Confidential settlement agreement reached in case over Ernie Banks’ estate

Almost eight years later to the day of legendary Chicago Cubs player Ernie Banks’ passing, a confidential settlement was agreed upon over his estate, according to a news release.

The announcement was made Friday, a few days before Banks’ eighth death anniversary on Jan. 23. Banks, known worldwide as “Mr. Cub,” passed away in 2015 at the age of 83.

Soon after his death, his estate was tied up in litigation after Elizabeth Banks, the widow of Ernie Banks, contested his will citing undue influence and incapacity. The will stated that Regina Rice, a longtime friend of his, was the executor, trustee and sole beneficiary.

Elizabeth Banks and his three

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