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Thursday, January 22, 2009

Ricketts Family Emerges As Cubs Buyer

So much for the Mark Cuban train (derailed some time ago); the apparent winning bidder for the Cubs is the Ricketts family, at a price of about $900M.

J. Joe Ricketts made his money with TD Ameritrade. He has a net worth of $1.2 billion.

Update 1/23: Al Yellon writes in with the correction that the principle behind the bid is not J. Joe Ricketts, but his son, Thomas, according to a Chicago Sun-Times story.

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