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Letter from TR

Posted: 10/12/2012 10:54 AM

Letter from TR 


Here is the part that keeps hope alive for me.  

http://view.ed4.net/v/RQVSC8/MJKDLM/JJDMXS0/YH0DD7 1/MAILACTION=1&FORMAT=H?partnerId=ed-6527078-4 22979610

   

A Message From Tom Ricketts

As part of the Cubs' ongoing efforts to engage and communicate with their fans, Chairman Tom Ricketts wrote the following letter to Cubs Season Ticket Holders:

Dear Season Ticket Holder -

With the 2012 season having drawn to a close, it's time for all of us at the Chicago Cubs to thank you for your support and provide an update on the progress we've made toward building a championship-caliber organization. You are a vital stakeholder to this franchise and an important partner in our transformation.

Despite this year's results in the standings, we are confident the Chicago Cubs are heading in the right direction. Our players, coaches, management and front office have approached their jobs with professionalism, effort and unity, which has created a winning atmosphere inside the organization. It's our responsibility to turn that effort into additional wins on the field. Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal.

To achieve our goal, it was clear the team needed a long-term strategy. Over the past year, we recruited new baseball leadership to create and execute a plan for building a consistently-competitive ballclub. We now have a long-term strategy in place and a baseball organization focused on delivering a championship to Wrigley Field. That team is communicating openly and honestly about implementing a proven model for sustained success.

As part of that strategy, we are developing a core of young players at the major league level. This season provided an opportunity for homegrown and acquired players to gain valuable experience and establish themselves as potential long-term contributors to the club.

Our minor league system improved in 2012, as the Cubs acquired, drafted or signed a significant wave of new talent into the organization. We welcomed a strong 2012 first-year player draft class into the system, building on a franchise-record investment in draft signings in 2011. Many of these players made immediate positive contributions. In fact, five Cubs prospects were included in MLB's recently-released Top 100 Prospects list; a total topped by only three other teams in the league. A number of our newly-acquired players excelled in both the minor and major leagues and look to contribute further in 2013 and beyond.
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Posted: 10/13/2012 1:15 AM

Re: Letter from TR 


The winning atmosphere must be the reason he's keeping ticket prices near the top of MLB.  It sure isn't the winning.

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Posted: 10/13/2012 1:57 AM

Re: Letter from TR 


"Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal."

Well, ohhhhkay...not to sound like 2007 here, but where, exactly, are all of those dollars being reinvested?  A little transparency would go a long way, TR.  Maybe if you actually broke down how much was being spent on facilities improvements, beefing up the front office/scouting department and talent acquisition/player development, then fans would be more likely to buy in to the plan...and understand why ticket prices are staying high while payroll is being shed.  Until that happens, people are going to think that the Cubs are just being cheap--and I can't blame them for doing so.

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Posted: 10/13/2012 11:08 AM

Re: Letter from TR 



Grandpaboy1967 wrote:

"Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal."

Well, ohhhhkay...not to sound like 2007 here, but where, exactly, are all of those dollars being reinvested?  A little transparency would go a long way, TR.  Maybe if you actually broke down how much was being spent on facilities improvements, beefing up the front office/scouting department and talent acquisition/player development, then fans would be more likely to buy in to the plan...and understand why ticket prices are staying high while payroll is being shed.  Until that happens, people are going to think that the Cubs are just being cheap--and I can't blame them for doing so.

The bulk of it has to be going towards paying off the family's debt to Sam Zell.  Dominican facility was $6-8M, scouting department upgrades don't make up for the rest.  It's either paying off debt or saving it up to pay for the triangle building or whatever upgrades that will hopefully occur one day.
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Posted: 10/13/2012 5:48 PM

Re: Letter from TR 



doughboy981 wrote:
Grandpaboy1967 wrote:

"Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal."

Well, ohhhhkay...not to sound like 2007 here, but where, exactly, are all of those dollars being reinvested?  A little transparency would go a long way, TR.  Maybe if you actually broke down how much was being spent on facilities improvements, beefing up the front office/scouting department and talent acquisition/player development, then fans would be more likely to buy in to the plan...and understand why ticket prices are staying high while payroll is being shed.  Until that happens, people are going to think that the Cubs are just being cheap--and I can't blame them for doing so.

The bulk of it has to be going towards paying off the family's debt to Sam Zell.  Dominican facility was $6-8M, scouting department upgrades don't make up for the rest.  It's either paying off debt or saving it up to pay for the triangle building or whatever upgrades that will hopefully occur one day.

What could the Cubs possibly still owe to Sam Zell?  That deal was closed 2 years ago.

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Posted: 10/14/2012 1:06 AM

Re: Letter from TR 



SPOONER wrote:
doughboy981 wrote:
Grandpaboy1967 wrote:

"Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal."

