Well regardless, the cubs had the most debt of any major league team which was my point.
http://www.forbes.com/sites/mikeoza...to-move-from-wrigley-field-related-cubs-debt/
The dodgers got a huge boost from the TV contract which essentially removed their debt. The cubs are in a weird position though because their tv contract is split in two pieces. Granted one is up but the other portion isn't for a number of years. What would be nice is if CSN would rip up their portion of the contract and just flat out buy all the cubs games on a new contract.
As I said before, I think you can question MLB letting the Ricketts buy the team given the issues they appear to be having with money right now. That seems valid. But, that's in the past and the Ricketts are who we have and this situation is what it is. And given that, I don't really think it's a case of them being cheap. It's more a case of them not having the income from the team to off set the cost of the team right now. I mean let's get real here, between the purchase of the team and the renovations you're talking about $1.2 BILLION dollars. That's not a small sum of money and even if the Ricketts do have lots of value associated with them it doesn't mean the money is liquid. Most of it is probably tied up in other investments.
Also, I've still yet to see anyone show a strong correlation between FA and winning. Humor me for a moment, let's say the cubs take 5-6 years under the Ricketts and play basically like they have been. And then let's say after that adjustment period they operate like Tampa only with slightly more money to retain their own guys. Would anyone really be (complaning) about a team that regularly is in the playoffs? Money is only an issue when you're losing. And people can say well the cubs aren't Tampa. But, its not just Tampa doing this. The Braves for years have built through their farm system as have the cards and numerous other successful teams. In my view, a team that can build like that but has slightly more payroll flexibility can truly be a dominant team. Look at the situation spending has got the Yankees into. Boston was largely bailed out by the Dodgers in their similar situation.