Baseball

Auction for Cubs Nears End

Chicago Tribune  |  Jan 6, 09 12:43 PM CST

(Newser) - The bidding for the Cubs is nearly over. The Tribune Co. could select a winner from the three finalists within a week to 10 days, the Chicago Tribune reports, but that doesn’t necessarily mean the team is about to be sold. Tribune would still need to negotiate with the winner and could still pull the team off the market. More »

Real-World Financial Woes Worry Sports Owners

Wall Street Journal  |  Jan 2, 09 1:09 PM CST

(Newser) - As investment portfolios dwindle and businesses suffer, more professional sports teams' owners are falling on hard times. League bosses worry that potential buyers, already an endangered breed, won't go for newly available teams because their primary businesses are foundering. Even the Cubs, one of MLB's few profitable franchises, can't find an owner, reports the Wall Street Journal . More »

Trainer Slaps Clemens With $10M Defamation Suit

New York Post  |  Dec 23, 08 1:16 PM CST

(Newser) - Brian McNamee is suing his former boss for $10 million, the New York Post reports, saying Roger Clemens libeled and slandered him in the wake of the Mitchell Report on steroids in baseball. The former star pitcher is likewise suing McNamee for telling federal investigators Clemens used steroids, but McNamee says because he was forced to talk with the investigation he’s immune from such suits. More »

Braves Prez Calls Furcal's Dealings 'Despicable'

Associated Press  |  Dec 19, 08 6:27 PM CST

(AP) - Braves president John Schuerholz has vowed to never again do business with Rafael Furcal's agents, whom Schuerholz has accused of conducting "despicable" dealings with the team, the AP reports. Schuerholz and Braves general manager Frank Wren were quoted as saying the Wasserman Media Group negotiated dishonestly by taking the team's signed terms of agreement sheet for Furcal to the Los Angeles Dodgers, who then reached a preliminary agreement Wednesday to re-sign the shortstop. More »

GM Picks Mets Over Yankees for Ad Dollars