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Chicago, the world is celebrating with you
0:37 | MLB
Chicago, the world is celebrating with you
Thursday November 3rd, 2016

The Chicago Cubs won the 2016 World Series with 8–7 win over the Cleveland Indians in Game 7 on Thursday morning and plans are already underway for the championship parade.

The Cubs ended a 108-year drought to win their first World Series since 1908. The team overcame a 3–1 series deficit by winning Game 5 at Wrigley Field and Games 6 and 7 at Progressive Field.

Team chairman and owner Tom Ricketts was asked about the Cubs' celebration plans in Chicago and when a parade would be scheduled for.

"I have no idea, either Friday or Monday, I imagine." Ricketts said.

• Get SI's Cubs championship commemorative package

Here are the details:

Date: Friday, Nov. 4
Time: Noon ET
Schedule: Parade begins at Wrigley Field and will make its way down Michigan Avenue and Columbus Drive to Grant Park.

GALLERY: CUBS, INDIANS FANS REACT TO GAME 7

The Indians blew a 3–1 series lead to the Cubs and now have the longest drought without a championship.

They last won the World Series in 1948.

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