JohnCanning News

JohnCanning News From AOL News

Three Bidders Left in Cubs Sale, One of Whom You May Know

This morning, I ever-so-briefly covered the news that John Canning's ownership group, long considered the frontrunner for Cubs ownership, had its low offer laughed out of the room. Initially, it seemed Canning would be able to submit a second, higher bid, but according to the Associated Press' source that's not the case....

Cubs Laugh at Low Bid From Selig Pal

John Canning, chairman of Chicago private-equity firm Madison-Dearborn Partners and noted dude with lots of money (private equity must pwn), is interested in the Cubs. His ownership group has long been mentioned as the frontrunner in the sale of the storied franchise mostly because he's really good friends with Bud Selig,...

In the Cubs Ownership Fiasco, It Pays to Be Bud Selig's Friend

The Cubs' sale trudges onward, and little or no detail has trickled out. The candidates -- which include Dallas Mavericks owner Mark Cuban and Chicago rich dude John Canning -- are, along with their chances of owning the team, still relative unknowns. Who's going to pony up the cash? The Chicago Tribune reminds that the...

Cubs Could Fetch ... One Billion Dollars!

In a deal that would make them the costliest franchise ever bought and sold, the Chicago Cubs, according to this story, are set to cost $1 billion dollars to whoever is lucky enough to inherit the storied club. Muahahaha! Ah, the Tribune Company and Dr. Evil ... rich, dastardly, inept to the point of comedy. And now this....