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Wrigley Renovation Thread

David

By David,
in Chicago Cubs Talk

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treebird All-Star

treebird

Old-Timey Member
Posted
Posted
can't we just take up a collection and hire wekse to bulldoze the buildings

 

Does he even know where all the Ricketts live?

 

http://static4.wikia.nocookie.net/__cb20090819003839/muppet/images/c/c3/Oscar-can2.jpg

 

excellent 1-2-3, guys

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SouthSideRyan MVP

SouthSideRyan

Old-Timey Member
Posted
Posted

“Anyone that follows the business of the game knows that the teams that are spending the most are all the teams that have just gotten brand-new TV contracts. So we still have a very, very strong baseball budget. It’s not limiting us.”

 

http://www.csnchicago.com/cubs/tanaka-fallout-cubs-facing-long-term-questions-about-future

 

Top of my head is that even true for anyone but the dodgers(who of course has yet to have their contract take effect)?

 

Didn't the Angels get one like a year or two ago when they splurged on Wilson, Pujols, and Hamilton?

 

Right you are, started in 2012 season.

SouthSideRyan MVP

SouthSideRyan

Old-Timey Member
Posted
Posted
Law tweeted this out, thought it was pretty good. Definitely had some stuff I hadn't heard before about how the original agreement

 

So while it may not be "fair" since the Cubs (and Crane Kenney) are major culprits in coming to this point

 

GROOOOOOOOOOOOOOOOOOOAAAAAAAAAAAANNNNNNNNNNNNNNN

 

Crane Kenney became President 8 [expletive] years after the rooftop deal was made.

Sammy Sofa GOAT

Sammy Sofa

Old-Timey Member
Posted
Posted

“Anyone that follows the business of the game knows that the teams that are spending the most are all the teams that have just gotten brand-new TV contracts. So we still have a very, very strong baseball budget. It’s not limiting us.”

 

http://www.csnchicago.com/cubs/tanaka-fallout-cubs-facing-long-term-questions-about-future

 

Top of my head is that even true for anyone but the dodgers(who of course has yet to have their contract take effect)?

 

Didn't the Angels get one like a year or two ago when they splurged on Wilson, Pujols, and Hamilton?

 

Right you are, started in 2012 season.

 

Rangers? Plus, obviously, the Yankees.

SouthSideRyan MVP

SouthSideRyan

Old-Timey Member
Posted
Posted

“Anyone that follows the business of the game knows that the teams that are spending the most are all the teams that have just gotten brand-new TV contracts. So we still have a very, very strong baseball budget. It’s not limiting us.”

 

http://www.csnchicago.com/cubs/tanaka-fallout-cubs-facing-long-term-questions-about-future

 

Top of my head is that even true for anyone but the dodgers(who of course has yet to have their contract take effect)?

 

Didn't the Angels get one like a year or two ago when they splurged on Wilson, Pujols, and Hamilton?

 

Right you are, started in 2012 season.

 

Rangers? Plus, obviously, the Yankees.

 

Yankees haven't signed a new TV contract in some time. Rangers deal doesn't start until 2015.

 

Going by fangraphs, the most recent deals are:

 

Astros: 2013

Padres, Angels: 2012

Twins: 2011

A's: 2009

Giants: 2008

Braves: 2007

Marlins: 2006

 

A real murderer's row of big spenders there Tommy

Sammy Sofa GOAT

Sammy Sofa

Old-Timey Member
Posted
Posted
Well, it doesn't have to be a new TV deal; I was talking about when YES kicked off. And the Rangers sure seemed to suddenly act like they have the money now.
davell Chicago Cubs

davell

Old-Timey Member
Posted
Posted

I wonder how much less the Cubs sold for, because of the type deal Zell required? Ricketts bought it as the only one willing to do it under those conditions. I guess the tax implications are making Zell more money on the back end than he did up front and Joe just looked at it as a low buy and didn't care about what ramifications it put on the team in the near term.

 

Not that it would happen, but if you look at franchise values(understand it's not 100% accurate and in the end, a product is worth whatever someone's willing to pay) now versus what Ricketts paid for the Cubs back less than 5 years ago, it's conceivable he could sell and make a 40-50% profit, for literally doing nothing. The McCourt approach, if you will, just not as effective as Frank was at it.

