Cubs Almost Sold
After nearly two years of intrigue, the billionaire Ricketts family has emerged as the winning bidder to purchase the Chicago Cubs from Tribune Co. for about $900 million, sources close to the situation said this evening.
The family will now complete negotiations with Tribune Co.
- The family patriarch, J. Joe Ricketts, grew up in Omaha and started a discount stock brokerage. In the 1990s he transformed the company into an Internet trading powerhouse now known as TD Ameritrade Holding Corp.
In the meantime, the comments are open to belittle the Cubs chances for this year.