Do you happen to have a few hundred million dollars lying around your house? The Chicago Cubs will be up for sale after the 2007 season as part of a deal between the Tribune Company and local real estate entrepreneur, Sam Zell. According to the Cubs’ Web site, Zell also has a minority ownership stake in the syndicate that owns the Chicago White Sox and has to choose between that investment or the Cubs.
At the end of the 2006 season, the Cubs were worth more than $600 million. Depending on how the Cubs’ perform this season, their value could really skyrocket. Talk about inflation!
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