Apr 18, 2013; Chicago, IL, USA; Baseball fans try to stay dry during the third inning in a game between the Chicago Cubs and the Texas Rangers at Wrigley Field Mandatory Credit: David Banks-USA TODAY Sports

Report: Chicago Cubs May Be Close On New TV Contract

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Despite some turmoil for the Chicago Cubs earlier this week, the week is ending on a good note for the organization. On Thursday, MLB.com revealed that the Cubs had 7 of the top 100 prospects in baseball.

Now, a new television contract may be on the horizon for the Cubs.

Chicago Cubs insider Tom Loxas reports that the Cubs could be closing in on the widely rumored TV deal. Sources tell Loxas that Fox Sports is feeling confident about their chances of replacing the WGN portion of the Cubs television schedule. The report also suggested that an official announcement may be coming soon.

The report states that the plan would be for Cubs games to air on a local Fox affiliate in place of WGN through the 2019 season, then from there, all Cubs games would be moved to a  sports network that is owned by Fox (speculation in the report suggests Cubs Net).

There is no doubt that a new television contract would benefit the Cubs. Television contracts are the current dynamics of Major League Baseball’s economy. Look no further than the Seattle Mariners and Los Angeles Dodgers. Both teams recently signed new television contracts and have reaped the benefits from their respective deals by having a plethora of revenue available for their baseball operations.

That is the goal for the Cubs. A goal that could be reached soon if the Cubs are indeed closing in on a TV deal.

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