1 hour ago1 hr 1 hour ago, Harry Chappas said:If the cubs are having liquidity problems. The investment in Wrigleyville is not paying off and the debt, not cub debt, is crippling them. Odd write up by someone that seems to know something to state that.Cubs owners borrow more than $65 million on Wrigley rooftops2017年6月30日 — The Ricketts family's new loan comes amid its $850 million Wrigley Field renovation and development that is changing the look of the..."Independent estimates place the Cubs' combined baseball and Wrigleyville district operations at generating annual revenues well north of $600 million, with net operating income often in the range of $70 to $100 million depending on attendance, media carriage fees, postseason performance, and the performance of ancillary assets like Hotel Zachary, Gallagher Way events, and the DraftKings Sportsbook."MICHAELDONNELLYBYTHENUMBERSThe Chicago Cubs' Business Model: Team Revenues, Wrigleyv...A clear look at the Chicago Cubs as a business. Team revenues and media rights, the Ricketts family's Wrigleyville holdings, and the capital investments that created a baseball-centered district of alSo you've basically got all the borrowing, $1 billion for ballpark renovations beginning nearly a decade ago...now this ongoing dispute with rooftops and then the Ricketts/Wrigleyville debt/developments to all consider. Edited 1 hour ago1 hr by caulfield12
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