Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand
Thursday, May 17, 2012
Chicago Cubs chairman Tom Ricketts issued a statement Thursday condemning “racially divisive issues” after an article in The New York Times detailing a proposal by Ricketts’ “super PAC” to challenge President Obama’s re-election campaign because of his relationship with controversial Rev. Jeremiah Wright, among other things.
The Cubs are currently working with Chicago mayor Rahm Emanuel, President Obama’s former chief of staff, and the state of Illinois to craft a public/private financing plan to renovate Wrigley Field.
In a story posted on the New York Times’ website on Thursday morning, it was revealed that Joe Ricketts, the billionaire founder of TD Ameritrade who gave his children more than $400 million to buy the Cubs and Wrigley Field, was funding a $10 million political action committee, the Ending Spending Action Fund, aimed at challenging the president in the upcoming presidential election.
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