Who Is Chicago Cubs Owner?

The Chicago Cubs are a Chicago-based professional baseball franchise in the United States.

The National League Central division in Major League Baseball is where the Cubs play. On the North Side of Chicago, at Wrigley Field, the team plays its home games.

One of Chicago’s two major league organizations is the Cubs, while the other is the Chicago White Sox, who play in the American League (AL) Central division.

Tom Ricketts
Tom Ricketts

The Cubs, originally known as the White Stockings, joined the National League (NL) in 1876 and changed their name to the Chicago Cubs in 1903.

The Cubs have participated in 11 World Series all over the course of the club’s existence.

The 1906 Chicago Cubs won 116 games, finished 116-36, and posted a winning percentage of .763 before falling to the Chicago White Sox (“The Hitless Wonders”) in the World Series by a score of four games to two

. The Cubs became the first major league club to play in three straight World Series and the first to win it twice when they won back-to-back titles in 1907 and 1908.

Most recently, the Cubs’ victories in the 2016 World Series and National League Championship Series broke Major League Baseball’s records-setting droughts of 108 years without a World Series victory and 71 years without a National League pennant, respectively.

The 108-year dry spell was also the longest of its kind in any significant North American sport. The Cubs have made the postseason 11 times since division play began in 1969 through the 2020 campaign.

In contrast to the White Sox, whose home field (Guaranteed Rate Field) is situated on the South Side, the Cubs are referred to as “the North Siders,” a reference to the location of Wrigley Field within the city of Chicago.

Who Is Chicago Cubs Owner?

The Chicago Cub belongs to the Ricketts family. On October 27, 2009, The Ricketts Family acquires ownership of the Cubs.

In an $845 million deal, the Ricketts Family receives a 95 percent interest in the Cubs, Wrigley Field, and the Tribune Company’s roughly 25 percent stake in Comcast SportsNet.