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Showing posts with label Ricketts Family. Show all posts
Showing posts with label Ricketts Family. Show all posts

Wednesday, July 8, 2009

Wrigley About To Get Makeover


"When the billionaire Ricketts family gets the "play ball" sign from the closed fraternity of baseball owners, one of the first hurdles will be what to do about 95-year-old Wrigley Field. The Chicago Sun-Times reports there is a plan for a $250 million makeover timed to celebrate the ballpark's 100th anniversary and update the shrine of Major League Baseball to last for another century -- and possibly host the 2014 All-Star Game (Sportsline)."

I am a big fan of "old" ballparks, but I do believe in updating them. Fenway is 100 times better then it did before the new owners, and the same can be done with Wrigley. Hopefully they do this right, and keep the feel of the old ballpark, but are able to put in more seats and modern conveniences.

Monday, July 6, 2009

Ricketts Family Buys Cubs


"The Tribune Co. and the Ricketts family have reached an agreement on the sale of the Chicago Cubs and Wrigley Field, the Chicago Tribune is reporting on its Web site. The story quotes anonymous sources stating the two sides finalized an agreement over the weekend and sent the contract to Major League Baseball. Baseball owners must approve the deal, and because Tribune Co. is in Chapter 11 bankruptcy, a court also has to approve the transaction. The story also quotes a source stating the sales price is "close" to the $900 million bid the Ricketts family tendered earlier this year. That bid won an auction for the Cubs, Wrigley Field, and a 25 percent share of Comcast SportsNet Chicago (ESPN)."

It is about time. I feel like I have been reading this story forever. Anyways, this is good for the Cubs, because they were kind of handicapped in trying to trade or pickup players, since they really didn't know what their payroll could be. Other then that who the fuck cares? Just get off my TV...