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Home»Cubs»Chicago Cubs owner frustrates, doubling down on frugal philosophy in TV interview
Cubs

Chicago Cubs owner frustrates, doubling down on frugal philosophy in TV interview

Paul MagnoBy Paul MagnoMarch 15, 20254 Mins Read
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MLB: New York Mets at Chicago Cubs
MLB: New York Mets at Chicago Cubs, Tom Ricketts Jun 23, 2024; Chicago, Illinois, USA; Chicago Cubs owner Tom Ricketts talks to the fans during the Ryne Sandberg statue dedication before the game between the Chicago Cubs and the New York Mets at Wrigley Field. Mandatory Credit: David Banks-Imagn Images
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The Chicago Cubs are off in Japan, bonding and serving as goodwill ambassadors for Major League Baseball. They also have reason to believe that 2025 will be a good, successful year for them.

However, beneath the surface of outward happiness, there could be a spark of disharmony just waiting to explode into a raging fireball if this year’s on-field expectations aren’t met.

That potential cataclysmic explosion centers around the Cubs ownership and their perceived unwillingness to spend top dollar in line with their status, according to Sportico.com, as an elite-earning franchise, ranked fourth in its $5.31 billion valuation behind only the New York Yankees, Los Angeles Dodgers, and Boston Red Sox.

Offseason failures in signing third baseman Alex Bregman, closer Tanner Scott, and any true front-of-rotation starter added to that sentiment.

Tom Ricketts TV Interview Confirms The Worst

tom rickets
Tom Ricketts

A recent CNBC TV appearance from chairman of the Chicago Cubs and member of the owning Ricketts family, Tom Ricketts, did nothing to dispel that “cheapskate” criticism. However, Ricketts, whose public image is still in the dumps from his now infamous “we just try to break even every year” comments earlier in the year, would essentially double down on his frugal business policy:

“There are teams that have resources that we don’t, and (there is) nothing we can do about that. Fortunately for baseball, player development is as important as how much you’re spending on free agents. We just keep grinding and doing the blocking and tackling that build the organization from the bottom up and hopefully makes us competitive on a consistent basis.

…Our strategy has been the same since day one. And that’s be consistent and try to make the playoffs. Like you know, the fact is that in the NFL or the NBA, typically the team that had a better season during – a better regular season, almost always wins the playoff matchups. You know, things happen. Upsets happen. In baseball, what we want to do is just be consistent. We want to have it. We want to win our division every year, get to the playoffs. And I can’t do anything about what the dollar, what dollars other teams have. But what I can do is try to build an organization that keeps us consistently in that mix.”

Chicago Cubs: Aiming For The (Near) Top

MLB: Spring Training Chicago Cubs Workouts Tom Ricketts
MLB: Spring Training Chicago Cubs Workouts Tom Ricketts Feb 20, 2023; Mesa, AZ, USA; Chicago Cubs chairman Thomas Ricketts talks with the media during spring training camp Mandatory Credit: Rick Scuteri-Imagn Images

That basically translates into the once widely-held philosophy that making the playoffs was enough in a wild baseball world where any team can get hot and anything can happen once in the postseason.

We’re seeing that belief fall by the wayside, however, as the Dodgers build a super team right before our eyes.

At any rate, it’s a tough sell to Cubs fans– as ticket prices go up, concessions go up, and games are put behind a paywall– that the goal is to be just good enough to contend and then hope for the best.

“Constraints”

MLB: Cincinnati Reds at Chicago Cubs Jed Hoyer Tom Ricketts
MLB: Cincinnati Reds at Chicago Cubs

Cubs president of baseball operations Jed Hoyer, who is entering into the final year of his contract, has been diplomatic in talking up the budgetary philosophies handcuffing his ability to acquire talent. It doesn’t take an expert in linguistics, though, to read between the lines.

“We took it as a real challenge,” Hoyer told media in February, referring to this year’s active, but restrained offseason. “We knew we had certain constraints. How do we work within those constraints and continue to get better at the same time? Only time will tell if we were successful. But I feel good about what we accomplished this offseason, given that we had some constraints.”

All of this is bubbling up and will boil over if the Cubs once again fail to make the playoffs. Hoyer will likely be gone and possibly used as a scapegoat, but ownership– and their frugal ways– will still be there, trying to half-measure their way to a backdoor shot at a championship.

Chicago Cubs bats silent in 3-0 loss to the Hanshin Tigers

Chicago Cubs bats silent in 3-0 loss to the Hanshin Tigers

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Chicago Cubs Jed Hoyer Tom Ricketts
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BY Paul Magno

Paul Magno is a trending news writer for ChiCitySports.

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