Categorized | Chicago Cubs

Interesting Dialogue From Mark Cuban Regarding Cubs Sale

Posted on 07 January 2009 by Lou

With the recent announcement that the Cubs will name the winning bidder for the Cubs with the next few weeks, Mark Cuban, owner of the NBA’s Dallas Mavericks and early bidder for the purchase of the Chicago Cubs, made some interesting statements in his blog – Blog Maverick on Tuesday. Check out the article for yourself – it is a great read.

I loved his comic relief regarding asking the government for a bailout. I bet if he did write that letter, some politician would have taken up “Cuban’s cause for a bailout” and gotten him a billion or so dollars for his efforts.

The stuff about the Cubs – White Sox relationship in baseball circles is classic. If it’s true that the Cubs don’t enter certain agreements or make certain moves in order to keep the Cubs and White Sox on par, that is a total joke. Why would the Cubs not want to take advantage of it’s larger popularity, bigger fan base and broader exposure in order to make more money and put a better team on the field to win that elusive World Series Championship? It doesn’t make much sense to me, but wouldn’t surprise me if previous Cubs management had “tacit agreements” with Jerry Reinsdorf so that there would be parity between the Cubs and White Sox.

I also found it interesting that Cuban now thinks the $1 billion price tag for the Cubs is too much. Cuban originally bid over $1 billion for the Cubs, but failed to submit a final bid in December 2008 when the Cubs required the minimum bid to be at least $1 billion. Cuban claims that the declining world economy adversely affected the Cubs valuation as well, and that by paying that much, it might become too hard to continue to increase payroll each season if gate receipts decline – as they are expected to do so in 2009.

I guess we’ll have to wait and see on that one. Cubs fans love to drink the cool-aid, so I’m sure we’ll be hitting the Friendly Confines as much as we’ve done in the past. Maybe we pay ticket scalpers as much to get seats during the hot summer months, but I’m sure we’ll still pack the house each and every game.

I’d love to hear Jerry Reinsdorf’s take on all of this.

In any event, let’s just get the Cubs sale behind us. Once we get new ownership in place, hopefully we’ll get a better idea of how committed they are to winning and how much they are willing to spend to win. Then we can get a better idea of whether the Peavy trade will happen – whether it be during spring training or before the trading deadline in July. And then we can focus on play on the field – getting off to a fast start and keeping the momentum going through the hot summer months. Go Cubs!

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