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June 17, 1981 - Image 16

Resource type:
Michigan Daily, 1981-06-17

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Wednesday, June 17, 1981


Page 16

The Michigan Daily

Wednesday, June 17, 1981 The Michigan Daily

tabs past
'M' coach

EUGENE, Ore. (AP) - Richard
Bay, 38, former wrestling coach at
Michigan, was named yesterday to
head the financially troubled athletic
department at the University of
Bay currently is associate executive
director of the alumni association at
HE WILL EARN $46,000 per year in
his new job. Bay replaces John Caine,
who resigned under pressure last mon-
Bay coached Michigan from 1970-
1974. During this time he accumulated a
43-5-3 record. In 1973;his team was 12-0
and finished first in the Big Ten Champion-
ships. In 1974, Bay led the Wolverines to

a 14-0 record. This team finished second
in both the Big Ten Championships and
the NCAA Championships. Bay was
named the NCAA coach of the year in
In his four years as head coach, Bay
produced 10 Big Ten champions and 12
BAY ALSO wrestled for the
Wolverines during his college days. He
won two Big Ten titles, was selected as
the "Outstanding Wrestler" in the Big
Ten and captained the team in his
senior year. Bay went through his en-
tire career, as a competitor, at
Michigan without ever losing a Big Ten
dual meet match. As a coach, Bay only
lost two of 35 Big Ten duel meets. When

he left the Michigan coaching post, his
winning streak stood at 27 consecutive
duel meets.
Regarding his new job, Bay said, "I
am both proud and excited over my ap-
pointment as Director of Inter-
collegiate Athletics at the University of
Oregon. Oregon is one of the finest state
universities in the country and, as a
member of the Pacific 10 Conference,
competes at the highest level of inter-
collegiate athletics. I view this oppor-
tunity as a tremendous challenge per-
sonally and am determined to do
everything in my power to contribute to
an already fine Oregon athletic


Owner of Cubs set to sell team
CHICAGO (AP)-William Wrigley said yesterday HE ALSO SAID he believed the arrangements with Cook expressed his enthusiasm in buying the Cubs,
that he will sell the Chicago Cubs baseball team to the the Tribune Company will transfer the club to a noting that the Cubs and the Tribune Company
parent company of the Chicago Tribune for $20.5 stable and well-established entity committed to broadcasting properties have been associated for
million. keeping the team in Chicago. many years. The first WGN radio broadcast of Cubs'
Wrigley owns 81 percent of the National League Wrigley also said he is confident that the Tribune baseball was in 1924 and WGN-TV began its television
club's outstanding stock. Company is financially able to meet its commitments coverage in 1948. The Tribune Company owns both
THE $20.5 MILLION for all of the club's assets is to the shareholders of the Chicago National League broadcast outlets.
being placed in escrow pending closing of the deal Ball Club, the team and the National League and Cook said in a statement that as a lifelong resident
and the Tribune Company is assuming all of the would be fully supportive of the Players Relations of the Chicago area, he is aware and respectful of
liabilities of the club. Committee. what he said is the great tradition of the team and the
The Cubs' board of directors approved the sale in a Wrigley added that the Board of Directors of the National League.
meeting later yesterday.,The deal also is subject to Cubs would meet to consider the offer and that he had Cook said the Tribune Company's newspaper and
approval of the club's stockholders (a formality since notified the National League and baseball Com- broadcast subsidiaries would continue the indepen-
Wrigley owns 81 percent of the stock) and the missioner Bowie Kuhn of his action. dent coverage of the news of baseball "consistent
National League. STANTON R. COOK, president and chief executive with the company's editorial tradition."
Wrigley said that for some time he had been officer of the Tribune Company, confirmed the tran- Tribune Company is privately owned. It has
wrestling with the estate tax problems caused by the saction and said the purchase is expected to be ac- newspapers, radio and television stations and cable
deaths of his parents as well as attempting to find a complished promptly following the club's corporate TV operations in the United States and newsprint-

THE CELLAR-DWELLING Chicago Cubs, who make their home in Wrigley that is necessary for the, sale to become official is approval by the
Field, have been sold by owner William Wrigley to the parent club of the stockholders (a mere formality since Wrigley owns 81 percent of the stock)
Chicago Tribune for 20.5 million dollars, it was announced yesterday in and the National League.
Chicago. The Cubs' board of directors has already approved the sale. All

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