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.



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