But Epstein also told CSNChicago.com in late March:
“Our ability to leverage our market size into financial advantages is more difficult than I expected. “I thought that would have been something that was easier for us to do, and do now. Instead, it’s something that is out of necessity probably several years away.
“But given the timeline we’re on, that’s not the worst thing in the world, as long as we get there.”
National-TV revenues will increase for all teams starting next year, with between $20 million and $25 million more going into the Cubs’ coffers. The team is expected to leverage its opt-out clause with WGN to substantially increase local over-the-air revenues by 2015.
And if the Cubs get the Wrigley Field renovations done according to plan, their own estimates at one point last year suggested at least $95 million of additional annual revenue, according to a team source.
Even the financing of the renovations, according to internal club documents, will result in tens of millions of dollars in Stadium Investment Credit against their revenue-sharing bill through MLB.
“What [Tom Ricketts] is doing is what most owners would do,” Zimbalist said, adding that the real judgment day will come when Epstein says the team is ready to win, pending a free agent or two, and Ricketts has to decide whether to write the check.