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No longer losers, Chicago Cubs see success off baseball field as well

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October 13, 2015; Chicago, IL, USA; Chicago Cubs celebrate after the 6-4 victory against St. Louis Cardinals …

(Reuters) - Major League Baseball's Chicago Cubs have thrilled fans with a run to the National League championship, but the team formerly known more for tough losses and bad luck is now set for a long and lucrative stretch both on and off the baseball field.

Their run going forward will be fueled by young, less costly players, a $650 million renovation of Wrigley Field that will turn the storied ballpark into even more of a cash cow, and the expected future establishment of a dedicated television network worth billions of dollars, analysts and bankers said.