12-17-2009, 05:32 PM
From Sullivan on the 12th:
<!--quoteo-->QUOTE <!--quotec-->General manager Jim Hendry is suddenly the victim of his team's own largesse and has been ordered to turn off the faucet. Moreover, the Cubs are not accustomed to eating millions.
But the Cubs should have money to spend. They raised ticket prices by an average of $4.82 for next season, according to Team Marketing Report. Assuming they draw at least 3 million in 2010, that's an additional $14,460,000 in their coffers.
The Ricketts family has said all profits will be invested back into the team, which suggests the payroll should rise about 10 percent as well, to around $154 million.<!--QuoteEnd--><!--QuoteEEnd-->
<!--quoteo-->QUOTE <!--quotec-->General manager Jim Hendry is suddenly the victim of his team's own largesse and has been ordered to turn off the faucet. Moreover, the Cubs are not accustomed to eating millions.
But the Cubs should have money to spend. They raised ticket prices by an average of $4.82 for next season, according to Team Marketing Report. Assuming they draw at least 3 million in 2010, that's an additional $14,460,000 in their coffers.
The Ricketts family has said all profits will be invested back into the team, which suggests the payroll should rise about 10 percent as well, to around $154 million.<!--QuoteEnd--><!--QuoteEEnd-->