Apparent bidding war over Cubs

<div class="meta image-caption"><div class="origin-logo origin-image ap"><span>AP</span></div><span class="caption-text">This aerial view shows Wrigley Field on Sept. 24, 1932. &#40;AP Photo&#41;</span></div>
July 7, 2009 2:37:52 PM PDT
A bidding war is apparently brewing over the sale of the Chicago Cubs. According to The Chicago Tribune, a second potential buyer is still in negotiations to buy the team. A group led by former Chicagoan Marc Utay is working on a deal.

Monday, The Tribune reported that the Ricketts family was close to a deal to buy the Cubs and Wrigley Field. The Ricketts family is reportedly closer to finalizing an agreement than the Utay group.

Neither group is commenting on the negotiations.


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