The South Florida Sun-Sentinel reports that the deal was complete and signed off on by the commissioner's office, and was going as planned until Mr. Zell, who is also a part owner of the White Sox whom the Cubs just swept, stepped in and vetoed the cash transaction that was included as part of the deal.
According to a high-ranking baseball official with direct knowledge of the talks, they even had a commitment from the Cubs' front office to cover roughly $6.6 million of the $7.2 million remaining on Jones' contract through next season.
The deal collapsed, however, when incoming Cubs owner Sam Zell – who is in the process of purchasing a controlling interest in the Tribune Co., which publishes the Sun-Sentinel – vetoed the hefty cash exchange.
The Sun-Sentinel also mentions that it was Zell who personally decided that the talks for Zambrano's long term deal should be delayed until "a later date".
I'm assuming that Mr. Zell is making decisions solely based on profit margins, but I don't see how having Jacque Jones and not having Zambrano locked up could possibly increase the value of your team. Whichever person or company this team gets sold to, it needs to be one that won't interfere with doing what will help us win. And it definitely can't be a Sox fan.
1 comment:
that's my new facebook picture. congrats RTW flag!
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