Re: Cuban's chances getting better than we thought?

[Jehrico]

Nevermind the intrinsic value of Wrigley. The reason a prospective owner would want Wrigley is that they can have more control over the finances of the team. No owner wants to be locked into a stupid lease for years and years that they can't renegotiate or break. Any owner would want control over that revenue stream. And nobody is buying Wrigley without some assurance that they will have a tenant.

 

Yes, if they feel that will lead to a greater revenue stream in the long run. If they feel that it'll be more profitable by some math I don't understand, then no.

 

 

Owning the stadium gives the owner flexibilty to control the revenue. If some third party owns the stadium, then there will have to be a predetermined lease that the Cub owner has to honor, because nobody is buying Wrigley without it. Also, think about it- if there is a third agent who makes a profit from the operation from Wrigley, then that's profit that doesn't go to the Cubs ballclub. If there is no profit to be made from the Stadium, they why own it?

 

 

Having the right situation with a stadium can be very profitable, and having the wrong situation with a lease can be a money drain. Look at all those teams that have been in bad financial shape and have blamed their lease situation.

 

Forget it. I don't want a Cub owner who doesn't own the stadium. Period.

I agree with you. I'm just saying that there should be some legitimate concerns. Some people might be concerned that Wrigley won't last another 20 years without requiring millions more in upkeep than what it takes in. They've had chunks of concrete falling from it, something major is going to have to be done to it sooner or later. The profit that would go to someone else would be going to someone else absorbing risk. I'd rather get an owner that wants both, I would want both. I agree with you on the overall issue. I just wouldn't think it was weird if someone were interested in the Cubs without it. I think Wrigley is the mecca of baseball, I hope the Cubs can stay there for the next 50-70 years at least, that would cover me.

[CuseCubFan69]

If someone else owns Wrigley, what's to stop the new owner from building a stadium somewhere else?

 

 

I think that's why Zell has tried to sell Wrigley first, so he can have the team sign a lease with the owner of Wrigley that the new owner would be locked into.

 

So, in theory a new owner of the team without Wrigley could build a new park, but if they are locked into a lease they would be tied to the park for at least as long as the lease is for.

 

Thanks vance. I don't see how that would make the Cubs as attractive not having Wrigley as part of the deal. What if a buyer A will give 2X over buyer B if Wrigley is part of the deal? Is it possible Zell is trying to see if someone will swoop in and buy both now before he breaks them up?

[vance_the_cubs_fan]

If someone else owns Wrigley, what's to stop the new owner from building a stadium somewhere else?

 

 

I think that's why Zell has tried to sell Wrigley first, so he can have the team sign a lease with the owner of Wrigley that the new owner would be locked into.

 

So, in theory a new owner of the team without Wrigley could build a new park, but if they are locked into a lease they would be tied to the park for at least as long as the lease is for.

 

Thanks vance. I don't see how that would make the Cubs as attractive not having Wrigley as part of the deal. What if a buyer A will give 2X over buyer B if Wrigley is part of the deal? Is it possible Zell is trying to see if someone will swoop in and buy both now before he breaks them up?

 

the only advantage an owner could have in owning the Cubs without Wrigley is that it would leave the cost of renovation and preservation of the park on the owner of the park and not the team. This could be an advantage of state ownership as the state might have a vested interest in keeping the park viable regardless of profitability.

 

That being said, I don't think the advantage outweighs the headaches and disadvantages.

[Jon]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

[Tyrant]

2girls1cup.com Stadium has a nice ring

 

Agreed. I believe their site has more info if anyone is curious.

 

I was. And I'm *reallly* glad I wikipedia'd and didn't just go to the site. :grin:

 

A wise, wise move.

[CuseCubFan69]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

[Derwood]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

 

they want to restore it to it's original look? i think they should mandate that every man in attendance where's a wool suit and a bowler hat

[CuseCubFan69]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

 

they want to restore it to it's original look? i think they should mandate that every man in attendance where's a wool suit and a bowler hat

 

Dang tootin.

[Garage Party]

Some of those chain link fences are rather unsightly. Adding more luxury seats at the expense of team offices doesn't bother me at all. I figured most of the team offices were at Tribune Tower anyway.

