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Cubs owner cites external competition as reason for not spending

The article from MSN discusses Chicago Cubs owner Tom Ricketts' perspective on the team's financial strategy amidst the competitive landscape of Major League Baseball. Ricketts highlighted the challenges of keeping up with teams like the Los Angeles Dodgers, who have significantly increased their payroll through lucrative media deals and other revenue streams. He emphasized that while the Cubs aim to compete, the financial disparity due to external competition influences their spending decisions. Ricketts also mentioned the importance of maintaining a sustainable business model, suggesting that the Cubs' approach to spending is cautious to ensure long-term financial health rather than short-term gains, which might not align with fan expectations for aggressive free-agent acquisitions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/sports/other/cubs-owner-cites-external-competition-as-reason-for-not-spending/ar-AA1xuAmx ]