May 21, 2010, 4:45 PM EDT
For years the buildings just outside of Wrigley Field have charged admission to people to sit on the roof and peer into the ballpark during Cubs games. Five or six years ago the Cubs got all litigatey about it, and ended up settling with the building owners and accepting a cut of the rooftop gate. Despite that, the relationship has been rocky, with the Cubs objecting to some of the building owners’ rooftop advertising and, more recently, hatching plans to put up Wrigley Field ads that would block the view of the neighbors.
We’re in a new era, however, because now the Cubs are actually investing directly in at least one of the rooftop businesses which had been struggling due to lack of an operator.
I’m no real estate expert or anything, but I wonder if, in this down market, it wouldn’t be a smart play for the team to try and take over some of those buildings, turning them into team owned seating. At the very least, you figure that they could use these tough times to try and muscle a bigger portion of the take out of these guys.
- The Cubs to announce the hiring of Joe Maddon on Monday 28
- Cubs fire manager Rick Renteria, clear way for Joe Maddon 59
- HardballTalk’s Top 150 Free Agents for 2015 24
- Joe Maddon’s pursuit of the Cubs job called “a classless act” by some in the game 113
- Kevin Youkilis opts for retirement at age 35 31
- 10 nominees for Hall of Fame’s Veterans Committee announced 106
- Bochy’s championship resume ranks among game’s best 19
- Alex Gordon would have been a dead duck had he tried to score 83
- A veteran says enough is enough when it comes to tributes for the soldiers (281)
- Jose Canseco shot his middle finger off (148)
- Shocker! Joe Maddon to opt out of his contract and leave the Rays (142)
- Oscar Taveras dies after car accident in the Dominican Republic (140)
- Joe Maddon’s pursuit of the Cubs job called “a classless act” by some in the game (113)