King says he 's bidding as a member of an investor group . The beleaguered club then filed for bankruptcy in June and has since drawn a number of high-profile buyers into the bidding process after team owner Frank McCourt agreed to sell . The former CNN talk show host is a native of Chicago , where the club once played . The club filed for bankruptcy in 2012 , and owner Frank McCourt agreed to sell .
King says he 's bidding as a member of an investor group . The former CNN talk show host is a native of Chicago , where the club once played . The club filed for bankruptcy in 2012 , and owner Frank McCourt agreed to sell .