Truth & Rumors > MLB
Source: Cuban's Cubs bid wasn't serious
Even before he was civilly charged on Monday by the SEC with insider trading, Dallas Mavericks owner Mark Cuban's chances to buy the Cubs had fallen precipitously. The recent round of bids from interested Cubs buyers has remained secret, but Cuban did not make a proposal that would qualify him as a serious buyer, SI.com has learned. So he may have been out even before the SEC spoke out. With the economy in meltdown, Cubs owner Sam Zell allowed prospective owners to bid for a fraction of the team in the latest round of bidding, and while the bids (some were for the whole team and some for part of it) remain sealed, at least four other groups are still seen as serious, according to people familiar with the sales talks: a Michael Tokarz-led group; investors headed by Leo Hindery Jr. and Mark Utay; Chicago real estate magnate Hersch Klaff; and the Ricketts family, which started TD Ameritrade.
Mark Cuban, Brian Bahr/Getty Images
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Comments (8) Add A Comment
He wasn't serious about dumping his stock either.
DanTheMan
Total Comments (2000)
All FOB (Friends of Bud) Cuban was getting was getting screwed from day one, Bud does not want him in the MLB...Oh I am going to bid a billion dollars for a team but I am not serious, what a BS story, probably writting and submitted by Bud of the MLB
Cubsfanil
Westville , IL
Total Comments (410)
It will be hard to run the ball club from his prison cell.
xMogox
Total Comments (62)
Civil case = Means no jail time
Cubsfanil
Westville , IL
Total Comments (410)
SEC violation = Federal Prison Time
xMogox
Total Comments (62)
Cuban=creampuff nancyboy
The TRUTH
Someplacein, OH
Total Comments (14272)
200 billion don't change that
The TRUTH
Someplacein, OH
Total Comments (14272)
Selig is the arsehole that should be charged with insider trading, putting his Brewers in the NL!!
budman59
Total Comments (376)
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