Cubs Owner Ricketts Addresses Payroll Concerns

Chicago Cubs chairman Tom Ricketts has faced criticism from fans regarding the team's lack of spending compared to major competitors like the Dodgers and Yankees. During an interview, Ricketts argued that the Cubs do not possess the financial resources of those teams and emphasized the club's aim to break even each year. However, he indicated that the Cubs are prepared to approach the $241 million luxury tax threshold this season and could add payroll at the trade deadline if necessary. The recent trade for Kyle Tucker has generated significant attention, with further roster enhancements expected, including potential signings to bolster the bullpen. Ricketts acknowledged the unpredictability of the offseason, suggesting flexibility in strategy as opportunities arise. Meanwhile, the future of president of baseball operations Jed Hoyer remains uncertain as the Cubs have not made playoff appearances during his tenure.