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Entries tagged "baseball"Citi Field imitates Citigroup and falls apartThe New York Mets new stadium Citifield needs some major work, just like Citigroup's balance sheet. Will the Cubs get tagged out by bankruptcy?The long and winding auction for the Chicago Cubs could be headed into the dugout. Yankees, Mets feel the credit crunchDesigned to charge precredit crisis rates, the Mets and Yankees may be having problems filling those $2,000 VIP seats. Cubs auction isn't the only game in townChicago fans are hoping that the Ricketts family's race toward home plate in the auction for the Chicago Cubs baseball team will help it break the curse that kept the team from a title for so long, but dealmakers involved in the sale of other Major League franchises are using it as a yardstick. ... Ricketts emerges as the front-runner for the CubsIt appears that the the Chicago Cubs are headed into the hands of one the hometown favorites, as Chicago financier Tom Ricketts is expected to be named the winner of the auction for the storied baseball team. Multiple press reports say that the current owner Tribune Co. chose Ricketts, the president of bond dealer Incapital LLC, as the winner with a bid rumored to be around $900 million. ... Bad news for Newark's BearsWhatever happened to America's pastime? That's what the Newark Bears minor league baseball team would like to know. The New Jersey team said on Monday, thanks to attendance (make that the lack of), has forced it to start exploring options including a possible sale. ... Mark Cuban fits baseball's moldWith the leading $1.3 billion bid in the Tribune Co.'s auction of the Chicago Cubs, Mark Cuban, the owner of the NBA's Dallas Mavericks, could become the newest member of an elite fraternity, Major League Baseball's owners group. And although some of the recent members may be unaccustomed to Cuban's antics that have generated controversy and fines, he'd certainly fit the mold of MLB owners of the past. ... Citi Field's naming rights in question, why not BofA's?The New York Times shed some ink on beleaguered Citigroup Inc.'s naming of the Mets' new stadium, Citi Field, and the $20 million a year it will pay over 20 years to adorn its name on the Queens, N.Y., venue. But why only question the Citi deal?... Cubs auction starts as Wrigley Field sale goes foulOn the same day Tribune Co. is expected to send out the books for the Chicago Cubs auction, news of the fate of Wrigley Field, the team's ancient home, was also making the rounds.... Forget oil. In Taiwan, Yankees pitcher Wang rules the economyWhile nations grapple with the effects of a faltering U.S. dollar, the meteoric rise in oil prices and turmoil in the credit markets, one economy is worried about another leading indicator: New York Yankees pitcher Chien-Ming Wang's performance last night against the Boston Red Sox.... Rubin approached RBS' GoodwinCitigroup Inc. is said to have "informally" approached Royal Bank of Scotland Group plc's CEO, Sir Fred Goodwin, the Telegraph reported Sunday. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "baseball." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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