Baseball On My Brain


Where else baseball pops up

I’m always interested to come across baseball articles in non-baseball publications…for instance the April 2008 issue of Conde Nast Portfolio had a brief feature on the Chicago Cubs in their “How To Value It” section.

The Cubs have been in the business news thanks to talk of a sale, selling the naming rights to Wrigley Field and so on. So Duff McDonald took on the task of placing a value on the Cubs, which he listed at just over $650 million, which I consider to be a low estimate.

If the Red Sox sold for $660 million in 2002, wouldn’t you think the Cubs would be able to push the $750 million barrier? Seems reasonable to me – especially with speculation that if the Yankees were to be sold after the new stadium is complete, it would be well over a $1 billion transaction.

Thoughts?

Advertisements

Leave a Comment so far
Leave a comment



Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s



%d bloggers like this: