Bidding on Cubs Moves to the Next Round

By Marcus Gilmer in News on Dec 1, 2008 9:20PM

At least three bidders met the Thanksgiving deadline to submit their proposals for buying the Chicago Cubs. Chicago real estate investor Hersch Klaff, the Ricketts family, founder of online brokerage TD Ameritrade Holding Corp., and a group led by Marc Utay, a New York private equity investor all turned in proposals over the holiday weekend. No word on the two other potential bidders, Houston businessman Jim Crane and Dallas Mavericks owner Mark Cuban. The package includes the Cubs, Wrigley Field, and Tribune's 25-percent stake in Comcast SportsNet