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Author Topic: Chicago Cubs sold for $845 Million  (Read 487 times)
Tony Trader
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« on: September 17, 2009, 08:33:41 AM »

Even though they haven't won the world series since the beginning of the century the Chicago Cubs still have some of the most loyal fans in all of sports.

A businessman has agreed to pay $845 million for the Chicago Cubs, and details of the team’s finances and profit potential might have prompted the late Harry Caray to exclaim, “Holy Cash Cow!”

Bleacher Bums swilling Old Style and crowds of 40,000 vowing to “root, root, root for the Cubbies” are among the most time-honored and lucrative rituals in baseball. The Cubs pocket more than $2 million for each of their 81 regular-season home games, based on financial information Yahoo! Sports obtained from three people familiar with the pending deal between Chicago businessman Tom Ricketts and the Tribune Co., current owner of the team. The sources spoke on the condition they remain unidentified because they are not authorized to share the figures.

Tony
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« Reply #1 on: September 18, 2009, 04:47:08 PM »

Amazing isn't it that they can still make a profit......holy cow!!!!!!!!
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