Will New Owners Boost Chicago Cubs?

A federal bankruptcy judge has ruled that the Chicago Cubs can be acquired by the family of billionaire J. Joseph Ricketts for $845 million.


And they are known as the loveable losers, but some baseball fans say the Chicago Cubs may get a boost now that it looks like the Cubs will be sold to a very wealthy family. NPR's Cheryl Corley reports.

CHERYL CORLEY: The weather is chilly in Chicago and the familiar sounds at Wrigley Field…

Unidentified Man: T-shirts, get your t-shirts…

CORLEY: …won't be coming back until the new season begins next spring. The Cubs didn't make the playoffs. And with the spring will likely come new owners for the Cubs. Some say that's good news.

Mr. MAURICE WALTON (Cubs Fan): And as long as they stay in Chicago and stay the Cubs…

CORLEY: Cubs fan Maurice Walton may not have to worry about that. Tom Ricketts, who led his billionaire family's record $845 million bid for the Cubs and historic Wrigley Field, is a local guy. Texan Frieda Manson(ph) watches the Cubs on TV. She says a billionaire family may just help the Cubs' fortune.

Ms. FRIEDA MANSON: Maybe new owners, new infusion of money will help them get better players.

CORLEY: And maybe, says Maurice Walton, end the Cubs' 100-year-old World Series drought.

Mr. WALTON: Hopefully.

CORLEY: Now that a bankruptcy judge and Major League Baseball owners have approved, the sale of the Cubs is expected to be final in a couple of weeks. Cheryl Corley, NPR News, Chicago.

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