"For all their talk about “biblical” losses during the pandemic and empty-pockets posturing since, the Cubs owners are reportedly looking into revisiting efforts to tap into the lucrative European soccer market and considering a bid for Chelsea.
Russian oligarch Roman Abramovich reportedly seeks about $3.3 billion (U.S.) for his team as he looks to sell before war-related sanctions catch up to him — or roughly what the Ricketts family’s Cubs are worth, according to the latest Forbes estimate.
First reaction: Haven’t MLB’s blue bloods such as Cardinals owner Bill DeWitt, commissioner Rob Manfred and former Marlins carpetbagger David Samson been telling us that the business of baseball’s not as profitable as we think?
Second reaction: Obviously, they’re right. It’s far more profitable than we think."