BREAKING NEWS: Cubs file for Chapter 11

Blog, Majors, News and Notes Briefs, NL Central October 12, 2009 1:18 pm no comments

The Chicago Cubs, baseball’s lovable losers, have filed for Chapter 11 bankruptcy. The franchise is owned by the Tribune Co., which owns the Los Angeles Times and the Chicago Tribune. This step will aid in the process of selling the club for $845 million transaction. The filing took place in [...]