As the new season has just started there are many baseball franchises that are struggling to survive in the competitive sports market. Each Franchise has their own way of running their business but many of them are seeking new investment as the costs of running a successful Franchise are increasing every season. Many of the franchise owners were looking for a Franchise For Sale within baseball many years ago when the forecast looked good, as the game, stadiums and players develop into a global prospect. Now many of the Franchise owners have to look at their Franchise and be aware of the current market and what it could mean for them if they don’t start treating their Franchise as a Home Based Franchise. What is meant by this is cutting expenses to conserve the life of the Franchise, every Home Based Franchise has minimum expenses because it is looked at as being very tightly knit and consequently not using outside supply as a basis for their survival.
The current sports market is very complicated, many Franchise owners across the MLB and other sports across the world are looking for new investment as they put their Franchise For Sale to various investors across the world. The competitive nature of sport does not conclude on the field, it is much more formidable off it, investors want the best price for the money so it may take years to find the correct investor for the right franchise. The Chicago Cubs have had many managerial figures over the years but the belief that running a Franchise as a Franchise has served them well. The team has profited from huge investment and the team has shone on and off the field and are considered one of the best-known sports franchises in the world.
We now take a glimpse at the Chicago Cubs history and how they have played on and off the field.
The franchise was founded as an independent professional team in the year 1870 and they joined the National Association in 1871. Previously called the White Stockings, Colts, and Orphans, the franchise played at Wrigley Field in Chicago, Illinois. In the 1890s the name of the franchise was altered to Colts. In 1898 the franchise was known as the Orphans. In 1905 the Cubs won four pennants and two World Series titles over a five-year span. In 1907 and 1908 the Cubs won consecutive World Series titles, but since then the franchise has established the longest championship drought in major league baseball. They didn't win any playoff series between 1908 and 2003, when they won over the Atlanta Braves in the NLDS. In 1921 the franchise was purchased by a chewing gum manufacturer, William Wrigley, who invested heavily in the franchise.
They gained four pennants in 1932, 1935, 1938 and 1945, sadly they could not make to the World Series in any of these years. The franchise experienced a declining phase after 1945.
In 1984, The Cubs won the first two games of the then-best of 5 National League Championship Series at Wrigley Field versus the San Diego Padres. Andre Dawson was named as NL MVP in his first season in the year 1987. Don Zimmer took over as the coach of the club and managed the club to another division title in 1989.
In 2003 the club improved its performance and gave this season a kick start as they gained first place where they won their first division crown in 14 years and with a record of 88-74.
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