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Taxpayers must pay the freight for over-budget train projects
Topic - Tom Ricketts
Chicago Cubs chairman Tom Ricketts remains committed to renovating Wrigley Field rather than finding a new home despite ongoing legal issues with the neighboring rooftop owners.
The Chicago Cubs unveiled their state-of-the-art spring training facility in the desert Wednesday as chairman Tom Ricketts remained hopeful that work on their historic home back in Chicago will begin soon.
Chairman Tom Ricketts insisted there will be a day when results replace promises and headlines focus on victories for the Chicago Cubs.
The most anticipated player at the Chicago Cubs' fan convention this weekend probably isn't on the roster or in the farm system. A case could be made that he's in Japan.
The Chicago Cubs, who have clung to the past the way ivy clings to Wrigley Field's outfield walls, won final approval Wednesday for a $500 million renovation project at the 99-year-old ballpark _ including a massive Jumbotron like the ones towering over every other major league stadium.
The Chicago Cubs have been cleared to move forward with their $500 million renovation of Wrigley Field _ except for the large video screen that the team's chairman says is an essential element.
During a concert at Wrigley Field last summer, Bruce Springsteen looked up at the fans packing the rooftops across the street and shouted: "Who'd you pay?"
If the Cubs were half as good at baseball as they are at artist's renderings, the team would have left Wrigley Field behind long before now.
The owner of the Chicago Cubs publicly threatened for the first time Wednesday to move the team out of Wrigley Field if his plans for a big, new video screen are blocked, saying he needs millions of dollars in ad revenue to help bankroll the renovation of the storied ballpark.
The owner of the Chicago Cubs threatened to move the team out of Wrigley Field for the first time publicly if his plans for a big, new video screen are blocked, saying Wednesday he needs new advertising revenue to help bankroll a $500 million renovation of the storied ballpark.
Cubs chairman Tom Ricketts plans to speak in Chicago and at the top of the agenda will be a massive video board he wants to build at Wrigley Field.
Chicago Cubs chairman Tom Ricketts says the video board he wants to build Wrigley Field is needed to "generate revenue" and he raised the prospect of moving out of the ballpark entirely if he is blocked from doing so.
Chicago Cubs chairman Tom Ricketts says the team needs to install a 6,000 square foot video board at Wrigley Field because it would bring in much needed revenue.
The Chicago Cubs and the city have agreed on details of a $500 million facelift for Wrigley Field, including an electronic video screen that is nearly three times as large as the one currently atop the centerfield bleachers of the 99-year-old ballpark.
Under terms of the agreement, the Cubs would also be able to increase the number of night games at Wrigley Field from 30 to 40 — or nearly half the games played there each season.
"Profit taking?" he said. "Absolutely not. That's ridiculous. We do have some issues that are created by the structure of the deal that was offered to everybody - not just to us. Those have some expenses related to it, but what you're seeing is dollars that are being taken in the organization and spent in ways that aren't just obvious to everyone on the payroll side."
"It's still too early to predict or kind of anticipate what's going to happen with those games, but we have some options and we're going to explore them and do what's right for the team," Ricketts said.