Wrigley Field

Sam Zell Needs You To Help Him Pimp Out Wrigley Field

Tribune Company is now owned by a supposed money-making genius, and the best ideas he can come up with to wring more money out of Wrigley Field are more night games, additional concerts, and peddling the naming rights?

What about the weddings you could host on the pitchers mound, the bar mitzvahs, the graduation bashes, and the Congratulations On Getting Out Of Prison parties?

Welcome to the Frozen Confines

According to the Daily Herald, the Blackhawks have discussed with the Cubs the possibility that the Hawks would play one of the NHL's outdoor games next season at Wrigley Field. The NHL would obviously need to give its okay and according to the Daily Herald story, the New York Rangers, who are hoping to host a game in soon-to-be-shuttered Yankee Stadium, might be more likely to get Gary Bettman's approval than the Hawks.

Why Sell Wrigley, You Ask?

There's been a lot of talk lately about the potential sale of Wrigley Field to the state of Illinois. Many seem to be wondering why Sam Zell would risk devaluing the Cubs by selling its most valuable asset. The answer is simple...and obvious; more money.

While searching for the answer last night, I stumbled across the writers at Field of Schemes, who, in my humble opinion, are doing the Lord's work. It's been my long-held opinion that public subsidized stadiums are nothing more than corporate blackmail. The owners ask the state or local government to pay for their stadium. In return, the team won't move...how nice of them. The Field Of Schemes authors have a book whose subtitle explains it best: How the Great Stadium Swindle Turns Public Money into Private Profit. Bingo! The octogenarian's in Florida have it right though, don't pay. In most cases, the teams need the city and its population more than the city needs the team (except Green Bay which I'm certain would be swallowed up by the Earth if the Packers left).

But how does this all relate to the Wrigley Field situation, you ask? The Chicago Reader explains what some of the reasoning might be behind Zell's plan (link found via Field of Schemes):

No Love for Sam

According to Crain’s Chicago Business, Sam Zell’s plan to sell Wrigley Field to the Illinois Sports Facilities Authority is “alienating would-be buyers” of the ballclub, A member of one of the prospective ownership groups says, “Splitting (the team and ballpark) absolutely diminishes the value of the team and my interest level.”


Recent comments

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  • The media has linked Cueto and the Cubs approximately zero times this winter. I'm thinking there's just not a lot of interest there on the Cubs' part. It seems unlikely.

    If the Cubs miss on Price, Grienke, and Zimmerman, they will aim for a mid-rotation starter via free agency or trade. However, I think this scenario also significantly boosts the odds that they extend Arrieta.

  • The Tigers are going after Zimmermann and the Red Sox will be throwing money at Price. Bringing Cueto back to the NL with the Cubs is looking like a serious possibility. Thoughts?

  • Peter Abraham of the Boston Globe in the financial impact to the Red Sox for not signing Jon Lester early in the free agent process:

    It will be interesting to ultimately add up the cost of letting Jon Lester go.

    The Red Sox botched up their negotiations with Lester in during spring training of 2014, making an initial offer of $70 million that was roughly $40 million short of what it should have been. Talks broke down and Lester was traded in July.

  • Wait...you're flip-flopping again?!

    Is this legal? What is the rule here on opining definitively and then changing your mind?

    I am not only surprised at your declaration, but Cutler's better 2015 showing. I don't get it - he went through Martz, Turner, Trestman, Kromer, and now Gase...and he is still here! And. he'll be here mext year too.

  • Happ signs w Jays

    Morsi saying Price won't be a Jay

  • needs more d.beeler and e.jokisch

  • As an Illinois tax payer I appreciate what they r doing

  • + Bankruptcy Court

  • +Price

  • Rondon 2.0!!

  • 2 spots left on the 40-man...wonder if they're going to play around in the rule-5 market...

  • A special after day after Thanksgiving thanks to AZ for his insanely detailed posts on all things roster. I don't know how you keep track of all that stuff - I suspect a chip implant, but whatever it is, it's cool.

  • ...the wrong half.

  • there's nothing like crapping out of the playoffs with a strong/young cheap team after pinching pennies for years then having theo talk about having to be creative with money to make things work for 2016...but hey, baseball isn't baseball without a farmer's market and beer garden plaza with ice rinks.

    they can do both...then again, if you want to look at it from a business point of view, they don't have to do both because the team is expected to be competitive and the merch+tickets+eyes-on-team are going to be at a peak unless they fail badly.

  • Really ?

    They are trying to bring the facility to the 20th century.
    I think they know what they are doing.

  • With the Cubs adding Pierce Johnson to their roster and not exposing/losing him to the Rule 5 Draft keeps the trade ancestry tree alive that started in 1999 with Tom Gordon and undrafted Adam Morrissey and includes 17 players, the trade tree progressed to involve the Hee Sop Choi for Derrek Lee deal and the famous Aramis Ramirez/Kenny Lofton deal..Pierce Johnson is the compensation pick for Aramis Ramirez in 2012