Tribune may keep minority stake in Cubs
From news services
CHICAGO — Tribune Company chairman Sam Zell says the media company will likely retain some interest in the Chicago Cubs after selling the ballclub.
Zell is looking to sell the Cubs and Wrigley Field as part of his agreement to take control of Tribune.
The Chicago Tribune reported Wednesday that Zell said while visiting a Tribune property in Denver this week that the company will "in all likelihood" keep some kind of minority interest in the Cubs.
He didn’t specify what percentage interest Tribune might keep.
Zell says nine potential buyers have been preapproved by Major League Baseball and are awaiting release of the team’s financial data, which should be sent out soon.