The Twins hadn't even polished off the Tigers yesterday before Major League Baseball unanimously approved Tribune's sale of the Cubs to the Ricketts:
The vote was made during a conference call. Tom Ricketts, who has headed the sale for his family, could take day-to-day control of the Cubs by the end of the month.
Commissioner Bud Selig says the Ricketts family will be "great owners and custodians" of the storied franchise perhaps best known for a World Series championship drought that now stands at 101 years.
... The $845 million deal also includes Tribune's approximately 25 percent share of regional cable TV network Comcast SportsNet Chicago.
Oddly, this item was the top story on Crain's Chicago Business this morning but totally buried on the Chicago Tribune's own site.
Oh, for a two-hour link from Raleigh to Washington, or a three-hour train from San Francisco to Los Angeles. Not soon, unfortunately. But maybe...Baton Rouge to New Orleans? No, not that either:
Bobby Jindal, Louisiana's Republican governor, made headlines on Saturday for rejecting $300m in stimulus money intended to jump-start high-speed rail in the Bayou State. Mr Jindal missed the deadline—midnight Friday—to apply for the funds. The governor said he worried about the future maintenance costs of the proposed high-speed rail line between New Orleans and Baton Rouge.
OK, so not that, either. How about just a 15-minute trip from the Loop to O'Hare? Now that we have all that money we're not spending on the Olympics?
Baseball season ends today for Chicago, making it 101 years since the Cubs last won the World Series. Last year they had to add another digit to the sign on Waveland Street. This year, they only have to increment the numbers: AC 01 64 101. ("AC" means "Anno Catuli" or "Year of the Cub;" the numbers refer to the years since they last won the division, the Pennant, and the World Series, respectively.)
Here's the sign at the beginning of this season for comparison:
The one encouraging thing from this year's regular season standings is that no one lost 100 games. Baltimore won yesterday's game against Toronto and Pittsburgh won Friday's game, limiting their possible losses to 99 pending the outcomes of today's games.
So, even though the Cubs have one more game today, I've already switched to my Red Sox hat. Playoffs start Wednesday.
The International Olympic Committee has eliminated Chicago from consideration for the 2016 games.
The defeat marked the first time since 1980 that the U.S. has failed in consecutive bid attempts. Los Angeles lost to Montreal in 1976 and Moscow in 1980, but then was awarded the 1984 Games when it was the only viable candidate bidding.
There was a stunned reaction in Chicago to the decision.
Yes, the people gathered in Daley Center Plaza, including the Mayor, would be disappointed. I confess to being about 5% disappointed and 95% relieved; the Olympics would have been hugely costly for Chicago, and we need all our money right now to buy back the parking meters.
Blowing off the last game of the season I bought tickets for did not come easily. I struggled with the decision for most of the afternoon. I needn't have:
The temperature at Midway has flattened out at 13°C as a thunderstorm has started passing overhead.
Oh, and après le déluge, the Cubs can resume in the top of the 4th with the last-place Pirates beating them 3-0.
So, you know, I think I made the right choice.
Actually, there will be a Cubs game, in about 10 minutes, but I won't be there, for the following reasons: It's cold out, it's raining, and I have a financial accounting exam in about a week for which I am slightly more prepared than I am to swim the English Channel.
Instead of rainy Cubs photos, then, here is a great post about ghostwriting:
I recognize the paradox [of ghostwriting celebrity memoirs]: the bookstores are already happy to sell this kind of fraud, so why can't online authors engage in the same sort of duplicity? The answer is that online authors need to err on the side of honesty and integrity in order to support not only their own work, but the internet as both a medium and distribution platform.
... Speaking of frauds, do you remember Milli Vanilli? They’re a Grammy-winning singing duo who had to give their Grammy back when it was revealed that the people singing the Grammy-winning song weren't the stage-act duo who accepted the award. C+C Music Factory got into the same kind of hot water when they replaced a full-figured singer on one of their hit songs with a shapely non-singer for that song's music video.
As for the Cubs, well, they were eliminated mid-May, so oh well. Pitchers and catchers come back in five months.
This time, though, Bloomberg picked up the story in the context of Chicago's 2016 Olympic bid:
Chicagoans are angry about Mayor Richard M. Daley’s deal to lease the city’s parking meters to Morgan Stanley investment funds.
So angry that Daley’s popularity is at a record low, according to a Chicago Tribune/WGN poll. So angry that the 20- year mayor may not have taxpayer support to lease or sell more assets and bolster the city’s budget.
That means Daley is under even more pressure to abide by his pledge that residents won’t pay anything for staging the 2016 Summer Olympics, which organizers say will cost $4.8 billion. The winning site is to be announced Oct. 2 in Copenhagen.
"When they see the city get it so wrong, voters rightfully get very skeptical," said Ralph Martire, executive director of the Center for Tax and Budget Accountability, a nonprofit public policy group in Chicago.
(Via The Expired Meter.)
Duke will release our financial accounting exam on the 8th, and we'll have 24 hours from the time we download it to finish and hand it in. Our professor, when asked this morning for general guidance about the exam, seemed confident that someone who didn't need to look anything up (e.g., an accounting professor) could finish it in "four to five hours."
In other words, until October 8th, I will likely post link lists, like this one. Sorry.
- The Economist's Gulliver blog highlighted the differences between Virgin America and the "legacy" carriers. Now, as a lifetime elite member of American Airlines' frequent-flyer program, I might be treated better than non-elite passengers. It still sounds like Virgin America might be on to something. (I'm still going to fly American, because I live in Chicago, which they dominate.)
- Mark Morford outdoes himself this week tackling the problem of how to talk to a complete idiot. He explains: "The absolute best way to speak to complete idiots is, of course, not to speak to them at all. That is, you work around them, ignore them completely, disregard the rants and the spittle and the misspelled protest signs and the fervent prayers for apocalypse on Fox News. Complete refusal to take the fringe nutballs even the slightest bit seriously is the only way to make true progress."
- The Cook County Sheriff this week broke up a dogfighting ring at a day care. The descriptions of the dogs they found turned my stomach. (The current story on the Tribune's website omits the descriptions.) That this went on in a building where 10 children spent their days added to the horror. People who inflict cruelty for sport deserve nothing less than the same inflicted on them, I think.
More later. Now, back to financial accounting....
People who live outside Chicago might find it shocking and dismaying to read a newspaper report that their city's Olympics bid will, if successful, make the mayor's friends rich. For us, it's actually comforting. I mean, we all knew someone would get rich; now we have a better idea who:
Chicago 2016 committee member Michael Scott also served as a consultant to the developer on a condominium project near the proposed athletes village, a development that would increase in value if the city wins the Olympics.
Scott, who negotiated key components of the $1.2 billion Olympic Village plan, said his business relationship with the developer, Gerald Fogelson, does not interfere with his role with the bid team. Chicago 2016 officials declined to say whether Scott's relationship with Fogelson was a problem, with Daley's Olympic team poised to spend billions of dollars in coming years.
What? You think civic pride alone would motivate the mayor to put us on the hook for $4 bn to get a sporting event?
In other news, the White Sox are officially out of the post-season, but the Cubs are still hanging on.
With 10 games left in the season, the Cubs' elimination number is still a number: 1. (The rest of the NL Central has already been eliminated.)
They're also within spitting distance of the Rockies for the wild card.
Hey, it could happen.