"My family and I are Cubs fans," said Tom Ricketts, the family's point person in the Cubs purchase. "We share the goal of Cubs fans everywhere to win a World Series and build the consistent championship tradition that the fans deserve."
about 3 years ago
Al Yellon
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This makes me all giddy
Erm, well if we are going to call Milton Bradley nicknames, mine is Fischer Price: yes, you heard it here first..
Sounds great! Finally we have a Cubs fan as team owner!
I’ve had enough of newspaper conglomerate management, and quirky chewing gum magnates.
"I'm not much of a chemistry guy, you know. Chemistry to me is a pinch-hit double with the bases loaded"--Jim Frey, Chicago Tribune, 1985.
I hope this leads
to a long run of sound player personnel decisions, financial commitment and a championship. If Ricketts is a cubs fan, he knows all too well what we want and need.
This is only the beginning....Lou Pinella end of '07 season and Chicago Transit Authority (the band when they were really good).
I couldn't agree more.
As long as he’s willing to spend, I think we are in extremely good hands.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
This does sound promising but I still maintain
we could have done a lot worse than the Tribune. I really feel they got a bad rap.
Dallas Green!
Wow!
New ownership couldn’t put together a better quote. It wraps up everything I believe in a neat and tidy package.
by N Oakley on Jan 23, 2009 8:29 AM CST reply actions 5 recs
I see light at the end of the tunnel
Now I’m hoping that the Peavy price drops to bargain pricing, and we can get that done too, then, BUILD THE FARM SYSTEM!!!!!!!!!
The Cubs make way too much money from us fans to rank #27.
The Red Sox have set the bar, lets exceed it, I think we may have the owner in place to do that!!! FINALLY!!!
Since Ricketts is not officially the owner yet...
… any Peavy deal might have to wait till the trading deadline.
At this point, I think we can have that much patience.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
True
I think at this point, we can all be happy to have the sale almost completed.
And if Ricketts is truly a Cub fan, we have a great deal to look forward to.
And I agree on the patience part, I think we all will be happy to see what happens moving forward.
These could be great times for Cubs fans.
Do you get the feeling
That the Cubs are waiting to see how Harden’s arm is holding up to see how necessary a deal for Peavy might be?
by NWIowaCubFan on Jan 23, 2009 9:08 AM CST up reply actions
Or
they are waiting to see how desperate the Pads get.
I know Al and I have both agreed numerous times that the Cubs are dealing from a position of strength, so I wouldn’t be surprised to see the Pads try an unload him closer to opening day just to trim payroll.
Its also possible that its a little bit of both, waiting for SD to flinch, and waiting to see how Hardens arm holds.
Either way, whether we get Peavy or not, I think we are stocked on SPs.
putting aside the dollars for a moment
if it gets to the point where there’s a deal on the table that does NOT include Vitters, I think it’d be baseball-stupid not to make the deal. I gotta believe though that the Padres won’t do the deal unless Vitters is part of it.
So to me, that’s the measure of how desperate the Fathers are – whether or not Vitters is part of the deal.
Lou Brown: "My kinda team, Charlie, my kinda team..."
I'm happy
there is finally one person that is ultimately responsible for the Cubs direction. I realize that doesn’t guarantee success, but many of the consistent franchises across sports have 1 visible owner. (Red Sox, Yankees, Steelers, Mavericks, and in the infancy….HAWKS!)
And I like the story where him and his wife met in the bleachers.
I'm finally moving on...
I scooped you AL.....see my reply on Cubs have a new owner...almost
“Rickett’s Quote” from 1/22 at 10:31 pm.
I thought it was worth putting on the front page.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
Great quote from Mr. Ricketts
Hopefully, sometime soon, he follows it up with something like this:
"We’re going to invest in the team – both on the field and in Wrigley Field itself, to assure that the Cubs are continually in a position to compete for World Series titles.
“We will follow the models of baseball’s successful franchises, investing in player development and other areas to assure that the Cubs are not beholden to the free agent market, but are in a position to develop talent as well.”
That’s what I hope, at least.
I love to play baseball. I'm a baseball player. I've always been a baseball player. I'm still a baseball player. That's who I am. - Ryne Sandberg
I think we'll hear something very much like that.
