Originally Posted by DSpivack
To sum things up, the Ricketts completely overpaid for the team. As Lip just said, they don't have the cash to pay for what would be, as you say, a very expensive and difficult renovation themselves. Problem is, the state has neither the money to help with a renovation nor to build a park in the suburbs. How this plays out from here I have no idea.
They'll get some sort of money from the state eventually; but not enough to cover everything they want it to cover. Sadly, the Ricketts were blind fans instead of shrewd business people when they bought the team. None of them seem to realize the only thing worth anything IS the ballpark.
I've said it before, and I'll say it again: IF the Cubs were to move from Wrigley, no matter what they did, they would become one of the worst drawing teams in MLB. They spent nearly thirty years promoting the ballpark, not the team itself. When you run radio ads about the history that happened at Wrigley, and mention "be a part of the experience" enough times, fans get conditioned to that aspect of your product.
The Frontman Family, including a growing Future Manager of the Chicago White Sox, circa 2045.
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