The Chicago Cubs baseball team filed for bankruptcy on Monday as part of the team's planned sale, according to court documents.

The Cubs bankruptcy is aimed at shedding claims on the team's assets. Major League Baseball is listed as a creditor for an undetermined amount, and the Chicago Cubs Charities are listed as owed $1.12 billion.

Well, we're still fans of America's Greatest Sport, say ten thousand kids who would have gotten kidney transplants.