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Post by Deleted on Aug 8, 2023 10:20:02 GMT -5
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Post by Returnofstevefitz on Aug 8, 2023 11:39:33 GMT -5
"Biblical proportions" lol ok, ok, not going down that rabbit hole again
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Post by bryzzobrist on Aug 8, 2023 12:56:19 GMT -5
Same as the last few years, no?
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Post by batman66 on Aug 8, 2023 14:56:58 GMT -5
"Biblical proportions" lol ok, ok, not going down that rabbit hole again Pretty sure the teams "worth" has nothing to do with the owners bank account , so why even bring that shit up again ? And I could be wrong, but it also is not based on amount of revenue the team brought in . I think it's what the franchised is valued at if it were to be put on the market.
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Post by Returnofstevefitz on Aug 9, 2023 7:40:38 GMT -5
"Biblical proportions" lol ok, ok, not going down that rabbit hole again Pretty sure the teams "worth" has nothing to do with the owners bank account , so why even bring that shit up again ? And I could be wrong, but it also is not based on amount of revenue the team brought in . I think it's what the franchised is valued at if it were to be put on the market. You got trigger, it's ok.... you know damn well the Cubs are raking in money hand over fist, stop it. Part of the valuation is revenue, look it up, it's actually a big factor. AND, if I'm not mistaken, in total revenue in 2021 in the MLB, I believe only the Dodgers raked in more money than the Cubs.
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Post by batman66 on Aug 9, 2023 8:47:50 GMT -5
Of course they are raking in money.
So with that in mind , put yourself in his position in 2020 and think from a bussiness standpoint , when you are used to raking in money with the best of them and it stops coming in you're losing more than most teams are and nobody knew how long that would last .
And if you actually look at the quote , he wasn't talking about just the Cubs , he was talking about the league.
“The scale of losses across the league is biblical,” Ricketts said. “The timing of the work stoppage, the inability to play was right before the season started. We’re looking at 30 teams with zero revenue. To cover the losses, all teams have gone out and borrowed. There’s no other way to do it in the short run.
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Post by lajoiesghost on Aug 9, 2023 9:47:34 GMT -5
The value of the franchise is different than the revenue. Since the Ricketts family took over the Cubs, for the most part, they have spent with the big boys, the only exceptions being while building or rebuilding which makes perfect sense. Lets look at opening day payroll ranking since winning a ring. 2017 - 8th, 2018 - 4th, 2019 - 2nd, 2020 - 6th, 2021 - 10th, 2022 - 15th, 2023 - 12th. I don't get why this keeps coming up. Sure the Cubs are raking in $, MLB in general is. I'm confident that as this rebuild progresses, the payroll will go up. I don't really care exactly where they rank in spending, as we see time and time again, that's immaterial.
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Post by Deleted on Aug 9, 2023 9:59:43 GMT -5
The value of the franchise is different than the revenue. Since the Ricketts family took over the Cubs, for the most part, they have spent with the big boys, the only exceptions being while building or rebuilding which makes perfect sense. Lets look at opening day payroll ranking since winning a ring. 2017 - 8th, 2018 - 4th, 2019 - 2nd, 2020 - 6th, 2021 - 10th, 2022 - 15th, 2023 - 12th. I don't get why this keeps coming up. Sure the Cubs are raking in $, MLB in general is. I'm confident that as this rebuild progresses, the payroll will go up. I don't really care exactly where they rank in spending, as we see time and time again, that's immaterial. I didn't post this to really take a shot at the Ricketts. It was to point out how market values have skyrocketed for sports teams. Guess I should have mentioned that.
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Post by Returnofstevefitz on Aug 9, 2023 10:01:43 GMT -5
Nobody said they're being cheap, though I think they can do better with spending, but how can I complain, they're winning this year.
Nah, I'm not putting myself in Tommy's shoes crying about money knowing damn well it's a 1 year flip. Nah, I'm good. I never want to hear owners complain about money ever again.
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Post by cubbies85 on Aug 9, 2023 10:53:46 GMT -5
That’s wild that Golden State is 2nd overall. Really goes to show you what a good stretch can do. 12 years ago GS was 12th just amongst nba teams at 363 million. That’s a 21000% increase in just 12 years.
Joe Lacob better worship the ground Curry walks on.
