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davell

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Everything posted by davell

  1. davell
    Now take out being able to charge 15 times the MLB average for a ticket and having 2 million a year in season tickets guaranteed. It's a total short term outlook. You've capped yourself (we were at our payroll max when we had everything working on the field)and you're not going to be a top tier payroll team for long at all, when every other team is out there taking advantage of the things you now can't. There are plenty of teams out there that laugh at 2 mill in attendance. Plenty that have more seating capacity and plenty that have relatively to high ticket prices themselves.
  2. davell
    Okay then that will work out great when it is determined your building is unsafe for occupancy and you can no longer conduct business there. Of course you're going to do the other stuff. My point is I totally get why an owner refuses to start anything until he makes a decision on the revenue streams. You're statements are diametrically opposed. Do you mind explaining it? What I'm saying is this should have been the path taken a while back. But, in response to those saying we could do the other stuff sooner....I wouldn't do those things until I at least know that I'll have the other revenue streams and they're not in limbo. All this being said-while I think I saw it a long time ago, I have no clue what order all these things are supposed to happen in.
  3. davell
    Off the top of my head, potential money makers involving a stadium would be luxury suites, naming rights, advertising rights, taxes on concessions, parking, and surely some tax breaks in the deal structure.
  4. davell
    Okay then that will work out great when it is determined your building is unsafe for occupancy and you can no longer conduct business there. Of course you're going to do the other stuff. My point is I totally get why an owner refuses to start anything until he makes a decision on the revenue streams. In no way am I applauding him here-the decision to go this direction should have happened a long time ago, in my mind. But in no way am I going to sink a couple hundred mill into a place when my future revenue generators are in limbo.
  5. davell
    To renovate the park, you're not going to even BOTHER going thru with it, unless you're adding money streams to make it worthwhile. I may not like Ricketts myself, but I'm not expecting anyone to dump a couple hundred mill out of his own pocket just to keep something going. But I would have been fine moving to begin with, if it were feasible. In the end, you'd have a ballpark that has a limited amount of space and a limited amount of ways to make money. Putting you behind anyone else building a park that gets to use the additional revenue being generated for whatever they choose.
  6. davell
    Really? Are you an architect, Kyle? You can modernize Wrigley Field, give it the revenue streams to make it comparable to other large market parks, and unequivocally not disturb the rooftops......
  7. davell
    Hmm. I watched that video, and didn't come away with that feeling about Ricketts at all. I felt pretty good about it, actually. Like maybe our erstwhile owner is finally going to do something that will benefit us as fans. I'm not talking about the video. Within the last year, he's compared them to the neighbor stealing your HBO. While funny, it's uncalled for, given the contract they have.
  8. davell
    Well, the contract was great for the Trib, as they took a short term money grab, knowing they wouldn't be the ones facing the repercussions of renovating the park. However, it must have stuck out like a sore thumb during the Ricketts purchase. There had to be very preliminary talks with the rooftops even prior to the purchase. As it certainly affects the true value going forward from the purchase date.
  9. davell
    I get it. I agree with it. Wholeheartedly. Unfortunately a dumbass who worked on the Business side of the Trib(who is now your lead business ops guy) brokered this deal. You knew it when you bought it. Just because its s shitty deal for the Cubs-it IS a deal you inherited. Bitching and talking down about the rooftops( if you're Ricketts) does nothing, but make himself look bad.
  10. davell
    Couple of things: SSR brought up a great point. Is the real estate alone worth 50 mill? If so, or even remotely close to that, then I'd look at 50 mill as a [expletive] insult too. I hope someone here is in commercial real estate in the area or knows someone that is, to shed light there. There's always been a sort of "we're the Cubs, we made you" vibe coming from Ricketts. Which, while certainly true, glosses over the dumbass contract he inherited with them. Bernstein tweeted this is all due to one individual owner who won't, can't, has no idea how to negotiate. It absolutely sucks in trying to deal with that type of guy. Honestly, the rest of them could be quite content with things, but have to keep up the united front, because of this one [expletive]. They probably have no clue what he wants either. Him- What's the offer? Them-50 mill Him-That's not enough Them-What is? Him-More than that Them- how much more? Him-I'll know when I see it Them-Can you give us an idea? Him-I just did Them-No , an actual amount. Him-I told you, I'll know it when I see it
  11. davell
    If that's the case, I definitely side with Ricketts. But if they're THAT unreasonable, the decision to move forward should have happened long ago.
