Sale Of Chicago Cubs To Ricketts Family Is Complete

SB Nation’s Bleed Cubbie Blue was there today as the Ricketts family introduced themselves to the media and Cubs fans. They addressed their approach to running the team, and what will make this ownership different than those previous:

Essentially, Tom Ricketts said all the right things. All the things fans want to hear. Now the real mission begins, which is bringing the fans what they want to see: A World Series champion.

The AP reports that the sale of the Chicago Cubs to the Ricketts family has been finalized after the team was on the market for two and a half years.

The Ricketts family, who made their fortune with the online brokerage TD Ameritrade, bought a 95% interest in the team, along with Wrigley Field and a 25% interest in Comcast Sportsnet for $845 million dollars. This figure breaks the record $660 million sale of the Red Sox in 2002.

Major League Baseball has approved the sale of the Chicago Cubs to the Ricketts family in a unanimous vote this afternoon.