Another Reason Why Mark Cuban Didn't Buy the Cubs? And Other Bullets

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Another Reason Why Mark Cuban Didn’t Buy the Cubs? And Other Bullets

Chicago Cubs News

wallet cashWe’d had a real, nice, long stretch of sick-free children in the Taylor House for the last few months. For me, that means one particularly excellent thing: sleep. When the kids are sick, they don’t sleep well, so I don’t sleep well. It had been a great run of sleep, and it’s pulled back something fierce this week as a couple mild colds have interrupted sleep for everyone in the house.

  • Over the years, there have been varying explanations for why Dallas Mavericks owner Mark Cuban did not buy the Chicago Cubs in 2008/2009, when he was a serious bidder for the team. Originally, the story was that the old boys network of MLB would never approve someone like Cuban to be an owner. Then, it was that the Cubs would be a bad investment at that time. Then, it was that the debt structure required by the purchase made the deal too unpalatable to Cuban. And now there’s another explanation: the insider trading investigation surrounding Cuban at the time “created an uphill battle”, presumably because of the cloud of impropriety (New York Post). I remember that time well, and there was a bit of “ooh, Cuban did what? That’s bad … ” swirling around, so there could be something there. Cuban eventually was vindicated at trial, and the SEC later investigated how it may have mishandled the whole thing.
  • The reality of why Cuban didn’t buy the Cubs is likely a combination of all of those things, and you can read Cuban’s explanation on why he stopped participating in the bidding back in early 2009. It’s interesting to look back at Cuban’s comments on how he couldn’t fathom the team being worth the valuations (close to $1 billion) that were bandied about in the media at the time, and now know that just five years later the team is worth at least double that. The reality is, whoever bought the team was going to be hamstrung by the leveraged partnership ultimately required to complete the transaction, and all one could hope is that the organization rebuilt itself in tandem with dealing with those restrictions. From where I sit, the Ricketts Family did precisely that. And for those who still pine for Cuban as though he would have spent wildly from his own personal reserves in ways the Ricketts Family has not, I’d encourage you to read his explanation on not buying the team a little more closely. He explicitly indicates he would not have spent like crazy in free agency, preferring instead to invest in scouting and player development. And, hey, what do you know …
  • A CSN profile on C.J. Edwards.
  • Carson Cistulli with a fun and informative read on scouting.
  • An interesting read from BP on a way to measure plate discipline. Mike Olt comes in for some discussion (he’s been too patient, which is not the same as discipline).
  • This is at least partially off-topic, but, to the extent you view the marketplace for sports as interconnected (I do), then this read on the ongoing lawsuits involving the NFL and head injuries is pretty relevant to baseball long-term.


Author: Brett Taylor

Brett Taylor is the Editor and Lead Writer at Bleacher Nation, and you can find him on Twitter at @BleacherNation and @Brett_A_Taylor.