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Chicago Cubs 2019 Season
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<blockquote data-quote="FollowTisdale" data-source="post: 1423641" data-attributes="member: 619279"><p>Yea I know they're owned wholly by the Rickett's family. Doesn't matter how many shareholders there are, there's still certain return on equity requirements probably built in. I mean maybe they don't intend to pull a return out of the team every year, but that's definitely not the most likely case. And there's MLB rules in regards to debt to revenue/expense ratios that have to be met that can restrict team spending. I'm not going to pretend I have any clue how much debt the Ricketts hold tied to the Wrigley remodel/ development of the ballpark neighborhood, so maybe they're not even close to those restrictions or maybe they are.</p><p></p><p>I'm just saying <strong> no team other than Boston </strong> has ever locked themselves over the luxury tax for more than 3 years. And even now you can read stories about the restrictions that Boston faces this off season in regards spending, even with the huge playoff revenue share they're about to get. I know Theo says they are ready to blow out spending, but you can never take the GMs words at face value (good ones anyway).</p></blockquote><p></p>
[QUOTE="FollowTisdale, post: 1423641, member: 619279"] Yea I know they're owned wholly by the Rickett's family. Doesn't matter how many shareholders there are, there's still certain return on equity requirements probably built in. I mean maybe they don't intend to pull a return out of the team every year, but that's definitely not the most likely case. And there's MLB rules in regards to debt to revenue/expense ratios that have to be met that can restrict team spending. I'm not going to pretend I have any clue how much debt the Ricketts hold tied to the Wrigley remodel/ development of the ballpark neighborhood, so maybe they're not even close to those restrictions or maybe they are. I'm just saying [b] no team other than Boston [/b] has ever locked themselves over the luxury tax for more than 3 years. And even now you can read stories about the restrictions that Boston faces this off season in regards spending, even with the huge playoff revenue share they're about to get. I know Theo says they are ready to blow out spending, but you can never take the GMs words at face value (good ones anyway). [/QUOTE]
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