Cubs Video
On January 18, 2025, Cubs owner Tom Ricketts appeared on 670 The Score saying that the Cubs do not have the funds to spend like the Dodgers, Yankees, and Mets. This was in response to the growing frustration among Cubs fans as they watched other large-market franchises sign All-Star-caliber players to improve their rosters. At the same time, the Cubs’ most significant move last season was a trade for Kyle Tucker (OF), which cost them one of their top prospects, Cam Smith (3B/OF).
Many assumed that the Cubs would use the $27.5 million that they freed up by trading Cody Bellinger (OF) to the Yankees to extend Tucker this offseason. It is yet to be seen if the Cubs will make a serious offer to Tucker in an attempt to retain him. Ricketts defended the team’s spending (or lack thereof) by saying that the Cubs are just trying to “break even” in terms of revenue vs spending. According to a report from Forbes Payroll Data via Spotrac, Ricketts's comments paint a much different picture than the team's actual financial situation.
In 2024, the Cubs' Revenue was roughly $584 million, the third-highest in baseball, behind only the Dodgers ($752 million) and the Yankees ($728 million). This puts their earnings higher than those of all the remaining franchises, including the Mets ($444 million) and the Phillies ($519 million), which have been significantly more aggressive in spending in recent years, among others. Maybe the most discouraging statistic in this report is the percentage of revenue used to build players' rosters and to pay the luxury tax (penalty fees for exceeding a set payroll threshold). Make no mistake, ownership sets the limits on the budget allowance to put the best possible lineup out on the field.
The allocation of funds towards roster creation can lead to a competitive advantage in ways different from those of other professional leagues with salary caps that maintain a level of competitive balance. In 2025, the Cubs used 36.4% of their revenue ($213 million) to build their 26-man roster. What makes this percentage so alarming to Cubs fans is that it ranks 26th out of the 30 MLB organizations. Teams such as the Milwaukee Brewers (40.8%), Washington Nationals (42.3%), and Athletics (43.4%) are spending a greater percentage of their revenue on their players. The comparisons to other large-market teams are even more staggering. The Los Angeles Dodgers spent 73.0% ($549 million) of their revenue, the New York Yankees spent 49.7% ($362 million) of their revenue, and the New York Mets spent an eye-popping 90.0% ($400 million) of their revenue in 2025 to build their rosters.
With all of that said, Cubs fans want to know whether this trend will continue. That remains to be seen. Many talented free agents will garner large contracts, including Kyle Tucker. Last season did not end how anyone in the organization had hoped, when the Cubs were eliminated from the postseason by the rival Milwaukee Brewers in the Division Series. If the Cubs (and the Ricketts) want different results and are serious about building a sustained winning organization capable of making a deep postseason run, they can start by increasing their willingness to allocate more of their annual revenue to player acquisition and retention.
A lot of factors play into winning the World Series, but a loyal fanbase in a large market deserves to be rewarded with an owner who is willing to spend with the other top-revenue teams, because that is within their control. Let Jed Hoyer and his team go to work with the necessary budget to legitimately pursue players such as Tucker (OF), Alex Bregman (3B/DH), Eugenio Suarez (3B), and Framber Valdez (LHP). Cubs fans will consistently fill Wrigley Field and purchase team merchandise, which was on full display even during a 108-year championship drought. Tom Ricketts can reward this loyalty by allowing the front office to add a few pieces that can take the Cubs from a good team with talent to a serious contender. There is still time and resources available to achieve that this offseason.
Follow North Side Baseball For Chicago Cubs News & Analysis
-
1







Recommended Comments
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now