[javy knows my name]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

 

they want to restore it to it's original look? i think they should mandate that every man in attendance where's a wool suit and a bowler hat

Hardcore just got way too excited over that

[Banedon]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

 

they want to restore it to it's original look? i think they should mandate that every man in attendance where's a wool suit and a bowler hat

 

Wouldn't restoring it to it's original look require tearing down the bleacher additions they just freaking added?

[Fred Hornkohl]

A blurb on what the Cubs want to do with Wrigley:

Trib[/url]"]Kenney also said the Cubs want to restore Wrigley Field to "its original look," which would include removing exterior chain link fences and concrete panels. The renovations also would include upgraded luxury suites and premium seating behind home plate that would require the destruction of the team's offices.

 

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

 

they want to restore it to it's original look? i think they should mandate that every man in attendance where's a wool suit and a bowler hat

 

Wouldn't restoring it to it's original look require tearing down the bleacher additions they just freaking added?

 

Not to mention removing the upper deck that they added on.

[CoolHandLuke]

No more night baseball either.

[Sammy Sofa]

No more of the "colored" peoples in the stands or on the field, too.

 

Ah, the terrible good ol' days.

[Garage Party]

Maybe they could olden up the park by stripping those unsightly LED ribbon boards, Under Armour ads, and the backstop billboard. Surely with the money they'll be raking in from these new super-luxury seats, they won't need big CLICK-CLACKS on the doors. Right? Please?

[CuseCubFan69]

And go to the World Series more often!

[Jon]

What about moving it 100 feet or so and going back to the Federal League?

 

Getting rid of some of the fences and concrete panels might look pretty good, actually. Even redoing them would work.

[Jehrico]

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

Damn, Cuse, how old are you?

[CuseCubFan69]

I remember going to a game in the 30's and sitting in those luxury seats. They folded out into a sleeper sofa and came with an automatic awning if it rained.

Damn, Cuse, how old are you?

 

It depends on which life you're talking about.

[RedIvyCub]

Some of those chain link fences are rather unsightly. Adding more luxury seats at the expense of team offices doesn't bother me at all. I figured most of the team offices were at Tribune Tower anyway.

 

Incorrect...every member of the Cubs front office works at Wrigley Field (outside of scouts of course).

 

Not sure where you were getting that the luxury seating would be at the expense of the team offices which desperately need a major overhaul. There is a reason that the Cubs front office is the smallest by far in baseball and that is because they lack the space to expand the staff as part of the reason. The team offices face the outside of the park (hence all the windows above the main entrance to the park) with portions under the main ramps in the back of the seating areas of the grandstand so those would have to be some awfully darn big luxury seats.

[Ding Dong Johnson]

when I hit a home run over the fence at Wrigley Field, I hit it over a tru link fence

[CuseCubFan69]

when I hit a home run over the fence at Wrigley Field, I hit it over a tru link fence

 

Do you have the link to prove that?

[Ding Dong Johnson]

when I hit a home run over the fence at Wrigley Field, I hit it over a tru link fence

 

Do you have the link to prove that?

me in action

[RedIvyCub]

What about moving it 100 feet or so and going back to the Federal League?

 

Getting rid of some of the fences and concrete panels might look pretty good, actually. Even redoing them would work.

 

YAY, someone gets what they are trying to do to the exterior. Remove those huge ugly concrete slabs and replace that garrish chain link fencing with decorative iron. If you look at old pictures of Wrigley, you will see where they are going with this idea. It will look so much better.

[BigbadB]

What about moving it 100 feet or so and going back to the Federal League?

 

Getting rid of some of the fences and concrete panels might look pretty good, actually. Even redoing them would work.

 

YAY, someone gets what they are trying to do to the exterior. Remove those huge ugly concrete slabs and replace that garrish chain link fencing with decorative iron. If you look at old pictures of Wrigley, you will see where they are going with this idea. It will look so much better.

 

Do they have old photos of the stadium through the years on the walls of the executive offices?

 

I ask because I can't think of better wall fixtures than old photos through the years. My local bank has pictures on their walls of photos of the early days of the actual spot where the bank currently sits. It's pretty cool to see how areas develop over time, not to mention rather historic.