Ffs.Mark Cuban took one look at the terms- a required leverage sale and said Fuck that... He wad hung ho about buying the team and didnt even place a bid in the end.
Ffs.Mark Cuban took one look at the terms- a required leverage sale and said Fuck that... He wad hung ho about buying the team and didnt even place a bid in the end.
Who forced the Ricketts family to buy the Cubs?
If Joe Schmo bought the Cubs, he'd have been saddled with the exact same debt plan and a league requirement to carry ~$42 million in operating revenue at all times for the next decade plus. Teams usually carry < $20mil. The average operating revenue for MLB teams in 2020 was NEGATIVE $60 million.