Cubs owner cites external competition as reason for not spending

Sports and Competition Sports and Competition

Mon, January 20, 2025

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Cubs owner cites external competition as reason for not spending

^{Published on 2025-01-20 00:05:18 - MSN}

The standard for big-market spending in MLB has been set by the Los Angeles Dodgers and the New York Mets, but also by others like the New York Yankees and Philadelphia Phillies. At least, that's what Chicago Cubs owner Tom Ricketts will have you believe.

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 ]

N@N

Cubs owner cites external competition as reason for not spending