09/11/2008 05:12 am ET Updated May 25, 2011

Cuban Seeks Chicagoans To Help Cubs Bid

Mark Cuban is trying to woo deep-pocketed Chicagoans to help bolster his bid for the Cubs.

The billionaire Dallas Mavericks owner used intermediaries to approach at least three local execs about partnering with him on his $1.3-billion bid, according to a source. The three turned down the offer.

Mr. Cuban, a Pittsburgh native who lives in Texas, is reportedly the highest bidder for the Cubs but lacks local connections. Having Chicagoans as partners would strengthen his standing with Major League Baseball, which must approve any new ball club. MLB Commissioner Bud Selig has repeatedly expressed a preference for local ownership.

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