The Iowa Cubs, the long-time Triple-A affiliate of the Chicago Cubs, today announced that they have agreed to sell the team to Endeavor, a “global sports, entertainment and marketing company based in Beverly Hills, California,” through their subsidiary Diamond Baseball Holdings.
The I-Cubs were not the only team that were sold to Endeavor. Additionally, the group announced the purchase of the Memphis Redbirds (Cardinals Triple-A), Scranton/Wilkes-Barre Rail Riders (Yankees Triple-A), Hudson Valley Renegades (Yankees High-A) and San Jose Giants (Giants Low-A). Endeavor will also purchase all four Atlanta affiliates, the Gwinnett Stripers (Triple-A), Mississippi Braves (Double-A), Rome Braves (High-A) and Augusta Green Jackets (Low-A).