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A NY Post story from yesterday’s paper says that former New York City mayor and presidential hopeful Rudy Giuliani is part of a group that is . Giuliani was reportedly approached by “Mr. Cub” Erinie Banks about buying the team, which is valued at approximately $500 million:

A shocking new report revealed yesterday that former Mayor Rudy Giuliani may purchase the one-time favorite baseball team of potential presidential rival Sen. Hillary Rodham Clinton – the Chicago Cubs.Hizzoner’s company, Giuliani Partners LLC, is in talks with the hexed team’s biggest ex-star, Ernie Banks, about making a joint purchase offer to the Cubs’ owners, the Tribune Co.

Banks has already approached Tribune CEO Dennis FitzSimons about the prospect of a bid that would include him, Giuliani and another firm, Los Angeles-based Comstock Capital Partners.

The 75-year-old Hall of Famer said the discussions didn’t touch on how much of a stake Banks would put up, according to Crain’s Chicago Business.

Tribune has been facing pressure to sell the team and its broadcast unit to cover debts. FitzSimons reportedly told Banks the team wasn’t for sale – but Tribune has begun selling some of its other assets, including an Atlanta TV station.

This report makes no sense, as Chicago Tribune columnist Mike Downey points out. Giuliani is positioning himself to run for President in 2008. He’ll need to save his money for a political campaign, not spend it on a baseball team. Also, Giuliani is a Yankees fan. Strike that — he is THE YANKEES FAN. He makes Billy Crystal look like a Johnny-come-lately bandwagon hopping geek. Rudy bleeds Yankee blue.

Oh, and one final thing: Hillary Clinton is a Cubs fan. Clinton beat Rudy in her 2000 bid for the U.S. Senate. Rudy hates Clinton. He could never, EVER, jump in bed with the Cubbies.

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