  12. davell
    I didn't even look at the value of the real estate. Do the rooftops host events that aren't game related? I know nothing of what they do. Are the Cubs entitled to 17% of that money, if they do have other events?
  13. davell
    By the way, I can't find it anywhere, but I'd love to know the approximate revenue the rooftops generate. I have no idea, so it's not worth me guessing on. I'm just trying to figure where they're coming in at 250 from. Is that 10 years of revenue, minus the 17% they pay the Cubs possibly? Or is it way higher than that? When I've been approached at selling a business or when I've attempted to buy one, the general starting point is 3 years of profit. Obviously, things can complicate that very simplistic view,(10 years left on contract in this case). But I'd like to try and truly figure out which side is truly the unreasonable one here. But I have absolutely no idea what position the rooftops are coming from here. Rightly or wrongly though, they DO have their contract and unfortunately, as leechy and unlikable as they are, if they're coming at it from 10 years minus 17% as their starting point, I at least understand their opening position. There's 16 of them, right? Do they average profiting around 1.6 mill a year after paying the Cubs? Does that seem likely?
  14. davell
    If they're looking for 250, 100 isn't fair for them, as its been broached unless our negotiators are even worse than I can possibly imagine.
  15. davell
    If there's THAT big of a gap between the two, it was never getting reached. After a few months of negotiating, that should have been clear. If THIS is a negotiating tactic itself, THIS should have been done a long time ago. It's nice pub and all(which is sad in its own right, due to length) but if it leads to anything other than a lawsuit in the near future, I'll be surprised. Ricketts is way too careful monetarily to actually do much here. The early stages aren't anything that the rooftops care about, if I'm not mistaken. It's possible, I guess this could play out in court before the signage and other real issues are messed with. Or still come to an agreement prior to anyway. They won't be spending 100+mill worth of additions if there is even a slight chance a ruling goes against them.
  16. davell
    I wonder if Underwood is holding his velo longer now? Early on in the season, he'd be 92-94 in the 1st, down to 87-88 in the 4th and 5th.
  17. davell
    Alcantara with a BB, Villanueva with a 2nd HR. Javy, 0-3, 3 K's.
  18. davell
    Villanueva with his 3rd HR. Itd be nice if him and Candelario would get going.
  19. davell
    Yeah, I viewed him as a June/July callup or not until the super two cutoff next year.
  20. davell
    Well, if we do it, I hope it's someone else we take at 4. Pentecost does nothing for me.
  21. davell
    Sore shoulder according to Arguello. [expletive] this [expletive]. Seriously, just [expletive] it all. [expletive] it.
  22. davell
    I mean, lol at the Dodgers fans, the team is still getting their TV payout. And yeah, we're probably [expletive] of course I know the deal is signed, sealed and delivered, but if they don't get help from DirecTV, I'd think that it'll get murky quick. If they're only in 30% of the market, Time Warner is going to be losing their asses. And the Dodgers lose tons of exposure, hurting them as well. I can't see that going on TOO long without something happening. Whether its an ill-fated BK or having to pay to get DirecTV to release the market to them, their deal is very likely to wind up not being nearly as good as it appears now. On the other hand though, you're right. We're fucked.
  23. davell
    Unless Rodon falls, there's not. No college bat worth taking at 4.
  24. davell
    http://sports.yahoo.com/news/10-degrees--dodgers-and-their-crazy-tv-deal-top-mlb-s-biggest-disappointments-053835872.html Oops. This can't be good for us or anyone else wanting a mega TV deal. But LOL at the Dodgers.
  25. davell
    He took a very large discount to stick around too. If he were to hit the open market, it's possible he could have doubled his guaranteed money.
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