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Post by batman66 on Aug 9, 2023 11:06:54 GMT -5
The value of the franchise is different than the revenue. Since the Ricketts family took over the Cubs, for the most part, they have spent with the big boys, the only exceptions being while building or rebuilding which makes perfect sense. Lets look at opening day payroll ranking since winning a ring. 2017 - 8th, 2018 - 4th, 2019 - 2nd, 2020 - 6th, 2021 - 10th, 2022 - 15th, 2023 - 12th. I don't get why this keeps coming up. Sure the Cubs are raking in $, MLB in general is. I'm confident that as this rebuild progresses, the payroll will go up. I don't really care exactly where they rank in spending, as we see time and time again, that's immaterial. I didn't post this to really take a shot at the Ricketts. It was to point out how market values have skyrocketed for sports teams. Guess I should have mentioned that. I know you didn't
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Post by batman66 on Aug 9, 2023 11:13:36 GMT -5
Nobody said they're being cheap, though I think they can do better with spending, but how can I complain, they're winning this year. Nah, I'm not putting myself in Tommy's shoes crying about money knowing damn well it's a 1 year flip. Nah, I'm good. I never want to hear owners complain about money ever again. Nobody knew at the time how the Covid situation was going to play out and if and when there were going to be fans in the seats again, and if so for how long etc. So how could you say he knew it would be a one year flip ? I don't like owners complaining about money either , but I get tired of people ripping him over this and again , he wasn't talking about the Cubs alone , although we knew that was his concern. His "biblical losses "comment was about baseball and all the owners. I thought his comment was very fitting for the time and situation we were in , and I could understand his concerns. So why people keep quoting him wrong years later with the notion of saying he's cheap and saying he was talking about the Cubs only is puzzling.
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Post by Returnofstevefitz on Aug 9, 2023 11:24:20 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat.
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Post by batman66 on Aug 9, 2023 11:27:02 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat. I'm simply using his quote for what it was , a comment about the owners and not just his Cubs. If you want to twist shit to fit your narrative, that's on you.
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Post by bryzzobrist on Aug 9, 2023 11:55:07 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat. Oh lord here we go
The ricketses and their apologists
I mean how can a big market team be last in spending every year? - wait, what's that? They spent over the MLB average even in this last rebuild, after spending near the top of MLB for several years? And they're expected to do so again now that the contention window is opening back up? Damn these cheap ricketses and their apologists. #1 in spending every single season or bust!
Personally, I would've rather gone over the luxury tax each year since he got here, and I wish he'd have just let the stadium rot. Would be so much better.
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Post by batman66 on Aug 9, 2023 13:26:03 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat. Oh lord here we go
The ricketses and their apologists
I mean how can a big market team be last in spending every year? - wait, what's that? They spent over the MLB average even in this last rebuild, after spending near the top of MLB for several years? And they're expected to do so again now that the contention window is opening back up? Damn these cheap ricketses and their apologists. #1 in spending every single season or bust!
Personally, I would've rather gone over the luxury tax each year since he got here, and I wish he'd have just let the stadium rot. Would be so much better.
Come on man , if he spent the most out of any owner that means they'd have a better chance win and if he isn't that means he doesn't want to win and is only concerned about filling the park , just ask Cohen who with the penalties is paying almosy half a billion on this years Mets. I've wished at times Rickets would have spent more , but I understand why in certain years they have not and I can understand why owners freaked in 2020. But my entire point of my little rant here is the "biblical losses" quote some people love to bring up wasn't him talking about just his Cubs , it was him talking about the owners and it pertained to a certain time , so why somebody brings it up now ....I don't know.
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Post by Returnofstevefitz on Aug 10, 2023 8:16:57 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat. Oh lord here we go
The ricketses and their apologists
I mean how can a big market team be last in spending every year? - wait, what's that? They spent over the MLB average even in this last rebuild, after spending near the top of MLB for several years? And they're expected to do so again now that the contention window is opening back up? Damn these cheap ricketses and their apologists. #1 in spending every single season or bust!
Personally, I would've rather gone over the luxury tax each year since he got here, and I wish he'd have just let the stadium rot. Would be so much better.
Not the point of an apologist, but carry on.
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Post by Returnofstevefitz on Aug 10, 2023 8:36:58 GMT -5
Oh lord here we go
The ricketses and their apologists
I mean how can a big market team be last in spending every year? - wait, what's that? They spent over the MLB average even in this last rebuild, after spending near the top of MLB for several years? And they're expected to do so again now that the contention window is opening back up? Damn these cheap ricketses and their apologists. #1 in spending every single season or bust!
