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Sunday, January 20, 2013

Ricketts changes the Wrigley argument: ‘We’re not a museum’

Got that right…because the true Svengoolie is at The Museum of Classic Chicago Television!

Chairman Tom Ricketts reset the public-relations campaign on Saturday at the Cubs Convention, with his executives revealing conceptual designs for a $300 million restoration project in front of a standing-room only crowd packed into a downtown Sheraton ballroom.

Ricketts signaled that using amusement taxes to help fund construction is off the table.

The negotiations will center around allowing the Cubs to put up more advertising signage, a move that would take aim at the rooftop owners, and schedule games at times that would maximize revenue. In this light, Sheffield Avenue could be turned into their version of Yawkey Way, the pedestrian space outside Fenway Park, and the Jumbotron-type video board(s) could be in play.

Given that kind of flexibility, president of business operations Crane Kenney said the Ricketts family would be “prepared to write the entire check themselves.”

Repoz Posted: January 20, 2013 at 07:42 AM | 6 comment(s) Login to Bookmark
  Tags: cubs

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   1. McCoy Posted: January 20, 2013 at 10:14 AM (#4350852)
Negotiating Tactics 101
   2. fra paolo Posted: January 20, 2013 at 10:42 AM (#4350858)
Is this a departure from the 'owners as welfare queens' regime we've been experiencing since 1992?
   3. jdennis Posted: January 20, 2013 at 12:05 PM (#4350896)
what does he mean by amusement taxes?

in omaha, the ricketts family literally tried to recall the mayor over that kind of tax.
   4. John Northey Posted: January 21, 2013 at 07:42 AM (#4351659)
Basically amusement taxes means taxing the tickets to the game. If they tax those tickets then it is basically taking money from the team as they have to factor that into their pricing. IE: If they think people will pay $50 a ticket then there is a tax put on that ticket of $5 per ticket they have to charge $45 (as $50 is what they think people will be willing to pay). Thus better to say 'we aren't taking public money' and pay it directly than to have the government collect it from you and give it back to you. Now, if the gov't would pay for it via general revenues they'd have no issue of course.
   5. BeanoCook Posted: January 21, 2013 at 11:16 AM (#4351711)
Amusement taxes are just a few steps ahead of the eventual "gravity fee" we will all be paying.
   6. Jolly Old St. Nick Still Gags in October Posted: January 21, 2013 at 12:43 PM (#4351750)
Amusement taxes are just a few steps ahead of the eventual "gravity fee" we will all be paying.

During the first (1973-74) gas crisis, a friend of mine in the Agriculture Department printed up a bunch of bogus "NOTICE: PROPOSED ELEVATOR FEE" signs and posted them in the main lobby elevators in his building just before the start of the work day. The "fee" was to be 50 cents a day, but with a monthly rate of "only" $10.00 that would result in "a substantial savings up to $1.50". As a kicker he added, "At present, no fees are being considered for use of the stairways." By noon the signs had all been removed, but not before half the building had been considering switching their voter registration.

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