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CHICAGO -- Wrigley Field turns 100 this spring, and Chicago Cubs owner Tom Ricketts is looking forward to celebrating the landma

in Quasselecke 18.07.2019 06:41
von jokergreen0220 • 1.730 Beiträge

CHICAGO -- Wrigley Field turns 100 this spring, and Chicago Cubs owner Tom Ricketts is looking forward to celebrating the landmark birthday. Wholesale NHL Jerseys . He also wants to get started on the future of the beloved ballpark. Ricketts said Friday the team is examining all options for financing the renovation of the Cubs longtime home, including bringing in outside investors for the franchise. "Most teams are owned by dozens of investors," Ricketts said. "Its unusual for anyone to own 95 per cent of a team. So were going to look at whether or not that fits for us. But it is non-controlling, minority shares." Ricketts said outside investment is just one financing option being considered, and the process is just getting started. He also said there is no reason to be concerned about the financial state of the club. "It is quite common for teams to sell limited partnership interests," said Sal Galatioto, president of Galatioto Sports Partners. "Most of the major baseball franchises are held through partnerships." Galatioto said his firm represented the Ricketts when they purchased the Cubs, Wrigley Field and 25 per cent of Comcast SportsNet Chicago in 2009 from Tribune Co. or $845 million. The family controls 95 per cent of the Cubs, with Tribune Co. owning the rest. Forbes, in its recent valuation of major league teams, ranked the Cubs as the fourth-most valuable at $1.2 billion. "The $1.2 billion valuation of the club by itself seems to be in the ballpark," Galatioto said in an email. While Wrigley remains one of baseballs most popular ballparks, it lacks many of the modern amenities that are common around the majors. But the teams privately financed $500 million renovation plan remains on hold. The long-delayed project calls for construction of a nearby hotel and upgrades throughout the ballpark, with a Jumbotron video screen in left field and a 650 square-foot Budweiser sign in right. The Cubs have approval from the city for the Jumbotron and sign but seek assurances from rooftop owners along Waveland and Sheffield Aves. that they wont slow construction by suing over blocked views. The rooftop businesses give a percentage of their revenue to the Cubs as part of their contracts with the team. "The key is to just keep moving forward and keep talking," Ricketts said before the Cubs home opener against the Philadelphia Phillies, "and I expect that something will work for us. Well figure it out." But Ricketts had hoped to have started construction by now, and he sounded a bit tired about the negotiations with the rooftop owners. "Weve made a lot of concesssions," he said. "At some point it has to end somewhere. But again, were not there yet. We keep working and see what we can get done." NFL Jerseys China .2 million in 2012, according to tax returns the league has submitted. Wholesale NHL Jerseys Authentic . New York (16-9-8) took over first place in the Eastern Conference and has the best record in the league with one game remaining. Houstons five-game unbeaten streak was snapped, and the Dynamo (13-11-9) are sixth in the East with one game remaining. http://www.jerseysnhlfromchina.us/ .com) - A pair of Eastern Conference rivals will meet on Saturday as D.BARCELONA, Spain - Goalkeeper Sergio Asenjo saved a stoppage-time penalty to preserve Villarreals 2-1 victory at Espanyol in the Spanish league on Monday. Asenjo dove correctly to his right to deny Sergio Garcias spot kick after Villarreal defender Gabriel Armando handled inside the area. Villarreal led 2-0 by the 50th minute at Cornella El-Prat Stadium, starting with teenage midfielder Matias Nahuel picking out Moises Gomezs runn into the area before Jeremy Perbet doubled the advantage by scoring from a through ball into the area. Cheap NHL Jerseys Authentic. Espanyol cut the advantage in half in the 77th after Jhon Cordoba powered home a low shot, but Asenjos late heroics ensured Villarreal kept pace with fourth-place Athletic Bilbao for the leagues last Champions League qualifying place. Villarreal trails Athletic by four points. Espanyol stayed 10th. ' ' '

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