Mark Cuban looking at purchasing the Cubs

Discussion in 'NBA General' started by The`Dream, Jul 13, 2007.

  1. The`Dream

    The`Dream BBW Elite Member

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    <div class='quotetop'>QUOTE </div><div class='quotemain'>Fans of the Windy City's lovable losers can count a maverick NBA owner among those interested in purchasing the Chicago Cubs. The Chicago Tribune reports that Mark Cuban says that he has submitted his application to Major League Baseball to purchase the Cubs. Cuban, who has owned the NBA's Dallas Mavericks since January of 2000 and is known for his free-spending ways, told the newspaper he sent the paperwork in last week. Cuban's efforts to enter the already crowded field to purchase the team is being met with some speculation. The Tribune summed up Cuban's efforts to buy the team in its Thursday edition as follows: "And while Internet billionaire Mark Cuban, owner of the Dallas Mavericks, has expressed interest, most observers think Major League Baseball would balk at a potential owner as unpredictable and outspoken as Cuban." When e-mailed by the Tribune to respond to the sentence, Cuban replied via e-mail: "I never comment on 'most observers' reports. It's like responding to a random blog post, a waste of time." The Tribune Co. announced in April it would sell the team at season's end, after the ailing media conglomerate announced its acquisition by billionaire investor Sam Zell. It put one of sports' most storied and star-crossed franchises on the block, a year shy of the 100th anniversary of its last World Series title. Zell, a real estate magnate who already owns part of his hometown Bulls and White Sox, did not comment about why he's was not interested in keeping the Cubs in connection with the $8.2 billion deal. The team is one of Tribune's richest assets. Cuban faces some stiff competition among suitors for the Cubs. The Tribune reported Thursday that the Ricketts family, which founded discount broker TD Ameritrade Holding Corp., has joined the list of potential bidders. Sources close to the situation said the Ricketts family is readying their application MLB requires for all parties wishing to bid on a franchise. The group is led by Thomas Ricketts, 41, who is the founder and chief executive of the Chicago-based investment firm, Incapital Holdings LLC. Thomas Ricketts is the son of J. Joe Ricketts, an Omaha billionaire who founded Ameritrade. Forbes Magazine this year estimated the Ricketts' family worth is $2.3 billion. The Tribune reports other bidders include John Canning, who heads the Chicago-based private-equity firm Madison Dearborn Partners and is a part-owner of the Milwaukee Brewers. Additionally, a partnership of restaurateur Larry Levy and Chicago business owner Craig Duchossois is also thought to be interested in entering the fray. Don Levin, who owns the Chicago Wolves minor league hockey team has said he is interested in bidding for the team, as is a partnership of Chicago attorney Thomas Mandler and area businessman Jim Anixter. A group led by industrialist and private-equity investor Thomas Begel may also try bidding on the Cubs, the newspaper reports. Bidding for the ballclub and historic Wrigley Field, however, is certain to be fiercely competitive. Analysts have estimated the Cubs could fetch $600 million or more, a far cry from the $20.5 million Tribune paid in 1981.</div>I think this is General NBA because we can talk about how Mark Cuban's NBA ownership abilities and strengths will transfer over to Major League Baseball.
     
  2. BrewCityBuck

    BrewCityBuck The guy with 17,000 Posts.

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    Someone move this topic.
     
  3. MaRdYC26

    MaRdYC26 BBW Graphics Team

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    <div class='quotetop'>QUOTE (BrewCityBuck @ Jul 13 2007, 01:05 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Someone move this topic.</div>agreed.has nothing to do with the National Basketball Association.
     
  4. LAZY

    LAZY BBW Elite Member

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    To quote his wife 'I would divorce Mark if he ever bought another franchise'
     
  5. primetime

    primetime Get Your Popcorn ready again

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    <div class='quotetop'>QUOTE (LAZY @ Jul 14 2007, 12:14 AM) <{POST_SNAPBACK}></div><div class='quotemain'>To quote his wife 'I would divorce Mark if he ever bought another franchise'</div>You never get married when your a billionaire unless you get prenuptial. rule number one.
     
  6. KCX

    KCX BBW VIP

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    Im pretty excited about this. I think hes gonna bring the love of the cubs back to chicago! hands down bitches
     
  7. primetime

    primetime Get Your Popcorn ready again

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    <div class='quotetop'>QUOTE (KCX @ Jul 14 2007, 01:31 AM) <{POST_SNAPBACK}></div><div class='quotemain'>Im pretty excited about this. I think hes gonna bring the love of the cubs back to chicago! hands down bitches</div>I wish he'd buy the orioles instead. god knows we need new ownership. we've gone to hell since Cap Ripken retired.
     
  8. Rok

    Rok BBW VIP

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    This is bad news for Mavs fans. Cubes has been quoted to saying if he were to ever buy another franchise, he'd sell the other.
     
  9. Justice

    Justice BBW VIP

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    <div class='quotetop'>QUOTE (Rok @ Jul 14 2007, 12:15 PM) <{POST_SNAPBACK}></div><div class='quotemain'>This is bad news for Mavs fans. Cubes has been quoted to saying if he were to ever buy another franchise, he'd sell the other.</div>Bleh. As LAZY said, he's also been quoted as saying his wife would divorce him if he bought another team. I don't know if selling one and buying another counts.
     
  10. LAZY

    LAZY BBW Elite Member

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    I think Cuban might be getting a little board with the Mavs. If Cuban buys another franchise and sells Mavs. Mavericks go back into the dark age
     
  11. Justice

    Justice BBW VIP

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    <div class='quotetop'>QUOTE (LAZY @ Jul 14 2007, 11:21 PM) <{POST_SNAPBACK}></div><div class='quotemain'>I think Cuban might be getting a little board with the Mavs. If Cuban buys another franchise and sells Mavs. Mavericks go back into the dark age</div>Hopefully he'd have the decency to sell them to someone who isn't a complete moron.
     
  12. Strike3

    Strike3 BBW Elite Member

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    God don't let this rich brat take control of another thing and ruin it...
     
  13. Rok

    Rok BBW VIP

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    <div class='quotetop'>QUOTE </div><div class='quotemain'>God don't let this rich brat take control of another thing and ruin it...</div>And he ruined the Mavs how? Or you just talking out of your ass? Because I'm pretty sure he was a big reason Mavs got out of those dark ages in the 90s and had winning seasons ever since. Also, made the Finals in how many years? Give me a break, if anything he'd be a bright spot in Chicago. Their organization sucks.
     

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