Personally, I would've rather gone over the luxury tax each year since he got here, and I wish he'd have just let the stadium rot. Would be so much better.
Come on man , if he spent the most out of any owner that means they'd have a better chance win and if he isn't that means he doesn't want to win and is only concerned about filling the park , just ask Cohen who with the penalties is paying almosy half a billion on this years Mets. I've wished at times Rickets would have spent more , but I understand why in certain years they have not and I can understand why owners freaked in 2020. But my entire point of my little rant here is the "biblical losses" quote some people love to bring up wasn't him talking about just his Cubs , it was him talking about the owners and it pertained to a certain time , so why somebody brings it up now ....I don't know. "so why somebody brings it up now ....I don't know." Probably because this thread is literally based on franchise evaluations from 2022, which was 2 years post-COVID. Like, owners literally started making money hand over fist immediately in 2021. Again, an apologist isn't about money spent, though congrats to the Cubs, they put out a contender this season with a barely above average payroll at #12, in which they're still paying 25 million in retained salaries, so on field salary is more like #16 just under the White Sox. Again, I'll believe it when I see it, Cubs biggest contract given ever was still Jason Heyward's 184 million in December 2015, almost 10 years ago. Is Tommy willing to surpass that? We'll see..... Oh, by the way those Mets just took 2 of 3 from our Cubs, but I digress.
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Post by batman66 on Aug 10, 2023 9:14:54 GMT -5
Come on man , if he spent the most out of any owner that means they'd have a better chance win and if he isn't that means he doesn't want to win and is only concerned about filling the park , just ask Cohen who with the penalties is paying almosy half a billion on this years Mets. I've wished at times Rickets would have spent more , but I understand why in certain years they have not and I can understand why owners freaked in 2020. But my entire point of my little rant here is the "biblical losses" quote some people love to bring up wasn't him talking about just his Cubs , it was him talking about the owners and it pertained to a certain time , so why somebody brings it up now ....I don't know. "so why somebody brings it up now ....I don't know." Probably because this thread is literally based on franchise evaluations from 2022, which was 2 years post-COVID. Like, owners literally started making money hand over fist immediately in 2021. Again, an apologist isn't about money spent, though congrats to the Cubs, they put out a contender this season with a barely above average payroll at #12, in which they're still paying 25 million in retained salaries, so on field salary is more like #16 just under the White Sox. Again, I'll believe it when I see it, Cubs biggest contract given ever was still Jason Heyward's 184 million in December 2015, almost 10 years ago. Is Tommy willing to surpass that? We'll see..... Oh, by the way those Mets just took 2 of 3 from our Cubs, but I digress. "From 2022" did you read your own comment ? So why feel the need to bring up a quote regarding 2020 -21 when there was the uncertainty of Covid still lurking? The Cubs are right up against the luxury tax in a transitional season which they are attempting to take a step towards being legit contenders. Does is make sense to go over the luxury tax to you this season ? Well I'm pretty sure your answer will be they should be over it every season, but I figured I'd ask anyway. Not many teams are willing to be over the tax for more than 2 years straight because it jumps to a 50% fine, which is a huge amount to just pay for a fine. A club that exceeds the Competitive Balance Tax threshold is subject to an increasing tax rate depending on how many consecutive years it has done so. First year: 20 percent tax on all overages Second consecutive year: 30 percent Third consecutive year or more: 50 percent If a club dips below the luxury tax threshold for a season, the penalty level is reset. So, a club that exceeds the threshold for two straight seasons but then drops below that level would be back at 20 percent the next time it exceeds the threshold. There’s also a surcharge threshold for clubs that exceed the base threshold by $20 million or more. $20 million to $40 million: 12 percent surcharge $40 million to $60 million: 42.5 percent surcharge for first year; 45 percent for each consecutive year after that $60 million or more: 60 percent surcharge Clubs that are $40 million or more above the threshold shall have their highest selection in the next Rule 4 Draft moved back 10 places unless the pick falls in the top six. In that case, the team will have its second-highest selection moved back 10 places instead.
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Post by fine09 on Aug 10, 2023 9:37:03 GMT -5
You will forever be a Tommy apologist, that's ok, what ever floats your boat. No he's not Steve. You took the comment 100% out of context when you repost it stating that he was talking solely about the Cubs. Then again every other season the Cubs & many other MLB teams are basically printing money so I don't feel sorry for them one bit, nor should we..
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