Tom Ricketts

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Tom Ricketts still worried about money and CBA despite Cubs success

Baseball owners didn’t buy their teams to lose money. The Chicago Cubs are no different, and the Ricketts family is watching their bottom line. Despite plenty of success on the field, the Cubs’ bottom line, similar to the rest of baseball, is still catching up to the pace of play in a full season due to the pandemic-shortened 2020 campaign. No matter how many fans flock to Wrigley Field to see a winning ball-club, odds are the Cubs are taking on losses in 2021.
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Watch: Billy Murray Jokes about Tom Ricketts Cheapness, Suggests Kids Lemonade Stands Should Pay for Core Extensions

Bill Murray celebrated Opening Day 2.0 by singing a lovely 7th inning stretch and joking around Wrigley Field all day, per the usual. In one instance, he suggested that kids in Chicago should donate money made from lemonade stands in order to pay for Javy Báez, Kris Bryant, and Anthony Rizzo’s extensions. Watch the clip below, courtest of NBC Sports Chicago.
Chicago, ILdearjulius.com

Column: With Wrigley Field at full capacity, fans finally return to the stands — and Chairman Tom Ricketts takes it all in with them: ‘I think for everyone that comes here, it’s a special experience’

The entire city had been waiting for Chicago to reopen Friday, and like anyone else, Cubs Chairman Tom Ricketts was geeked from the moment he awoke. Wrigley Field would be at 100 % capacity for the first time since the final home game of 2019, and a sense of normalcy finally had returned to the corner of Clark and Addison Streets.
MLBchatsports.com

If Chicago Cubs trade Kris Bryant, Tom Ricketts should sell the team

(Photo by Joe Sargent/Getty Images) Pretty much all season, I’ve maintained the Chicago Cubs will eventually wind up trading some combination of Javier Baez, Kris Bryant and Anthony Rizzo. I still believe that to be the case – not because I think that’s the proper course of action, but because I have that little faith in ownership to do the right thing here.
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Tom Ricketts on how Cubs are limiting COVID-19 risk at Wrigley

Going to games at Wrigley Field this season won’t be like years past. And not just because the season is scheduled to open with the ballpark at 20% capacity. “We certainly have collaborated with the White Sox and other teams locally,” Cubs chairman Tom Ricketts said as member of a sports business panel held virtually on Wednesday. “There's a presidents group that gets together on a regular basis to talk about best practices. The league itself has done a nice job of giving us information on best practices. Because when we reopen the ballpark, it's not just the number of seats.”
BusinessCNBC

Incapital co-founder Tom Ricketts discusses merger with CapMarkets

Incapital and 280 CapMarkets agreed to merge and create a fintech company called InspereX. The new company will become a unique fintech firm with a mission of improving fixed income distribution and trading for all market participants. The deal is expected to close by the end of Q1 this year. Incapital co-founder and chairman Tom Ricketts joins ‘Closing Bell’ to discuss.
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Tom Ricketts Has Reportedly Increased Player Payroll Budget for ’21

The Joc Pederson deal was an indication that something may have changed in Jed Hoyer’s budget and, sure enough, David Kaplan tweeted Friday morning that Tom Ricketts has indeed increased the payroll budget for 2021. We’re probably not talking about giving Hoyer another $25 million or anything, but getting a little creative as he did with Pederson will allow the extra money to stretch further.
MLBchatsports.com

Cubs Rumors: Tom Ricketts just gave Jed Hoyer more money to work with

(Photo by David Banks/Getty Images) If you were caught off-guard by Friday morning’s signing of longtime Dodgers outfielder Joc Pederson, you’re not alone. After spending next to nothing on payroll, the Chicago Cubs inked the slugging outfielder to a one-year, $7 million deal with a mutual option for 2022. Per Joel Sherman, that will keep the team’s financial commitment in 2021 relatively low. So how did Jed Hoyer pull off this deal? Apparently, he now has more resources at his disposal.
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MLBchatsports.com

Without Cubs Convention, Tom Ricketts is thanking his lucky stars

Annually, about this time of year, I make my trip to the Sheraton on the Chicago River for an event that my non-baseball fan friends of mine have called cult-like, ridiculous and over-the-top. You’re damn right. And I love every minute of it. I don’t enjoy Cubs Convention for the...
Baseballchatsports.com

Tom Ricketts hamstrung the Cubs with his talk of ‘biblical losses’

(Photo by Jonathan Daniel/Getty Images) Cubs owner Tom Ricketts’ rhetoric is proving costly for his team this winter. This is kinda getting old talking about baseball losing money in the midst of a pandemic that has torn the country apart, left many regular Joes without jobs and generally razed the psyche of the nation to a shell of its former self. And yet, there seem to be more financial dots to connect in this terrible offseason for the Cubs. Forgive me, but just know that I side with baseball owners on almost nothing.