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Current DateTime: 10:59:51 10 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/10/2012 11:00:30 AM

SPORTS BIZ SLIDESHOWS

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Current DateTime: 10:59:51 10 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

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ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Cuban To Cubs Not True

Published: Wednesday, 28 Feb 2007 | 3:47 PM ET
Text Size
By: Darren Rovell
Sports Business Reporter

AP
Mark Cuban

Before everyone goes nuts about Mark Cuban possibly owning the Cubs, take a step back. Sources our telling me that it's not happening -- at least not now.

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? 

Topics:Sports
Companies:Tribune Co


Current DateTime: 09:37:12 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 10:45:45 10 Feb 2012
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