In a sales process that should wrap up right around the time baseball has evolved into Blernsball, TD Ameritrade scion Tom Ricketts continues to drag out the purchase of the Chicago Cubs to extract more concessions from Sam Zell and WGN on advertising cash and to look for more $25-50 million loans from the local rich.
(Guess who feels left out?)
Of course, as we mentioned last month, those loans have been gussied up in the form of stakes in the Chicago Cubs that you have to give back in 15 years when Ricketts pays back the loan with slim interest. It’s now known that he’s schmoozed famous Chicagoans Bill Murray, Jim Belushi, and John Cusack to buy in. Frankly, it’s difficult to understand a world where Jim Belushi has over $25 million in net worth.