Gordon Wittenmyer of the Chicago Sun-Times talked to Cubs chairman Crane Kenney, who anticipates payroll room to make moves around the July trading deadline. The team's revenue sources have remained strong for the most part.
It sounds like the Cubs' new ownership will be in place before the deadline. In another article, Wittenmyer quotes Kenney as saying the Tribune and the Ricketts family are "very close to the terms of their deal," which could be wrapped up in May.