06-02-2020, 06:41 PM
Not Tom Ricketts' most convincing performance. He thinks we are too dumb to understand their other Cubs-related businesses provide him and his poor siblings meaningful income or cash flow.
https://www.espn.com/mlb/story/_/id/2925...-back-team
https://www.espn.com/mlb/story/_/id/2925...-back-team
Quote:"Here's something I hope baseball fans understand," Ricketts told ESPN. "Most baseball owners don't take money out of their team. They raise all the revenue they can from tickets and media rights, and they take out their expenses, and they give all the money left to their GM to spend. The league itself does not make a lot of cash. I think there is a perception that we hoard cash and we take money out and it's all sitting in a pile we've collected over the years.On revenue sharing and other leagues:
Quote:"They create a sense of partnership with the players because a rising tide lifts all the boats," he said. "It's always been considered something the MLBPA doesn't want to go for because they see it as a salary cap. They're clear on that. I don't agree. If it's done right, it can give incentives for the players and the owners to grow the game. It could be part of the next CBA if people are willing to discuss it. I don't think it was ever intended to be a Trojan horse or try to sneak one in and get people comfortable with something else. In the long run I don't think this a bad idea. In the short run I don't think it's an option anymore."