Chicago Cubs Press Conference Today @ Wrigley Field

Posted on 30 October 2009 by Lou

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I know we have been reporting a lot about the completion of the sale of the Cubs to the Ricketts Family, but the Cubs held a press conference at Wrigley Field today introducing the Ricketts Family as the new owners of the franchise.

The Ricketts family also released a statement to Cubs season ticket holders today – we’re still trying to get our hands on a copy of the letter, so we will post it to the blog as soon as we can redact certain information from the letter.

Tom Ricketts will lead the new ownership group as the Chairman of the Board of the Chicago Cubs franchise.  Ricketts emphasized the fact that his family is a family of Cubs fans and that they will maintain the integrity and tradition of Cubs baseball and Wrigley Field.  That being said, they are also committed to making sure that the Wrigley Field structure itself remains around for years and years to come, and in order to do that, there might be some changes that need to be made in order to reach that goal.  Ricketts mentioned nothing about raising ticket prices in 2010.  Given how bad the team performed during the 2009 schedule, it would be hard to imagine the Ricketts family raising prices.  But then again, I wasn’t the one shelling over $845 million bucks to become the new Cubs owner.  You gotta make your money back somehow…

Here are a few quotes that we have dug up from Tom Ricketts:

“It’s been a dream of mine for a long time to own the team, but it’s not the kind of thing that frequently comes true.  This is a dream come true, literally, for me and for the family, too.”

“I’ll be around [Wrigley Field].  I’ll be at almost all the games.  I’ll be with the fans more than the players… We only have a little time between now and Opening Day [2010], and we’ll do a few things to the stadium.  The real key is that we’ll spend all of next year planning the next five years, the changes we make to the stadium that bring it through to the next generation.  I think that will [involve] looking at all the options and trying to figure out what’s the best use of all the space, and both the space in the stadium and outside the stadium.”

“There are a lot of dollars committed to players for 2010, so a lot of the financial felxibility is limited for next year.  That said, there’s a great nucleus and great core team that’s coming back, and hopefully if Jim [Hendry] can find some of the right people to bring in and round out the team, we’ll have a great team next year.”

Let’s just hope they bring a championship to these loyal Cubs fans sooner rather than later…

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