It follows naturally from the original statement.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
Exactly
It’s the exection and effectivness of the plan that’s yet to be evaluated…………..
Well, they can borrow that if they'd like
I’m excited to have someone who seems to “get” what the Cubs mean to people and are about running the show.
I love to play baseball. I'm a baseball player. I've always been a baseball player. I'm still a baseball player. That's who I am. - Ryne Sandberg
Let's hold it to him
and remember this quote on the dark days.
One day I hope to come up with something worthy of this space.
He had me at hello.
I can think of no three better words than “consistent championship tradition.” I’m not expecting miracles – though one every century or so would be nice. Just give me a winning baseball team that it’s in the hunt every season and that I can be proud of.
RIP Ron Asheton (1948-2009)
I think John McDonoungh said it best
It’s time for the Cubs to win the World Series — not win the Wild Card or win the division or win the pennant," “It’s time to win. It’s time to win the World Series.” Now with an owner in place who understands the plight of us fans it may very well happen. No longer will ownership be worried about profits instead of championships. I look forward to ownership doing what is necessary by pulling out all the stops for the Cubs to win a World Series.
Someday we'll go all the way.
by Cubbinstrongsince86 on Jan 23, 2009 10:37 AM CST reply actions
The sad thing...
Is that if this team actually does win a championship, the sheer legend and fan outburst alone will make it’s value positively Priceless. Not only will more fans than ever buy more merchandice than ever, it will simply raise the value of the stock of the Chicago Cubs and Wrigley Field to a level unsurpassed by almost anything in history.
by northernsails on Jan 23, 2009 4:30 PM CST up reply actions
At least...
that’s my opinion. I’m hardly a Finance or Econ guy
by northernsails on Jan 23, 2009 4:30 PM CST up reply actions
I remember John McDonough saying
that winning is the best marketing plan.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 9:43 PM CST up reply actions
Ricketts OVERPAID!
How could the Cubs sell for $900 million when John Henry bought the Red Sox in 2002 for almost the same amount? The Red Sox were perennial contenders who always fielded good teams. Granted they hadn’t won a WS since 1918. However, the teams were always competitive and had a cult following similiar, if not greater than the Cubs. Throw in the current economic evironment and the sale price becomes even more bloated.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
If winning baseball games translated to value
the Marlins would be worth a lot more than they are now. The value of a team has everything to do with how much money could be earned by owning it. The Cubs have a larger market than Boston, fans that have shown they will attend games even if the team is not winning, and the sale also included the stadium (which may or may not be worth more in potential income than Fenway) and 25% of the Comcast Sports Net.
A winning team is simply part of that equation.
Well, at after spending all that money..
…Ricketts has enough sense to build a new stadium.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
Do you really know how may fans
that would totally piss off??
I think he will work on restoring Wrigley, but to build a new stadium is really daft IMO.
And Fenway has blossomed since it was restored / rebuilt.
They will get over it. White Sox fans did.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
I must disagree
I don’t think some of the Cubs fans ever would, Wrigley is a shrine, and a symbol, althouhg it needs some serious TLC, its still workable.
If Fenway can be restored, then Wrigley can too.
Regardless of opinion though, I really doubt Ricketts will build a new stadium, with his ties to Wrigley and all.
TLC?
It needs me? those are my initials……..
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
I sure can restore it
I am not saying it will lok good, or pass any codes, but I will try
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
OK, want to compare to Fenway?
For starters:
Where do you place the new bullpens so they are not on the foul lines?
Where do you put the Jumbotron scoreboard?
And in my opinion, Fenway is still a dump. Sometimes you just have to give up on nostalgia and move on.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
Have you been to Fenway lately?
Most Red Sox fans would disagree with you.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
I live in Boston, been to Fenway many times last year (when I could get tickets).
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
ok
I won’t profess to have been there recently, so I can’t totally say its still better, but the last time I did go, prior to the restoration that is, it was in really poor shape, and the after was much better.
Will Wrigley get the same facelift?? not sure.
But, I think the only viable middle ground, woudl be to build a new stadium, and use the old for minor leagues, or as a historical site.
Although I still like the idea of play at Wrigley, and I do hope it can be turned into a good park again. But reality may be a factor.
That actually is a viable option.
