Word on the street is that Thomas Ricketts and the Ricketts family are the winning bidders for the Chicago Cubs, Wrigley Field, and a 25 percent stake in ComcastSports Chicago. Thomas Ricketts is the chief executive of Chicago investment bank Incapital LLC and son Joe Ricketts, the founder of TD Ameritrade Holding Corp.Interesting. Based on its past history, Major League Baseball is not entitled to a presumption that the process played out fair-and-square here, but there's not much we can say objectively about it unless and until the bidding information is ever revealed, and my guess is that it won't be.
Word also is that the announcement will come 2 days after the end of the World Series.
The real question is whether Cuban entered into a confidentiality agreement when he submitted his bid. If not, I'm hoping we'll hear him grouse about the process soon.