The only question is whether or not Bud Selig and his buddies would ever allow Cuban to enter their exclusive fraternity of stuffy old white guys. It doesn't seem likely, so if Mark is going to have a real shot, he's going to have to blow away every other bidder for the team. Word on the street is that Cuban has already put in the biggest offer for the team, as he pulled $1.3 billion out of his pocket and put it on the table.
Cuban is reported to be the top bidder, at nearly $1.3 billion, but the auction will begin soon, after the applicants and their bankers delve further into the assets books.
"The Cubs are an amazing franchise and brand," Cuban wrote in an e-mail message. "I think the owner of any major sports franchise has two jobs: first, it's to work hard to win a championship year after year, and second, to be the caretaker of the franchise in the community."
John Mummert, USGA / AP
Kin Cheung, AP
Allen Fredrickson, Reuters
Sean DuFrene, AP
David T. Foster III, Charlotte Observer/MCT
Mark J. Terrill, AP
Christinne Muschi, Reuters
Hans Deryk, Reuters
Jacques Boissinot, The Canadian Press/AP
Charles Rex Arbogast, AP
Well, if the starting offer for the team is $1.3 billion, who knows how high it will go before the team is sold. Though it's important to note that the highest bidder doesn't always win. We learned this most recently when John Henry was awarded the Boston Red Sox even though he didn't put up the most money.
Which is exactly why I don't see any way that Bud Selig and MLB will sell the Cubs to Cuban. Sure, he'd do everything in his power to turn the team into a perennial powerhouse, and increase revenues for everybody around the league, but his personality just doesn't mesh with what Selig wants in an owner (and by personality I mean he's not one of Bud's good friends).
Selig takes enough heat as it is from the media and fans alike, and the last thing he's going to want is one of the owners calling him out on a regular basis like Cuban does to NBA commissioner David Stern.