Obviously, it would be prudent to wait until the credit markets improve. I had dinner with a real estate guy from Chicago and he threw out the old Meigs Field as a great location for a new park. Wouldn’t that be nice…people in kayaks in Lake Michigan in the summer waiting for that Soriano home run ball.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
Meh,
I guess deep down I’m a purist, I still want to see Wrigleyused for the Cubs, and restored, but there is the financial portion as well.
Do you build a new stadium, and improve the seating capacity, and everything else?? or do you restore, either way, Wrigley will cost a bunch to fix for whoever uses it.
As a Cubs fan I want to keep Wrigley for the Cubs, but seeing through the market as well, I see benefits to all sides.
I'd prefer an airport there
Daley screws up the transportation infrastructure under false pretense, then claims he’s a hero for adding an O’Hare runway. He causes the taxpayers to pay fines to the FAA and damages to aircraft owners/operators, destroys a Coast Guard hub . . .
Ok, I’ll stop here.
Facts are meaningless. You could use facts to prove anything that's even remotely true! --Homer J. Simpson
by Shanghai Badger on Jan 23, 2009 2:24 PM CST up reply actions
I'll pick it up from here...
Gotta love a guy who can plow Xs into runways in the middle of the night but won’t plow side streets for days…
Lou Brown: "My kinda team, Charlie, my kinda team..."
Touche!
Facts are meaningless. You could use facts to prove anything that's even remotely true! --Homer J. Simpson
by Shanghai Badger on Jan 24, 2009 4:42 PM CST up reply actions
Well, I'm definitely NOT in favor of tearing down Wrigley...
…but I must confess that the thought of a fully modernized lakefront ballpark is rather enticing.
Consistent. Championship. Tradition.
And I agree
I woudl never want Wrigley to be torn down, but I see both side, and IF there was enough steam to build anew stadium, I woudl recommend someone like the cheifs live in Wrigley and the Cubs have their new park.
Just move the wall!!
And bring all the local bars inside the gates. I’m sure they’d split the profits.
I don't really see the benefit of it, to be honest
I lived in Atlanta, went to many Braves games, and never really got anything out of all the “modern amenities.” Turner, for example, has a huge jumbotron, to which I said “meh.” I was watching the game on the field, and the only place I ever had trouble seeing it, in the outfied, was the one place where you couldn’t see the jumbotron.
Maybe it’s just because I’m a history buff, or maybe it’s just because I didn’t get to go until I was 25 — but I’d take Wrigley over Turner any day.
Team Speed Kills. All SEC, all the time.
You mean
The little shops at every other stpe wasn’t enough to make you love it??
I have been there too many time, and usually gotten grief for wearing a Cubs jersey, but I think Turner Field is missing that whole feel that both Wrigley and Fenway have.
May be nostaligia, or it may be that you feel more a part of the game in those two.
Well, I was referring more to the actual playing field and the player's facilities.
Seems like a lot of Cubs players (Big Z, for instance) have made some subtle and not-so-subtle comments on the difficulties of the small clubhouse, the very inconvenient batting cages, etc.
Consistent. Championship. Tradition.
viable?
While Northerly Island could lend itself well to a nice lakefront park with spectacular skyline views, I think the gameday logistics would be a little bit daunting. Can you imagine 40,000 people going to and from the park on game day via that one road (E. Solidarity Drive)? Although there’d be lots of parking due to close proximity to Soldier Field, public transportation would be way worse than it is now.
Besides, I can’t swim very well, so my ballhawking career would be severely curtailed. I’d have to pull a Don Novello and train me some Portuguese Water Dogs to retrieve the home run balls.
Lou Brown: "My kinda team, Charlie, my kinda team..."
That's a good point about the logistics.
It would also make downtown/LSD traffic about 20 times worse on game days. Maybe they could restrict automobiles from the area entirely and use an underground rail system to get everyone in and out. Ah, science fiction is fun.
And I was picturing you in a kayak a la AT&T Park in San Francisco. Just don’t get caught in a current or you could end up somewhere in northern Michigan.
Consistent. Championship. Tradition.
I think my biggest fear in that regards,
other than Wrigley being torn down, is a nightmare like Ten Run Field or Fruit Juce Field, or whatever it name is now. I am all for the nostalgia, but I also understand that Wrigley is one of the smallest parks in all of baseball, fitting for a minor league team, not a mlb team.
