<div class="quote_poster">Quote:</div><div class="quote_post">"I submitted an app," Cuban said in an e-mail to The Associated Press. Interested parties must submit an application to Major League Baseball to examine the team's finances. Cuban told the Chicago Tribune he sent in the application last week, although he wasn't sure of the date. Tribune Co., which owns the team, announced in April it was selling itself for US$8.2 billion to Chicago real estate mogul Sam Zell, who made the deal contingent on shedding non-core assets. That means the Cubs will go on the auction block at the end of the season - a decision Tribune chairman and CEO Dennis FitzSimons has conceded was difficult but one that "really makes sense for our shareholders." Several potential deep-pocketed bidders are expected to vie for the Cubs and possibly for Wrigley Field, including Cuban and Chicago native Jerry Colangelo, the Phoenix Suns CEO who once ran the Arizona Diamondbacks. The Tribune, citing unnamed sources, reported Thursday the family of Omaha, Neb.-based TD Ameritrade Holding Corp.'s founder Joe Ricketts also was considering a bid. Ricketts family representatives declined to comment on the report when contacted by The Associated Press on Thursday. Forbes magazine recently valued the National League Cubs at $592 million, fifth-highest in baseball, although experts speculate the bidding could start at $600 million. </div> TSN
Yeah this has been rumored for liek the past year. Cuban is a great business man. I mean he produces movies that were even nominated for academy awards. He owns the Mavericks. Has his own TV show. Wants to own the Cubs. PLUS he wants to start his own proffesional football league. It's very interesting to me, and I think he could become the George Steinbrenner of Chicago and really help that struggling franchise. I just hope all these huge projects don't distract him and pull him away from making smart decisions with the Mavericks.
The Cubs already dish out a lot of money and they're still having trouble. Money doesn't solve everything all of the time. I doubt they will sell to him because a local businessman is already on the verge of purchasing the team and the Chicago Tribune.
Yeah, Bud Selig said he would like to have the owners be Chicago based. Also, Selig has to sign off on who buys the team...with the trouble Cuban gave the front office in the NBA I'm sure Selig wouldn't want to give himself the same problems. I'd LOVE for him to buy the team but the chances are remote. O.T. <div class="quote_poster">Quote:</div><div class="quote_post">It's very interesting to me, and I think he could become the George Steinbrenner of Chicago and really help that struggling franchise.</div> We've won 14 of our last 18 which is the best in the NL and are 3 games behind a struggling Milwaukee. Haha, had to throw it out there.
The price of the Cubs reportedly (Tribune paper) went up from roughly 7 billion to 10.4 billion due to their recent efforts among other things. I doubt Cuban can make the purchase on many levels, one including exactly what "Bulls=Amazing" mentioned above.
