List/Grid Tag Archives: ricketts
Madigan says Cubs deal off, but Cubs say it’s still on
The owners of the Chicago Cubs are trying to gain public support for their plan to get government-issued bonds to renovate Wrigley Field. Cubs’ Chairman Tom Ricketts addressed the media Tuesday morning in a room full of business and labor leaders. Ricketts thanked a number of them that showed up at the media conference, including Teamsters Local, Chicago and Cook County Building Trade, Chicago Bricklayers Local 21, Plumber Local 130.
Chicago Cubs Owners Rail Against Gov’t Spending While Asking Taxpayers For $300 Million To Renovate Wrigley Field
WASHINGTON — Wealthy businessman Joe Ricketts’s mission to rid the country of earmarks and government waste has run into a hurdle: the request by his son, Chicago Cubs Chairman Tom Ricketts, for $300 million in taxpayer money to help renovate Wrigley Field. The elder Ricketts, founder of TD Ameritrade, recently started the nonprofit Taxpayers Against Earmarks (TAE), with the self-described mission of “educating and engaging American taxpayers about wasteful government spending and the misguided practice of earmarks.” As The Huffington Post previously reported, Ricketts also has an affiliated political group called the Ending Spending Fund, which spent a large amount of money in the Nevada Senate race against Majority Leader Harry Reid (D).
Quinn, Daley nix Ricketts’ plan for Wrigley Field
CHICAGO — Illinois Gov. Pat Quinn and Chicago Mayor Richard Daley are expressing skepticism about a plan by owners of the Chicago Cubs that seeks state help with the renovation of Wrigley Field. Daley said Monday he likes the idea of keeping the Cubs at Wrigley Field for at least 35 years. But he says he will not saddle his successor with a plan that hobbles amusement-tax growth. The Ricketts family wants Illinois to float up to $300 million in bonds to finance renovations at the 96-year-old ball park.
Cubs pick Quade as new manager (AP)
CHICAGO – The Chicago Cubs picked Mike Quade as their new manager Tuesday, choosing to go with the guy who ran the team well for the last six weeks of last season rather than a higher-profile name. The 53-year-old Quade, the team’s third base coach the past four years, was given a two-year contract and there’s a club option for 2013.
Building toward ’11, Ricketts expects drop in payroll
Some 66 years after he first visited Wrigley Field, Bud Selig returned Friday and toured the grounds with Tom Ricketts. In some ways, the commissioner saw a younger version of himself in the Cubs chairman. Ricketts will walk the concourse and buy food from the concession stands, like Selig once did at Milwaukee County Stadium when he ran the Brewers. Selig called the Cubs one of those institutional teams, and at once they are a private business viewed as a public trust. Year 1 is almost over for Ricketts and his family.
“Rink at Wrigley” Set to Welcome Skaters in Shadow of Friendly Confines
A new ice skating rink will welcome skaters to the Friendly Confines of Wrigley Field this winter, thanks to the generosity of the Ricketts family, new owners of the Cubs,…
Chicago Cubs Name Wally Hayward Executive VP, Chief Marketing Officer
The Chicago Cubs today named Wally Hayward Executive Vice President, Chief Sales and Marketing Officer, a new position within the organization. Hayward will report to Cubs President Crane Kenney. “Wally…
Ricketts Family Assumes Control of Chicago Cubs
Family is Only the Third Cubs Ownership Group in the Last 90 Years, Eighth in the 133-Year History of Storied Franchise Friday, Oct. 30, 2009 Marking a return to family…
Ricketts to Acquire 95% Stake in Cubs Franchise in $845 Million Transaction
Ricketts to Take 95% Ownership of Chicago Cubs, Wrigley Field and Tribune’s Interest in Comcast Sportsnet The Ricketts family has signed a definitive agreement with Tribune Company to acquire a 95…
Chicago Cubs File for Chapter 11 Bankruptcy Protection to Ease Transition to New Owners
The Chicago Cubs filed for Chapter 11 protection Monday, a step that will allow its corporate parent to sell the team in an $845 million deal. The filing in Wilmington,…