Economic View: A Billion Bucks for the Cubs? Itâs Only Money
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After owners indulge their fantasy of buying a team, they tend to start viewing the team as a business.
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Carlos Zambrano and the Chicago Cubs agreed to a $12.4 million, one-year contract Tuesday, avoiding salary arbitration by striking the deal just before the scheduled hearing.
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The Cubs didn&#39;t need to fly anywhere near Florida to be in the eye of the storm. For a team that is going on 100 years since last winning a championship, the only thing they never are at a loss for is controversy.
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First of two parts Spring training can be dull and mundane, but in Mesa, Ariz., watching the new and improved Chicago Cubs should provide plenty of entertainment value.
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An investment product worthy of a spitball.
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Major League Baseball has followed in the footsteps of the NFL and has signed a lucrative deal with a satellite radio company. So, whether you&#39;re
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SAN FRANCISCO If you&#39;re willing to pay some big bucks for Barry Bonds&#39; 700th home run ball, you don&#39;t have much time left.
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A close look at the private finances of baseball's most successful, envied and valuable team reveals that they may not be making money.
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A billion bucks ain't what it used to be.
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The Chicago Cubs turned some ugly baseball in a sweet victory.
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On Wall Street, where even those who fail at their job make more than Alex Rodriguez, there is support for the third basemanâs plans to play the market.
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MESA, Ariz. -- Carlos Zambrano and the Chicago Cubs agreed to a $12.4 million, one-year contract Tuesday, avoiding salary arbitration by striking the deal just before their scheduled hearing.
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Thanks to a huge bump in the salary cap, teams have more money to spend than ever before, meaning mediocre players are getting megadeals in free agency.
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Nomar Garciaparra agreed to a one-year contract with the Chicago Cubs.
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The Chicago Cubs declined an $11.5 million mutual option on the outfielder Thursday and will pay him aa $2.5 million buyout. The Cubs also declined a $2.
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The National Hockey League brain trust has long maintained that in order to forge a new collective bargaining agreement with the NHL Players Association, it would need cost certainty -- which means teams' spending for players' salaries must be tied to revenues. In a nutshell, the hard line has been no cap, no hockey season in 2004-05.
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Alfonso Soriano, the Chicago Cubs' pricey offseason acquisition, is starting to pay off. Soriano had five hits, including a three-run homer, to help the Cubs beat the Milwaukee Brewers 7-2 on Monday night.