CNBC's Alex Sherman sits down with Tom Ricketts, owner of the Chicago Cubs. They discuss ESPN & MLB's decision to end a decades-long TV rights deal, disruption to baseball's business model, competing with the financial firepower of the Los Angeles Dodgers and New York Mets, expectations for the 2025 season, private equity's impact on team valuations, and MLB's "superpower" versus the NFL and NBA. 

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