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 Post subject: Re: HUB Breaking News
PostPosted: Sun Dec 07, 2014 11:25 am 
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Quis, I am not arguing what went down, or how prevalent McKenna was in those days'

However Seacrest stated Ryan & co acquired 'The right to be approached" which is very unclear as to a legal right.

You have stated they have a right of first refusal, which is clear as a legal term and if true, is a major development. Once again, is it preceeded by existing Rights of other family members?

If Ryan has a clear ROFR at this point, I would say it is a no brainer that this team will be under his control if the scenario occurs. I mean he could pass before she does. Which would be very ineteresting to see if Jr would go through with it.

Returning to Hub saying that this agreement in place and is public knolwedge, sure seems newsworthy for someone to look into it.

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 Post subject: Re: HUB Breaking News
PostPosted: Wed Dec 17, 2014 5:50 am 
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The McCaskeys have several ways to fall into compliance, including selling shares among each other or receiving an exemption from the NFL. George McCaskey, the team's chairman since 2011, told the Tribune that the team has a plan to ensure the family's control continues after her death but declined to elaborate, calling the specifics "a private family matter."

"Our goal is to keep the Bears until the second coming," said George McCaskey, one of Virginia's sons, in June. "I can't say that we're never going to sell the Bears, but I can tell you with conviction that we have no intention of selling."

That doesnt sound like a guy who has a plan in place to sell the Bears!

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 Post subject: Re: HUB Breaking News
PostPosted: Wed Dec 17, 2014 9:09 am 
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McCaskey's would be stupid not to follow the Ralph Wilson model. If the Bills cleared over a billion, the Bears should fetch 2.

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 Post subject: Re: HUB Breaking News
PostPosted: Wed Dec 17, 2014 9:12 am 
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What's the Ralph Wilson model? Die and hope a fracker with a local wife sells a couple oilfields, then overbids to keep the team out of Toronto?

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 Post subject: Re: HUB Breaking News
PostPosted: Wed Dec 17, 2014 9:15 am 
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Secret open bidding, strategic leaks. No deals already in place, just free market free for all. Lots of big egos would love to be the owner of the Bears.

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 Post subject: Re: HUB Breaking News
PostPosted: Wed Dec 17, 2014 9:33 am 
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wdelaney72 wrote:
http://articles.chicagotribune.com/1987-08-30/news/8703060426_1_divorce-case-bears-letters


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They also signaled their desire to Ruth Hughes, Papa Bear`s strong-willed, trusted and possessive personal secretary, that she leave as well. Hughes, who was bequeathed $150,000 by Halas, had to retain a lawyer and go to court when she initially received only a $25,000 partial payment.


Ruth Hughes was my cousin. I don't recall if she ever got all the money owed to her.

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