Author`s name Pravda.Ru

Ricketts Family to Buy Cubs for $845 Million - Comments

The Rickettses, longtime Cubs fans whose wealth comes from family-owned Ameritrade, signed an agreement Friday to buy a 95 percent stake of the team and its Wrigley Field home from Tribune Co. The $845 million deal also includes Tribune's approximately 25 percent share of regional cable TV network Comcast SportsNet Chicago. The deal, which requires approval by a bankruptcy court judge and Major League Baseball, may not help deliver a title to a profitable but hapless franchise that last won the big one in 1908

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