1/19 Ricketts update on Wrigley renovations

Cubs chairman Tom Ricketts says the team needs more flexibility in order to increase income sources and do the renovations it wants to do at Wrigley Field. At the Cubs Convention on Saturday, Ricketts said the team needs some relief from some of the restrictions placed on it by the city, including the landmark status.

“Right now we’re looking at other alternatives and not looking at the amusement tax [as a revenue source],” Ricketts said. “We’re trying to find other ways to help us advance the renovations and move forward.”

The Ricketts family feels it could take care of the renovations on its own if restrictions were removed.

“Let us go about doing our business and we’ll take care of ourselves,” Ricketts said. “We want to get the project rolling. It’s a big econ developmebt for the city, it’s a lot of jobs, it’s something everyone should have an incentive to get done.”

Specific changes to the ballpark were to be discussed at a later session.

– Carrie Muskat

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