More Videos
- Moon Hopes To Complete Amazing Story
- These Poker Stories Are No Bluff
- Did Matsui Make Contract Money Last Night?
- Adidas Out At UCF After MJ's Son Wears Jordans
- If Yanks Win, Merchandise Will Fly Off Shelves
- Final World Series Games Big Money Makers
- What I Got Wrong About Keflezighi
- Marathon's Headline Win Is Empty
- New Cubs Owner Tom Ricketts Goes One-on-One With "SportsBiz"
- Roger Federer Signs With Chocolate Brand Deal
RSS FEED
MOST SHARED
- Obama Sees Strains Unless US, China Balance Growth
- Can Apple Top Microsoft as Most Valuable Tech Firm?
- Oil Tomorrow
- Mad Mail: Buy the Berkshire Hathaway Split?
- Priceline Crushes Profit Forecasts; Shares Jump
- Future of Marketing
- European Commission Objects to Sun Micro-Oracle Deal
- GM CEO Starts Opel Charm Tour in Germany
- JPMorgan Lifts Salary Freeze Amid Recovery
- Why Google is Paying $750 Million for Ad Mob
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- Nov. 9: Unusual Volume Leaders
- The Battered Businesses Behind Housing
- Modern Warfare 2's Record-Breaking Launch
- Merck’s Mega-Monday Morning
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- S&P Stocks Trading at New 52-Week Highs
- Peak Oil Closer Than IEA Forecasts Show: Report
- UK Most at Risk of Losing Top Credit Rating: Fitch
- GM CEO Starts Charm Tour at Opel in Germany
- Bad Debt Weighs on Barclays Earnings
- HSBC Operating Profit Beats, US Bad Debts Slip
- Fed's Tarullo Backs Surcharges to Limit Bank Size
- Look Ahead: 'Risk On' Sentiment Could Fuel Rally Further
- European Commission Objects to Sun Micro-Oracle Deal
- Obama Sees Strains Unless US, China Balance Growth
Sports Biz
Text Size 
 |
AP Mark Cuban |
Radar Online reported that Cuban was set to offer $625 million for the baseball team owned by the Tribune Co. That would be at a tremendous premium over what Forbes valued the team at ($448 million). Despite who the Cubs are, I'd be surprised to see the team go for that price given the huge payroll the Tribune just committed. Since contracts are guaranteed in baseball, a new owner would definitely calculate the incoming costs moreso than say in football where only the signing bonus is guaranteed. On a side note, I don't think, in the history of sports, a fan base has wanted a particular owner so badly. It's reached a point where there are even petitions that have been set up where people are begging Cuban to buy the team.
Cuban actually sang "Take Me Out To The Ballgame" at Wrigley Field in the summer of 2005. "It absolutely killed me to sing 'Root, root, root for the Cubbies," Cuban -- who is a Pittsburgh Pirates fan -- told the paper. "I asked the broadcasters later if anybody had ever put in the other team." The funny thing is that's also when the 'Cuban as Cubs owner' speculation began circulating.
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes