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Chicago Cubs Owner Tom Ricketts On MLB’s Challenges And Private Equity In Baseball

Posted

March 20, 2025

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The CNBC Sport videocast brings you interviews with the biggest names in the business. In this week's episode, CNBC's Alex Sherman sits down in front of a live Chicago audience with Tom Ricketts, owner of the Chicago Cubs.

Ricketts discusses ESPN's and MLB's decision to end a decades-long TV rights deal, disruption to baseball's business model, competing with the financial firepower of the Los Angeles Dodgers and New York Mets, expectations for the 2025 season, private equity's impact on team valuations, and MLB's "superpower" versus the NFL and NBA.

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Reporter: Alex Sherman

Senior Field Producer: Jessica Golden

Senior Producer: Nick Robertson

Senior Managing Producer: Tala Hadavi

Edited by: Michael Hoyt

Animation: Jason Reginato

Additional Footage: Getty Images

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Chicago Cubs Owner Tom Ricketts On MLB’s Challenges And Private Equity In Baseball

Guests & Subjects Covered

The CNBC SportCNBC's Alex ShermanTom RickettsChicago Cubs RickettsLos Angeles DodgersNew York MetsNBA SignCNBC PRO

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Chicago Cubs Owner Tom Ricketts On MLB’s Challenges And Private Equity In Baseball · CNBC Television · Sentinel