Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
By Bob Goldsborough | Elite Street | Former Chicago Blackhawks forward Tuomo Ruutu, now with the Carolina Hurricanes, has just placed his two-bedroom condominium unit in Lincoln Park back on the market for $499,000.
The Finland-born Ruutu, 27, played with the Blackhawks from 2003 until 2008, when he was traded to Carolina for Andrew Ladd. Get the full story »
Procter & Gamble Co.’s Gillette brand will not renew its endorsement contract with golfer Tiger Woods, which ends Dec. 31, a company spokesman confirmed Thursday.
Battling back from a dismal 2009, Gatorade is putting on its game face and launching a new advertising campaign seeking to cast itself as more than a sports drink.
Starting Wednesday, the Chicago-based unit of PepsiCo Inc. will be promoting in commercials its “G Series,” a trio of products it introduced earlier this year that targets student athletes looking for a drink before, during and after a workout or athletic event. Get the full story »
A historic document that details the original rules of basketball, written 119 years ago as a winter sport for boys of a Massachusetts YMCA, was sold for more than $4 million on Friday to raise money for charity. Get the full story »
"The Super Bowl Shuffle" by the Chicago Bears Shufflin' Crew in 1985. Left to right: Mike Richardson (27), Gary Fencik (45), Willie Gault (83), William Perry (72), Walter Payton (34), Richard Dent (95), Jim McMahon (9), Otis Wilson (55), Steve Fuller (4), Mike Singletary (50). (Tribune file photo)
The owner of a beloved ditty by the 1985 Chicago Bears is preparing to shuffle on down to federal court to take on a media conglomerate.
“Super Bowl Shuffle” owner Julia Meyer filed a lawsuit in Chicago this week alleging Viacom used the video on MTV and VH1 without permission. Get the full story »
The Chicago Cubs’ proposal to use tax dollars to finance more than $200 million in improvements at Wrigley Field has so far missed the strike zone, but the team’s ownership is not giving up.
When Cubs Chairman Tom Ricketts unveiled the plan last month, he had hoped for speedy legislative approval of his financing proposal that required the state to issue bonds on the team’s behalf. He said a bill could be introduced during the General Assembly’s veto session held the past few weeks in Springfield.
But the team’s concept never turned into a bill for lawmakers to consider, because of objections to how the bonds would be repaid. The General Assembly’s veto session ended Thursday morning. Get the full story »
Chicago sports fans who subscribe to Dish Network better keep an eye on a West Coast carriage dispute in which Dish customers have not had Comcast SportsNet California since Nov. 24.
Potentially at stake is the access of roughly 360,000 Chicago-area homes — about 10 percent of the market — to Blackhawks hockey, Bulls basketball and Cubs and White Sox baseball.
Most of the National Basketball Association’s 30 teams either kept their average ticket prices unchanged or reduced them this year as the weak U.S. economy continued to affect North American professional sports leagues.
The average ticket price went down 2.5 percent to $48.08, a year after it fell 2.8 percent to mark the first decline in eight years, according to Team Marketing Report, which compiles such data for all the major North American sports leagues. Get the full story »
A Madison Dearborn managing director is a member of the investor group seeking to buy the National Hockey League’s Phoenix Coyotes.
George Peinado, who joined the Chicago-based private equity firm seven years ago from DLJ Merchant Banking Partners, confirmed that he’s a “minority investor” in a group headed by Matthew Hulsizer of Chicago-based Peak6. Get the full story »
ELITE STREET | By Bob Goldsborough | Chicago Cubs outfielder Kosuke Fukudome and his wife have paid $1.44 million to buy a three-bedroom Streeterville condo. Get the full story »
From Golf Digest | A golf tournament sponsored by Northern Trust last year drew a scant 30,000 spectators all week (estimated) to the Riviera Country Club, possibly due to a $50 gate charge — $20 more than the year before.
(E. Jason Wambsgans/Chicago Tribune)
The day started with the Chicago Cubs touting the support of Chicago area labor officials for its Wrigley Field renovation plan, but by afternoon key lawmakers in Springfield seemed to be splashing mud on the deal amid contradictory statements.
House Speaker Michael Madigan (D-Chicago) told reporters in Springfield Tuesday afternoon that the team’s owners, the Ricketts family, withdrew its proposal to finance a $200 million stadium renovation with a state bond sale that would be repaid with the anticipated growth in the 12 percent amusement tax levied on tickets sold at Wrigley. Get the full story »
Jerry Agar and Shawn “The News Junkie” Wasson are off the WGN-AM 720 schedule, and former Chicago Bear Glen Kozlowski is back with a weekend revival of the long-running “Sports Central” program.
Fans line up to get into the then-new Harry Carey's Tavern on Sheffield in 2008. (Charles Osgood/Tribune)
Harry Caray’s Tavern in Lakeview will close by Monday, the operator said. Harry Carry Restaurant Group CEO Grant DePorter made the surprise announcement during a press conference at Wrigley Field.
He said the relationship between the restaurant and the owner of the building on Sheffield Avenue has been like a “bad marriage.” Get the full story »
A proposed rendering of the renovations at Wrigley. (Handout)
By Alejandra Cancino and Kathy Bergen | Chicago Cubs owner Tom Ricketts on Monday told the Tribune’s editorial board he doesn’t have a Plan B to come up with $200 million if the state rejects his proposal to borrow that money in a bond offering.
The money will be used to make extensive renovations at Wrigley Field, including repairs of the dilapidated concourses beneath the field, better amenities for players and more bathrooms, he said.
The Cubs’ proposal calls for the Illinois Sports Facilities Authority, which owns U.S. Cellular Field, to float $200 million to $300 million in bonds. The bonds would be paid back over 35 years through amusement taxes that Wrigley Field patrons pay. Get the full story »
