The Cubs are a Valuable Asset

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I’m sure you’ve heard about the beef between the Chicago Cubs and a certain Presidential candidate who is prone to verbal diarrhea:

“I have no comment on that,” Epstein said with a grin and a sigh. “I think that speaks for itself, as does our season last year and the turnaround of the franchise.”

“Wow, I don’t want to get in a battle with Mr. Trump,” Maddon said. “I have no idea what this is all about. … Maybe Mr. Trump didn’t follow the season last year. I have no idea.”

I don’t exactly think the Cubs need to respond to this silliness, but I’m amused at what they said.  I think I prefer John Oliver’s comical response from this past weekend:

Ah, politics.  Anyway, it’s interesting to note that said Presidential candidate has been thought to be worth around $4 billion or so, or whatever he feels like saying he’s worth.  This is somewhat relevant because the Cubs continue to be the 5th most valuable franchise in Major League Baseball according to Forbes.  Craig Calcaterra says there is a new valuation list out, but I can’t seem to find the most recent link.  Regardless, since they bought the team, the Ricketts Family has raised their initial investment (debt-loaded to hell) from $845MM to $1.8B last year, and apparently $2.2B this year.  Given the issues I raised with the appeal of baseball earlier, it seems nice that the Cubs are at least economically well off, something reflected by most of MLB.  This will buy them some time to figure out how to better appeal to new and younger fans.  And given what has happened with the improvement of the on-field and overall product (seriously, have you checked out the social media lately?), I’d say the Cubs are in pretty good hands.

 

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About Rice Cube

Rice Cube is the executive vice president of snark at World Series Dreaming. He loves all things Cubs, with notable exceptions (specifically, the part of Cubs fandom that pisses him off). Follow on Twitter at cubicsnarkonia

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