Tom Ricketts Discusses Cubs' Strategy, MLB Challenges

Cubs Chairman Tom Ricketts recently discussed the challenges of competing with financially robust teams like the Dodgers and Mets during a CNBC interview. He emphasized the Cubs' strategy of consistency and aiming for playoff appearances rather than directly matching the monetary might of rivals. Ricketts highlighted improvements made by the Cubs' management and the strength of their farm system as crucial factors for the upcoming season. He also touched on the impact of private equity on MLB team valuations and how recent changes to TV rights deals could disrupt baseball's business model. The conversation underscored the ongoing evolution of MLB and its competitive landscape, particularly in relation to other major sports leagues like the NFL and NBA. Overall, Ricketts expressed optimism about the Cubs' potential to reclaim their position in the league as they prepare for the new season.