Iowa Cubs Sold To Private Equity Firm

Photo: Cubs Insider

After feeling pressure from Major League Baseball, the Endeavor Group has sold the Iowa Cubs.

The I-Cubs were sold along with nine other minor league baseball teams to Silver Lake Partners.

Endeavor came under pressure from the MLB Players Association after it expressed concerns that teams were owned by the same group that is representing players.

Silver Lake Partners is a private equity firm.

It's the second time the Iowa Cubs have been sold in the past eight months.

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