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EST. 2007

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Cubs’ Debt Crushes Payroll

By bullpenbrian - January 15, 2010 - 1:15 am Leave a comment.

The misconception with the Cubs is that new owner Tom Ricketts has money growing on trees.

He doesn’t, of course, and is instead saddled with a huge amount of debt that limits the payroll for the 2010 season.

Beyond 2010 it’s likely Ricketts increases the club’s payroll given a frugal budget this season along with the renovations coming to Wrigley Field in the near future.

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