Despite major setbacks across the board for the economics of sports; which includes everything from declining NASCAR attendance, to stagnating luxury box sales at Yankee stadium, to General Motors canceling Tiger Wood's bag sponsorship contract, to the LPGA losing sponsors, and on and on. The Chicago Cubs are bucking the trend. They are for sale. And their franchise and Wrigley Field are a hot commodity. According to Forbes it is likely they will be a good deal for the perspective buyers as purchasing solid, possibly undervalued, assets during a depressed market is frequently a good move. The Cubs, who were bought by the Tribune Company in 1981 for $21 million are expected to fetch close to $1 billion on the auction block.
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