Regardless, I think there is too much history there to build a new park, and I think it has the same affect on Ricketts.
Oh, and Fenway is AMAZING compared to its prior condition.
That or
Ads everywhere
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
Yes
But I must admit, I am still confused by the train in houston, wasn’t the design of CF enough to boggle the mind??
The train
is because where MMF stands used to be there Grand Central Station back in the day. I had to ask as well. There is a bar there (where Cub fans flock) that is called B.U.S. (Bar @ Union Station)
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
Thanks
I have a friend in Houston who couldn’t answer that one for me.
New Game
Name That Ballparks Historics Goofy Shit that you see at the game?
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
to follow that up
It is alse a part of why their AAA team is Named “Round Rock Express”
There is a train track that runs next to the ballpark, the tie in to the Astros ballpark (goofy, but it is true) and of course Nolar Ryans “Express” fastball
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
For starters?
Move the bullpens to the walkway beneath the Bleachers. I vended at Wrigley and there is a massive amount of room down there.
The Jumbotron is another story. I cant see it being placed anywhere that wont destroy part of the Wrigley field historia.
by northernsails on Jan 23, 2009 4:34 PM CST up reply actions
There isn't THAT much room.
However, if they build the triangle building and move the batting cages there, there MIGHT be some room.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
why not
have them warm up in the middle of Waveland or Sheffiled
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
that's a great idea!
I can personally show Wuertz where some of the bombs he gave up landed… ;-)
Lou Brown: "My kinda team, Charlie, my kinda team..."
There wouldn't be enough room for you...
… to show that to Howry, if he was still here…
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
and thank the heavens he isn't!
"Truth does not do as much good in the world as the semblance of truth does evil," - Duc de La Rochefoucauld, Maxims, 64.
If they're willing to move...
the spiral staircase out and push some of the commisaries away and get rid of the spyhole there’s enough. But I agree the the triangle building would free up a large amount of space. The trick is actually getting it done.
by northernsails on Jan 25, 2009 4:29 PM CST up reply actions
I think it will get done.
If all goes well with the sale, construction could start next offseason.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
That's because they have 2 Championships in the last 5 years....2 more than the Cubs.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
The Red Sox were sold for $700 million, not $900 millon.
There’s quite a bit of difference there, not to mention it’s 7 years later.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
Then Ricketts really overpaid....look at how sick our economy is.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
What do you think the Red Sox would sell for today if they were for sale?
I’d say more than $900 million.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
What all was included
In the BoSox sale? Did it include 25% stake in a station, ala CSN?
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
It included 80% of NESN.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
Ok, going by this list, Ricketts overpaid by about 50% and that list was published before the whole economy and credit markets tanked!
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
I think we should keep in mind
these values are guessitimates by Forbes. MLB teams are private and their books are closed to the public.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:56 PM CST up reply actions
Purchase price isn't completely determined by value
There are other factors that go into it as well, including what a new owner thinks the potential for growth is, how badly he/she wants the asset, etc.
Team Speed Kills. All SEC, all the time.
You didn't read my response above...they won 2 WS in the last 5 years.
"Hey-Hey! Home Run! Attaboy Ronnie!" ~ Jack Brickhouse
The Nationals are worth more than the White Sox?
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:20 PM CST up reply actions
So I guess land values really
are substantially higher in DC.
Now, the White Sox don't own The Cell, correct?
Do the Nats own their stadium?
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:24 PM CST up reply actions
I'm
intrigued by the negative operating income from the yanks and Sox
That I don't buy.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:28 PM CST up reply actions
I'm inclined to agree
unless they are just taking numbers against the luxury tax, maybe using that as the threshold.
Just over $20 million.
(It’s been in all the papers.)
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:25 PM CST up reply actions
And, having been around then...
… I can tell you that $20 million was considered a huge sum for a baseball team in 1981.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
That's a good point.
The stands were empty during most of the decade before the Trib bought the team.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 2:57 PM CST up reply actions
Barring any rainouts,
I bet they will set a new attendance record this year just due to fewer home games in April. I don’t think they even play at home until mid-April, opposed to last year when they opened the season at home.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 4:15 PM CST up reply actions
hard to say
since the attendance is based on tickets sold, not tickets collected at the gate (correct me if i am wrong)
"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic
It'll be hard to break a record...
