The silliness over the economics of Wrigley Field reached a new low with Rosemont Mayor Brad Stephens offering Chicago Cubs ownership 25 acres free of charge for a Friendly Confines replacement. The land, located at Balmoral and the Tri-State Tollway, is actually a pretty attractive site for a developer: it’s next to busy stretches of […]
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White elephant on Cubs ledgers? Debt service, not Wrigley Field imperfections
ESPN’s Rick Reilly proves why sportswriters should never write about business, penning an utterly insane argument on why Wrigley Field prevents the Chicago Cubs from winning a World Series. You can read Reilly’s screed here. Reilly’s basic argument is that the Cubs’ payroll could be increased by $73 million a year if the team could […]