The Outgoing Iowa Cubs Owners Shared Profits from the Sale with Long-Time Cubs Employees

Social Navigation


The Outgoing Iowa Cubs Owners Shared Profits from the Sale with Long-Time Cubs Employees

Chicago Cubs

You may recall that, earlier this month, the long-time Iowa Cubs owners sold the team to Endeaver/Diamond Baseball Holdings, which is building out a portfolio of some of the top minor league teams in baseball. It’s very big news in the minor league baseball world, and for Iowa, it’s the first change in ownership in over two decades.

What we didn’t know is how the former owners decided to use some of the profits from the sale. This is pretty incredible:

That’s a huge chunk of money from the sale of a minor league team going straight to the employees who helped keep the organization going. And for some of those employees, that’s life-changing money right there. I am so impressed, and the former owners deserve all the credit in the world.



Author: Brett Taylor

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