Tuesday, February 24, 2009
New Cubs Owner resigns from job
Tom Ricketts, who is the the representative of the new owners group, resigned from his job at TD Ameritrade. This comes as a huge surprise to some and may give the public more questions as to why he would do this at a time like this. Tom and his family owned the controlling stakes in TD Ameritrade. He used these funds to buy the Chicago Cubs at the beginning of this year. Though he is not the offical owner yet because the process has not been league approved. I wonder if this move will influence the decision one way or another. On one hand you will have an owner that has more time to focus on the team but in the other you have an owner who is more limited in income. I hope that Tom Ricketts will be an aggressive, successful owner much like that of George Steinbrenner. I think if you want to start a dynasty this is the only way to do it. You got to have cash flow to be able to sign the big name players just like the Yankees have done for so long. It is only as of late that their BUY BUY BUY scheme has failed and I contribute that to George's health and age. I also hope that him selling this stake doesn't later show up as a move to cover up illegal activities which in these times seems more prevalent. But only time can tell what in store for the Chicago Cubs and their new owners. I wish them the best and I will be watching.......
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