Thanks to MLBTR-
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.
The Cubs are smart to wait until then because teams will have to determine whether they are buyers and sellers and some teams may "need" to cut payroll for next season with the economy how it is. This also provides them with the room to add a player or two if a player like Soriano, Aram, or Harden goes down.
Here are a few names you may hear on the block around July- Roy Halladay, Matt Holliday, Jake Peavy, Brian Roberts, Carlos Lee, Mags Ordonez, Andrian Beltre, Jason Bay, Adam Dunn, Johnny Damon, H. Matsui, Vlad, Chone Figgins, Erik Bedard, Ryan Church, Carlos Beltran, etc.. Just to name a few.