Tribune Nixes Deal To Sell Wrigley Field To Illinois State Agency / Sports section front

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Tribune Nixes Deal To Sell Wrigley Field To Illinois State Agency

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Posted: 6:50 PM May 13, 2008
Last Updated: 7:21 PM May 13, 2008

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The Tribune Company and its CEO Sam Zell have rejected an Illinois state agency's plan to buy Wrigley Field and are pushing ahead to sell the ballpark together with the Chicago Cubs. The Tribune Company has been trying to sell the team and ballpark separately in an effort to maximize the value of any deal to a new team owner.

But with hundreds of millions of dollars needed to fix the aging structure, selling Wrigley separately is appearing to be remotely doable at best.

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