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Biz of baseball: Ricketts will land Cubs

September 15, 2008 · 3 Comments

According to Maury Brown over at The Biz of Baseball, the Ricketts family is set to buy the Cubs from Tribune:

Word on the street is that Thomas Ricketts and the Ricketts family are the winning bidders for the Chicago Cubs, Wrigley Field, and a 25 percent stake in ComcastSports Chicago. Thomas Ricketts is the chief executive of Chicago investment bank Incapital LLC and his son, Joe Ricketts, is the founder of TD Ameritrade Holding Corp.

Word also is that the announcement will come 2 days after the end of the World Series.

Unlike, my favorite candidate Mark Cuban, the Ricketts family has stayed below the radar in this process. That is probably something that MLB likes. They have the pockets to compete with Cuban’s bid and they have a local connection.

Categories: chicago cubs
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