Crane Kenny: Cubs Sales Should Be Completed By Spring Training

A Crane Kenny, chairman of the Chicago Cubs, said Friday that he hopes the sale of the Cubs, Wrigley Field, and a 25 percent stake in Comcast SportsNet Chicago to be completed by Spring Training, and that the Tribune Co., by way of Sam Zell, would not be retaining a large stake, as reported last month by the Wall St. Journal. That report said that Zell would look to keep as much as 50 percent of the holdings after early reports had Zell looking to retain as little as a 5 percent stake for tax-avoidance purposes. Speaking to the Chicago Tribune, Crane outlined where the process is currently at, and how the bidders are looking to control the club, even in exceptionally difficult economic times. "The bids that came in were for control of the team where for Sam, any interest would be a small interest," Kenney said. "I think at some point people were talking about Sam holding almost half of it. That's not the way they [bid]. "People are ready to come in, and w...