 

But the TV deal is on the horizon, the payroll is extremely low, the team is possibly the most profitable team in MLB, and the debt structure crap is halfway thru being dealt with. A new face could intervene and settle the rooftop [expletive], and the renovation plans are already approved.

 

Just sell the [expletive] team. Please, take your money and run.

Ryne Ween First Round Pick

Ryne Ween

Old-Timey Member
Posted
Posted
Law tweeted this out, thought it was pretty good. Definitely had some stuff I hadn't heard before about how the original agreement

 

So while it may not be "fair" since the Cubs (and Crane Kenney) are major culprits in coming to this point

 

GROOOOOOOOOOOOOOOOOOOAAAAAAAAAAAANNNNNNNNNNNNNNN

 

Crane Kenney became President 8 [expletive] years after the rooftop deal was made.

 

No groans! Everything I can find credits Kenney with negotiating the 2004 agreement and that makes sense since he would have been general council of the trib at that time.

UMFan83 GOAT

UMFan83

Old-Timey Member
Posted
Posted
Law tweeted this out, thought it was pretty good. Definitely had some stuff I hadn't heard before about how the original agreement

 

So while it may not be "fair" since the Cubs (and Crane Kenney) are major culprits in coming to this point

 

GROOOOOOOOOOOOOOOOOOOAAAAAAAAAAAANNNNNNNNNNNNNNN

 

Crane Kenney became President 8 [expletive] years after the rooftop deal was made.

 

No groans! Everything I can find credits Kenney with negotiating the 2004 agreement and that makes sense since he would have been general council of the trib at that time.

 

It was 2002 wasnt it?

 

I can swear I remember reading that he was the one that did a lot of the work in putting that deal together. Now I don't know how much of it was the Trib telling him to get a deal done and how much of it was his grand idea.

SouthSideRyan MVP

SouthSideRyan

Old-Timey Member
Posted
Posted
Law tweeted this out, thought it was pretty good. Definitely had some stuff I hadn't heard before about how the original agreement

 

So while it may not be "fair" since the Cubs (and Crane Kenney) are major culprits in coming to this point

 

GROOOOOOOOOOOOOOOOOOOAAAAAAAAAAAANNNNNNNNNNNNNNN

 

Crane Kenney became President 8 [expletive] years after the rooftop deal was made.

 

No groans! Everything I can find credits Kenney with negotiating the 2004 agreement and that makes sense since he would have been general council of the trib at that time.

 

Yeah I don't think that's how general counsels work.

USSoccer Chicago Cubs

USSoccer

Old-Timey Member
Posted
Posted

Yeah, I'm sure the general counsel of the Tribune Co. was responsible for negotiating a deal with the rooftops 2 years before he joined the Tribune Co.

 

He's clearly history's greatest monster.

UMFan83 GOAT

UMFan83

Old-Timey Member
Posted
Posted
David Kaplan @thekapman

I just reviewed the entire rooftop contract. It was sent to me and after reading all I can say is Wow.

 

David Kaplan @thekapman

The wow is because it looks pretty good for the rooftops.

 

ctcf Cooperstown

ctcf

Old-Timey Member
Posted
Posted (edited)
Law tweeted this out, thought it was pretty good. Definitely had some stuff I hadn't heard before about how the original agreement

 

So while it may not be "fair" since the Cubs (and Crane Kenney) are major culprits in coming to this point

 

GROOOOOOOOOOOOOOOOOOOAAAAAAAAAAAANNNNNNNNNNNNNNN

 

Crane Kenney became President 8 [expletive] years after the rooftop deal was made.

 

No groans! Everything I can find credits Kenney with negotiating the 2004 agreement and that makes sense since he would have been general council of the trib at that time.

 

Yeah I don't think that's how general counsels work.

 

As the Principal Executive in charge of Cubs operations for the previous eight seasons, he has helped Chicago welcome over three million fans through Wrigley Field’s turnstiles each season since 2004

 

Source: http://investing.businessweek.com/research/stocks/people/person.asp?personId=190519&ticker=TXA

 

Edit: ALSO, if he was General Counsel at the time, he absolutely would have been involved a great deal as the Rooftop deal originated as the settlement for a lawsuit between the Cubs and Rooftop owners: http://sports.espn.go.com/espn/print?id=1706351&type=story

Edited by ctcf

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