. Now we will go to work building the championship tradition that all Cubs fans so richly deserve.

The Score will continue to release a new Flashback each weekday until they reach 100. Check back tomorrow for a new one, or check out all of the previous Flashbacks: 670 The Score’s 20th Anniversary »

Listen Live!

RSS Most Popular News

Follow CBS Chicago

Like us on foursquare

RSS Contests & Promotions

  • Win $1,000 In Gas From Hyundai! June 17, 2013
    Enter to win $1,000 in free gas from Hyundai! What’s better than free gas? How about the 2013 Elantra Limited with an EPA-Estimated 38 MPG Highway! 28 City/38 Hwy. EPA Estimates. For comparison only. Actual mileage may vary.
  • Join Hankook Tire To Reel In The Next Big Catch May 20, 2013
    Join Hankook tire to reel in the next great catch! Click here to go to www.TirePrize.com and enter for your chance to win the ultimate fishing excursion in Puerto Rico!
  • Marquette County Convention & Visitors Bureau Post Game Show Giveaway May 10, 2013
    Listen to The Score’s Baseball Post Game Show for your chance to win a $100 lodging gift certificate from the Marquette County Convention & Visitors Bureau!
  • Enjoy Golf’s Best Round With GREY GOOSE Vodka May 1, 2013
    Enjoy Golf’s Best Round this season with GREY GOOSE Vodka! Visit your participating retailer today and purchase one 750 mL or larger bottle of GREY GOOSE Vodka to receive one free round of golf!
WBBM Newsradio 780, Radio Stations & Broadcast Companies, Chicago, IL

Twitter Updates