Well, ohhhhkay...not to sound like 2007 here, but where, exactly, are all of those dollars being reinvested?  A little transparency would go a long way, TR.  Maybe if you actually broke down how much was being spent on facilities improvements, beefing up the front office/scouting department and talent acquisition/player development, then fans would be more likely to buy in to the plan...and understand why ticket prices are staying high while payroll is being shed.  Until that happens, people are going to think that the Cubs are just being cheap--and I can't blame them for doing so.

The bulk of it has to be going towards paying off the family's debt to Sam Zell.  Dominican facility was $6-8M, scouting department upgrades don't make up for the rest.  It's either paying off debt or saving it up to pay for the triangle building or whatever upgrades that will hopefully occur one day.

What could the Cubs possibly still owe to Sam Zell?  That deal was closed 2 years ago.

a billion dollars...

while Zell isn't the creditor here, the debt remains.
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Posted: 10/14/2012 10:11 AM

Re: Letter from TR 


That is my point.  Why would someone think they owe money to Zell?

And anyone who has a problem with new owners financing with and paying off debt is incredibly naive.
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Posted: 10/14/2012 12:42 PM

Re: Letter from TR 



cubbyfan25 wrote:
SPOONER wrote:
doughboy981 wrote:
Grandpaboy1967 wrote:

"Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal."

Well, ohhhhkay...not to sound like 2007 here, but where, exactly, are all of those dollars being reinvested?  A little transparency would go a long way, TR.  Maybe if you actually broke down how much was being spent on facilities improvements, beefing up the front office/scouting department and talent acquisition/player development, then fans would be more likely to buy in to the plan...and understand why ticket prices are staying high while payroll is being shed.  Until that happens, people are going to think that the Cubs are just being cheap--and I can't blame them for doing so.

The bulk of it has to be going towards paying off the family's debt to Sam Zell.  Dominican facility was $6-8M, scouting department upgrades don't make up for the rest.  It's either paying off debt or saving it up to pay for the triangle building or whatever upgrades that will hopefully occur one day.

What could the Cubs possibly still owe to Sam Zell?  That deal was closed 2 years ago.

a billion dollars...

while Zell isn't the creditor here, the debt remains.
and paying down the debt is good for the franchise as are the improvements inside the stadium. Some on here act like the payroll was cut in half.
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Posted: 10/14/2012 12:45 PM

Re: Letter from TR 



absolutebadger wrote:
and paying down the debt is good for the franchise as are the improvements inside the stadium. Some on here act like the payroll was cut in half.

Yes, the bison dogs and bathrooms are nice.  As far as the payroll cut in half, that will likely be next season, as compared to opening day payroll just before the Ricketts took over.
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Posted: 10/14/2012 2:15 PM

Re: Letter from TR 



absolutebadger wrote: Here is the part that keeps hope alive for me.  

http://view.ed4.net/v/RQVSC8/MJKDLM/JJDMXS0/YH0DD7 1/MAILACTION=1&FORMAT=H?partnerId=ed-6527078-4 22979610

   

A Message From Tom Ricketts

As part of the Cubs' ongoing efforts to engage and communicate with their fans, Chairman Tom Ricketts wrote the following letter to Cubs Season Ticket Holders:

Dear Season Ticket Holder -

With the 2012 season having drawn to a close, it's time for all of us at the Chicago Cubs to thank you for your support and provide an update on the progress we've made toward building a championship-caliber organization. You are a vital stakeholder to this franchise and an important partner in our transformation.

Despite this year's results in the standings, we are confident the Chicago Cubs are heading in the right direction. Our players, coaches, management and front office have approached their jobs with professionalism, effort and unity, which has created a winning atmosphere inside the organization. It's our responsibility to turn that effort into additional wins on the field. Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal.

To achieve our goal, it was clear the team needed a long-term strategy. Over the past year, we recruited new baseball leadership to create and execute a plan for building a consistently-competitive ballclub. We now have a long-term strategy in place and a baseball organization focused on delivering a championship to Wrigley Field. That team is communicating openly and honestly about implementing a proven model for sustained success.

As part of that strategy, we are developing a core of young players at the major league level. This season provided an opportunity for homegrown and acquired players to gain valuable experience and establish themselves as potential long-term contributors to the club.

Our minor league system improved in 2012, as the Cubs acquired, drafted or signed a significant wave of new talent into the organization. We welcomed a strong 2012 first-year player draft class into the system, building on a franchise-record investment in draft signings in 2011. Many of these players made immediate positive contributions. In fact, five Cubs prospects were included in MLB's recently-released Top 100 Prospects list; a total topped by only three other teams in the league. A number of our newly-acquired players excelled in both the minor and major leagues and look to contribute further in 2013 and beyond.
Yes the Cubs have added prospewcts but it seems like this is just an attempt to buy more time while they figure out the rebuild.

