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Not a Slam Dunk: Cuban Owning Cubs PDF Print E-mail
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Written by Maury Brown   
Wednesday, 28 February 2007 08:54

Maury BrownThere’s been a swirling of news about Mark Cuban offering up $625 million for the Chicago Cubs and that he’s “desperate to buy the Cubs”.

First off, it seems insane for Cuban to offer up that much for the Cubs, even if I believe the franchise is worth more than the $448 million Forbes valuation. Second, I think Hades would freeze over before Cuban would be allowed into the Lodge by the owners.

All that aside, I think Darren Rovell, formerly of ESPN and now with CNBC, has it correct. As Rovell writes:

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

Rovell mentions the backloading of contracts, which I touched on for Baseball Prospectus in November of last year. Hence, the valuation of $625 million seems extremely high.

Would Cuban add flavor to an otherwise drab ownership collection in MLB? Certainly. But then, part of why MLB functions smoother today than yesteryear is due to the likes of Turner and Finley not driving whoever was commissioner at the time to the bottle or Maalox. Cuban doesn’t seem to fit the mold.

 
 
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