The Chicago Cubs are a professional baseball team based in Chicago, Illinois.

The Cubs belong to and are defending champions of the Central Division of Major League Baseball's National League.

The franchise has played its home games at Wrigley Field since 1916.

The Cubs are often referred to by fans and media as The North Siders because Wrigley Field is in Chicago's North Side Lakeview community, or simply as "The Cubbies."

The Cubs are currently managed by Lou Piniella, and their general manager is Jim Hendry.

In December 2007, Sam Zell completed his purchase of the club's parent organization, Tribune Company, and announced his intention to sell the team.

Reed Johnson and Jim Edmonds were added early on and Rich Harden was acquired from the Oakland Athletics in early July.

The Cubs headed into the All-Star break with the N.L.'s best record, and tied the league record with eight representatives to the All-Star game.

"The Boys in Blue" took control of the division by sweeping a four game series in Milwaukee and then equalled their 2007 win total by the end of August.

On September 14, Carlos Zambrano pitched a no-hitter against Houston in Milwaukee.

That list grew to five by August as other leading bidders including private equity investor and Milwaukee Brewers minority owner John Canning, Jr.

Others among the five remaining bidders for the Chicago Cubs includes Cuban, who is speculated to submitted a bid worth $1.3 Billion (U.S) and Ameritrade founder Joe Ricketts, who has reportedly submitted the highest bid to date.

"Go Cubs Go" 2007 edition