New Ownership for the Cubs

Last week the reigns of the Chicago Cubs were handed over from the Tribune Company to the Ricketts family who bought the Cubs including Wrigley Field and a share in Comcast Sports Net Chicago for $845 million. On Friday The Ricketts family had a press conference to talk about the Cubs and their plans for them. The board of directors will be Tom, Pete, Todd, and Laura Ricketts. The chairmen will be Tom Ricketts whom will be the spokesman. They are going to be visible active owners. They said you will see all of them at the games. This will be a big change for Cubs fans because in the past we had the owners sitting high in the tribune towers, appearing not to even care about baseball. To management the Cubs were only a business and an investment. Now we have the Ricketts family who has a special connection and bond to the Cubs. The Cubs are a business to them, but it is also more than a business, it is a team they love and want to succeed before anything. Tom Ricketts said they will put profits back into the Cubs. That will be one of the biggest changes from the Tribune ownership. During the 80’s Tom would go to almost every weekend home game with his brothers. That is where he met his wife in the bleachers. Now after three years the Cubs ownership is settled and looks to have a good owner.

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