Cubs Notes: Selig, Ownership, Edwards

Here’s the latest from Wrigleyville…

  • Within the last year, at least one major Cubs creditor has suggested that the Ricketts family should sell all or part of the team due to ongoing financial concerns, Gordon Wittenmyer of the Chicago Sun-Times reports.  The Ricketts family may be hamstrung by the debts taken on in their initial purchase of the team, Wittenmyer explains, and the ongoing legal battle with local rooftop owners over proposed upgrades to Wrigley Field could be a “red herring” in regards to the Cubs’ revenue issues, sources say.
  • Commissioner Bud Selig told reporters (including Wittenmyer) that he isn’t worried about the Cubs’ lack of spending in recent years.  “The fact of the matter is this [ownership] group is more than capable economically. I have no concerns about their economic viability,” Selig said.
  • Right-hander C.J. Edwards, the Cubs’ top pitching prospect, will undergo an MRI on Friday to investigate the source of tightness in his right shoulder (Wittenmyer has the details).  Edwards has posted a 1.81 ERA, 11.5 K/9 and 3.51 K/BB rate over 204 career minor league innings and was one of the key pieces of the trade package the Cubs received from the Rangers in exchange for Matt Garza last summer.  The 22-year-old was cited as one of the game’s top prospects in preseason rankings from Baseball America (which rated Edwards 28th overall), MLB.com (40th) and ESPN’s Keith Law (67th).

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