Billionaire Sam Zell, who has taken over the Tribune Co., is expected to not only sell the Chicago Cubs but also its fabled home, which was named Wrigley Field in 1926 for club owner William Wrigley.
The sale of the park with the ivy-covered brick walls will probably be a separate transaction than the sale of the team.
What really has some people angry is that Zell is also
considering selling the naming rights to the second-oldest ballpark in the majors, dating back to 1914. He stirred up the fans and media last week when--during an interview with CNBC--he made it clear
that the way he runs his business is, well, his business.
But Crane Kenney, the Tribune Co. executive in charge of the Cubs, says no deal is imminent. "Naming rights has gotten a lot
of attention lately, and I think Sam, as he is at the Tribune generally, is stirring the pot and asking people to reevaluate the way we do business," Kenney says.
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