Here is Telanders take -
http://www.suntimes.com/sports...themselves.html
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Posted: 10/14/2012 3:59 PM

Re: Letter from TR 



SPOONER wrote: And anyone who has a problem with new owners financing with and paying off debt is incredibly naive.

I think the problem lies in the fact that he doesn't just state that in his attempt to communicate "openly and honestly".

Last edited 10/14/2012 4:01 PM by KatieCubFan

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Posted: 10/14/2012 6:18 PM

Re: Letter from TR 



cubs2007 wrote:
absolutebadger wrote: Here is the part that keeps hope alive for me.  

http://view.ed4.net/v/RQVSC8/MJKDLM/JJDMXS0/YH0DD7 1/MAILACTION=1&FORMAT=H?partnerId=ed-6527078-4 22979610

   

A Message From Tom Ricketts

As part of the Cubs' ongoing efforts to engage and communicate with their fans, Chairman Tom Ricketts wrote the following letter to Cubs Season Ticket Holders:

Dear Season Ticket Holder -

With the 2012 season having drawn to a close, it's time for all of us at the Chicago Cubs to thank you for your support and provide an update on the progress we've made toward building a championship-caliber organization. You are a vital stakeholder to this franchise and an important partner in our transformation.

Despite this year's results in the standings, we are confident the Chicago Cubs are heading in the right direction. Our players, coaches, management and front office have approached their jobs with professionalism, effort and unity, which has created a winning atmosphere inside the organization. It's our responsibility to turn that effort into additional wins on the field. Our number one goal is to reward loyal generations of Cubs fans with a World Series and we're reinvesting every dollar spent by our fans into the franchise to achieve that goal.

To achieve our goal, it was clear the team needed a long-term strategy. Over the past year, we recruited new baseball leadership to create and execute a plan for building a consistently-competitive ballclub. We now have a long-term strategy in place and a baseball organization focused on delivering a championship to Wrigley Field. That team is communicating openly and honestly about implementing a proven model for sustained success.

As part of that strategy, we are developing a core of young players at the major league level. This season provided an opportunity for homegrown and acquired players to gain valuable experience and establish themselves as potential long-term contributors to the club.

Our minor league system improved in 2012, as the Cubs acquired, drafted or signed a significant wave of new talent into the organization. We welcomed a strong 2012 first-year player draft class into the system, building on a franchise-record investment in draft signings in 2011. Many of these players made immediate positive contributions. In fact, five Cubs prospects were included in MLB's recently-released Top 100 Prospects list; a total topped by only three other teams in the league. A number of our newly-acquired players excelled in both the minor and major leagues and look to contribute further in 2013 and beyond.
Yes the Cubs have added prospewcts but it seems like this is just an attempt to buy more time while they figure out the rebuild.

Here is Telanders take -
http://www.suntimes.com/sports...themselves.html
Telander is a dumbass. Maybe the Cubs should do business like the Sun Times. Operate at a loss for the good of the people. Does Chicago lose anything when that rag closes the doors for good?  Funny that the liabilities of the rag are just about what TR paid for the Cubs. Difference is that the Cubs actually have a product people want to pay a decent price to see.

I think everything should be free and that we were all just writers. Unfortunately most of us could do a better job than this writer spewing his venom.
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Posted: 10/15/2012 8:14 AM

Re: Letter from TR 



absolutebadger wrote:
 
Telander is a dumbass. Maybe the Cubs should do business like the Sun Times. Operate at a loss for the good of the people. Does Chicago lose anything when that rag closes the doors for good?  Funny that the liabilities of the rag are just about what TR paid for the Cubs. Difference is that the Cubs actually have a product people want to pay a decent price to see.

I think everything should be free and that we were all just writers. Unfortunately most of us could do a better job than this writer spewing his venom.
What is your problem with Rick Telander ? He is an award winning journalist and until I read one of your published books or magazine or newspaper articles I will respect his opinion over what you spew.
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Posted: 10/15/2012 5:58 PM

Re: Letter from TR 



cubs2007 wrote:
absolutebadger wrote:
 
Telander is a dumbass. Maybe the Cubs should do business like the Sun Times. Operate at a loss for the good of the people. Does Chicago lose anything when that rag closes the doors for good?  Funny that the liabilities of the rag are just about what TR paid for the Cubs. Difference is that the Cubs actually have a product people want to pay a decent price to see.

I think everything should be free and that we were all just writers. Unfortunately most of us could do a better job than this writer spewing his venom.
What is your problem with Rick Telander ? He is an award winning journalist and until I read one of your published books or magazine or newspaper articles I will respect his opinion over what you spew.
Telander had a bone to pick with Theo from the beginning, for no apparent reason other than his Ivy League background and the fact that he didn't play baseball himself, as if there weren't a relatively long list of great GM's who haven't.
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