Originally written on The Biz of Baseball  |  Last updated 10/20/14
Since the Ricketts family purchased the Chicago Cubs, one of the looming questions has been renovating baseball’s second-oldest ballpark in Wrigley Field. With the Red Sox completing a 10-year renovation to the league’s oldest ballpark, it was shown that renovation over a completely new facility could be done in a way that would modernize even the oldest of structures to allow modern day amenities for both fans and the players. The problem has been gaining funding. Whether the dour economy or the fact that some municipalities may have grown weary of providing the lion’s share of the funding, getting renovations off the ground for the Cubs has been about as easy as winning a World Series for the Ricketts since purchasing the club in 2009. In 2010 a state funding bill withered and died in the Illinois legislature. But, that could finally change… if the city of Chicago corporates. Cubs Chairman Tom Ricketts said this past weekend at the Cubs Convention that if some restrictions are ...
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