… set in a year when they played to 99.1% of capacity.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
Don't count them out yet
The papers need to re-think their model, but a lot of people still like having the paper in their hands.
Facts are meaningless. You could use facts to prove anything that's even remotely true! --Homer J. Simpson
by Shanghai Badger on Jan 23, 2009 2:29 PM CST up reply actions
As a newspaper journalist
It’s time to go online. It’s the only way to cut non-core functions, like distribution, and stop cutting content. The only problem is that the people in the big offices spent their entire careers selling ads in newspapers and can’t conceive that that model is dead.
All IMO, of course. And I’ll stop talking shop now.
Team Speed Kills. All SEC, all the time.
Actually, I find your insider perspective interesting
I do think the commuters will still want a paper, though. Wireless devices are great, but the displays are small and it makes it hard to browse thru articles. Also, while it’s not what chrisw95 meant, some people do read during a constitutional . . . .
I don’t subscribe to a paper, because I have a long commute that I drive to. I get my sports online and my news mainly on the radio during the drive. However, if I took public transportation, I think that I’d like to have a paper on the way.
Facts are meaningless. You could use facts to prove anything that's even remotely true! --Homer J. Simpson
by Shanghai Badger on Jan 23, 2009 3:18 PM CST up reply actions
Although I stated in humour,
I happen to agree, I know if I had to ride MARTA all the time, I would want ANYTHING to read, and the displays on handhelds are getting larger, and clearer, the providers are slow to adapt to an unlitited stream (Most here are limited to 5gb a month).
And if you use anything data related for work, that is usually gone in about the months time, not counting any extra “surfing”.
I like having a hard copy sometimes, too
I’m thinking about the survival of the industry, though. My father will still tell you with a straight face that vinyl records were better than casettes or CDs when it comes to not breaking, etc. He might be right; who knows? But there’s not a market for vinyl anymore.
I’m just thinking about reality, and the fact that the industry has to cut a tremendous amount of cost over the next decade or so. As a fan of media as well as a reporter, I’d rather those cuts come in distribution — as much I hate to lose anyone in the industry — than in content.
Team Speed Kills. All SEC, all the time.
Also, capital costs
Those are higher for a printing press, etc., than for the content side.
Now, I will honestly stop.
Team Speed Kills. All SEC, all the time.
Let me chime in.
What the managers at newspapers don’t seem to understand is that they are in the information business, not the “print a daily newspaper” business. If they ever figured that out, maybe they’d figure out a way to stay in business.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx
You are so right Al
But unfortunately, they are so far behind in the internet game that they can’t replace lost ad revenue in print with any other dissemination of their news online or otherwise. They are screwed.
OT -- vinyl
Best Buy was selling it the last time I stopped in . . . .
Facts are meaningless. You could use facts to prove anything that's even remotely true! --Homer J. Simpson
by Shanghai Badger on Jan 24, 2009 4:44 PM CST up reply actions
That's Atlanta's version of the CTA.
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 4:16 PM CST up reply actions
Unfortunately, no.
Its an acronym for a silly thing, Metro Atlanta Rail Transit Authourity, and their wesite, not to plug, but to show how silly it is: itsmarta.
Anything to make a Y shapped public transport have the word Smart in it. Go Figure.
In the words of Lewis Black: "Subway to Nowhere"
One of my friends from Connecticut literally laughed when she saw the “subway system” in Atlanta.
Team Speed Kills. All SEC, all the time.
Isn't that how Aramis spends his weekends?
Hey, it's a new century!
by cowsarecool220 on Jan 23, 2009 4:18 PM CST up reply actions
Good Move
That’s about all there is to it.
Chicago Cubs 2009 World Series Champions
by CUBSfaninYANKEEcountry on Jan 23, 2009 4:16 PM CST reply actions
I am really happy abou the Ricketts family
They seem like they might have a economic downturn proof business because people will probably always have to trade stocks? I am really happy. I ave been thinking about it all day and this is the best possibl owner. Much beter than cuban.
I am really not sure how i feel about Peavy. I am very very ver indifferent. I really realyl really really dont want to give up Vitters but in the heat of the moment if we did it i would say hell yea! Weird
"I played with one of the best pitchers in history, Greg Maddux," Zambrano said"
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