Cubs chairman thinks sale's imminent

1/17/2009 - MLB Chicago Cubs

CHICAGO -- Cubs chairman Crane Kenney has again said that he
expects the team's sale to be completed by opening day.

Kenney told fans at the Cubs convention today that the list of
potential buyers could be down to one by the end of the month.

He also left the door open -- slightly -- for Tribune Co. to hang
onto the team at least a little longer.

The company put the Cubs on the market on opening day 2007, when
it accepted a buyout from real estate mogul Sam Zell. Since then,
Tribune has slowly whittled the list of potential buyers from 10 to

The sale could net $1 billion for the team and historic
Wrigley Field.

Once Tribune accepts a bid, the potential buyer would have to be
approved by Major League Baseball's ownership committee.